Page 1041 - Finance News
ICICI home loan portfolio crosses Rs 1 lakh cr
First pvt sector lender to achieve the milestone, launches 2 new products in this segment
 "ICICI home loan portfolio crosses Rs 1 lakh cr")
 "Mkts saddled with Rs 6,500-cr inflation bonds")
FLCs, banks' rural branches could target different segments: RBI
The banking regulator also said that there should also be adequate synchronisation at the ground level between the different stakeholders
 "FLCs, banks' rural branches could target different segments: RBI")
Over-the-counter IRS trading slowly moves to platform
The IRS trades, done mainly through overnight index swaps (OIS), is an insurance against interest rate movement
 "Over-the-counter IRS trading slowly moves to platform")
Gold bonds: RBI to issue second tranche
The central bank will allow applications for the bonds from Jan 18 to Jan 22
 "Gold bonds: RBI to issue second tranche")
RBI allows banks to provide all services at off-site ATMs
Off-site ATMs are not on premises of a bank branch
 "RBI allows banks to provide all services at off-site ATMs")
Banks to launch 2nd tranche of gold bonds on Jan 18: FinMin
The first tranche of gold bond scheme had got subscription for 915.95 kg of gold amounting to Rs 246 cr
Bandhan Bank opens 608th branch in Lucknow
Currently, the bank operates across 27 states through a network of over 595 branches and 183 ATMs
 "Bandhan Bank opens 608th branch in Lucknow")
SBI opens first dedicated banking branch for startups
Lender opens InCube branch in Bengaluru; to help in needs like employee account maintenance and setting up a company
 "SBI opens first dedicated banking branch for startups")
ICICI Bank home loan portfolio crosses Rs 1-lakh cr mark
Country's largest private lender launches new online home approval facility
 "ICICI Bank home loan portfolio crosses Rs 1-lakh cr mark")
Credit profile of Indian Bank to stabilise on fewer stressed loans
The gradual improvement in operating environment for Indian banks is expected to reduce pace of additions to bad loan portfolio, the ratings agency said
 "Credit profile of Indian Bank to stabilise on fewer stressed loans")
HDFC Bank grabs majority share in credit card book size
Bank claims to have 52% market share in outstanding net receivable
 "HDFC Bank grabs majority share in credit card book size")
SBI opens branch in Seoul, South Korea
Inks pact with The Export-Import Bank of Korea for $500-mn credit line
 "SBI opens branch in Seoul, South Korea")
Karur Vysya Q3 net up 34% at Rs 153 crore
Gross NPAs remained constant at 1.91% of the total advances
 "Karur Vysya Q3 net up 34% at Rs 153 crore")
Banks want govt to focus on public spending over fiscal deficit road map
The institutions wanted incentives to encourage cashless transactions through debit/credit cards and rationalisation of interest rate of small savings schemes
 "Banks want govt to focus on public spending over fiscal deficit road map")
SBI to monetise non-core assets, list few other units
Move aims at meeting capital requirements and Basel-III norms
 "SBI to monetise non-core assets, list few other units")
Rajan bats for more power to RBI board
"I am glad to report that henceforth our budget will be approved by our Central Board," Rajan
 "Rajan bats for more power to RBI board")
SBI to monetise non-core assets, list few units over 3 yrs
The bank has already announced plans to lower its stake in insurance ventures -- SBI Life Insurance & SBI General
 "SBI to monetise non-core assets, list few units over 3 yrs")
DCB Bank Q3 net dips marginally to Rs 41 cr
Total income of the bank increased to Rs 477 crore during the third quarter of current fiscal
 "DCB Bank Q3 net dips marginally to Rs 41 cr")
Federal Bank Q3 profit slides 39% to Rs 163 cr
Total income of the lender came down to Rs 2,086 crore during the quarter
 "Federal Bank Q3 profit slides 39% to Rs 163 cr")