Page 1049 - Finance News
RBI to NFS banks: Ensure mobile banking registration at ATMs
For the purpose, central bank wants necessary changes in ATM switches
 "RBI to NFS banks: Ensure mobile banking registration at ATMs")
SBI likely to miss credit growth target, sees 16% next year
GDP growth expected to be 8% and credit growth would be twice that of GDP growth
 "SBI likely to miss credit growth target, sees 16% next year")
CBI files charge sheet in Bank of Baroda case
A CBI spokesperson said two former officials of Bank of Baroda have been named in the charge sheet
 "CBI files charge sheet in Bank of Baroda case")
US Fed hikes rate by 25 bps for first time since June 2006
The American central bank is expected to move gradually on subsequent rate hikes after this initial lift-off
 "US Fed hikes rate by 25 bps for first time since June 2006")
Heat on RBI, banks to reveal defaulters
The SC dismissed a large number of appeals moved by RBI, ICICI Bank and Nabard, invoking banking rules and confidentiality to deny the information
 "Heat on RBI, banks to reveal defaulters")
RBI has enough to fight Fed-induced volatility
RBI has forex reserves of $352 billion
RBI accountable to disclose information under RTI Act: SC
The apex court clarified that RBI cannot withhold information under the 'guise' of confidence or trust with financial institutions
 "RBI accountable to disclose information under RTI Act: SC")
Hitachi keen to partner postal dept for payment bank: Prasad
IT Minister also meets Google CEO Sundar Pichai, discusses 'Internet Saathi' project to train women in 300,000 villages
 "Hitachi keen to partner postal dept for payment bank: Prasad")
Fullerton to put Rs 150 cr in housing finance unit
Gets funds from Tamasek, its parent company
 "Fullerton to put Rs 150 cr in housing finance unit")
RBI dismisses rumours, says rupee notes with writing are legal
Dismissing social media rumours, the Reserve Bank said all notes including those with scribbling will continue to be legal
 "RBI dismisses rumours, says rupee notes with writing are legal")
Exclusive - StanChart axes top bankers in energy M&A team - sources
Standard Chartered is ending an eight-year attempt to build a global energy M&A team
 "Exclusive - StanChart axes top bankers in energy M&A team - sources")
RBI, bank heads discuss cleansing of lender books
Review asset quality situation
 "RBI, bank heads discuss cleansing of lender books")
Reliance Home Finance to tap SME segment
To grow assets under management from Rs 6,500 crore to Rs 50,000 crore in five years
 "Reliance Home Finance to tap SME segment")
 "Merger of banks has to be very focused: Mundra")
 "Mumbai cops rope in SBI for cyber crime awareness drive")
RBI discusses asset quality with bank heads
Credit rating agency Fitch Ratings said in a report that it expects the banks to show a gradual improvement in the stressed assets ratio
 "RBI discusses asset quality with bank heads")
Indian banks will get more resilient despite bad debt: Moody's
The reason why most Asia-Pacific banks have stable outlook is the strength of their loss-absorbing buffers
 "Indian banks will get more resilient despite bad debt: Moody's")
DCB Bank cuts base rate by 15 bps to 10.7%
The bank also revised downwards its benchmark prime lending rate (BPLR) by a similar margin to 17.95%
 "DCB Bank cuts base rate by 15 bps to 10.7%")
Once hot, India bond markets turn vulnerable ahead of Fed decision
Traders are calling on the RBI to intervene by buying bonds via open market operations
 "Once hot, India bond markets turn vulnerable ahead of Fed decision")