Page 1053 - Finance News
Foreign borrowing norms relaxed
RBI gives a leg-up to rupee bonds
 "Foreign borrowing norms relaxed")
More policy rate cuts necessary to hasten pace of growth: Bankers
The easing of rates would help sustain retail consumer sentiment over the next few months
 "More policy rate cuts necessary to hasten pace of growth: Bankers")
Consumer durables and credit card loans grow in October
As per RBI consumer durable loans increased by 53.2% in the month of October where as credit card outstanding grew by 26%
 "Consumer durables and credit card loans grow in October")
 "RBI to hold interviews for dy guv on Dec 8")
Tracking RBI's central concerns
Governor's statements will be weighed to gauge confidence level in meeting inflation milestones
RBI eases overseas borrowing rules for local companies
The RBI said it was taking a 'more liberal approach' for long-term foreign currency borrowing
RBI eases overseas borrowing rules for local companies
The RBI said it was taking a 'more liberal approach' for long-term foreign currency borrowing
 "RBI eases overseas borrowing rules for local companies")
Little success for SDR as banks scout for promoters
Price discovery, finding strategic partners among stumbling blocks
 "Little success for SDR as banks scout for promoters")
Rupee stares at volatility, bonds to rise further
All eyes are on RBI's monetary policy review on December 1
Experts bet on RBI to hold rates steady on Tuesday
Central bank adopting a wait- and-watch approach ahead of US Fed meeting
 "Experts bet on RBI to hold rates steady on Tuesday")
Payments banks no threat to current banking giants: Report
Says they will only complement full-service banks
 "Payments banks no threat to current banking giants: Report")
Green bond offerings rise on govt's clean-energy push
IDBI Bank became the first commercial lender this week to line up global investors for green bonds
 "Green bond offerings rise on govt's clean-energy push")
SKS Microfinance slashes interest rate to 19.75%
As on September 30, 2015, SKS Microfinance's net worth stood at Rs 1,203 cr
 "SKS Microfinance slashes interest rate to 19.75%")
IDBI Bank employees observe one-day strike privatisation plans
The PSU bank came into existence after Parliament passed the IDBI Repeal Act in 2003
Gold bonds mop up Rs 246 crore
Economic Affairs Secretary Shaktikanta Das on Friday tweeted the scheme evoked "excellent response for an innovative product"
 "Gold bonds mop up Rs 246 crore")
Committee likely to go into sector-specific NPAs of PSBs
Govt looking at steel, aluminium and textile sectors, says Duggal
 "Committee likely to go into sector-specific NPAs of PSBs")
Indian banks' loans rise 9.7% y-o-y in two weeks to Nov 13: RBI
Non-food credit rose Rs 27,730 crore to Rs 67,29,000 crore
 "Indian banks' loans rise 9.7% y-o-y in two weeks to Nov 13: RBI")
Axis Bank records 5-fold increase in digital transactions in H1FY16
Conducts Rs 22,000 cr worth of transactions in the period
 "Axis Bank records 5-fold increase in digital transactions in H1FY16")
HSBC says to shut down India private banking business
Even though India's economy has been minting millionaires at a strong pace, it has failed to translate into profits for foreign wealth managers
 "HSBC says to shut down India private banking business")
FinMin to set up high-level panel to tackle NPAs
Gross NPAs of PSBs rose to 6.03% at the end of June 2015, as against 5.20% in March 2015
 "FinMin to set up high-level panel to tackle NPAs")