Page 1057 - Finance News
All bonds lead to London
The bourse there has become the preferred location for Indian entities, government and private, to raise new forms of debt finance
 "All bonds lead to London")
Bank credit growth still lingers in H1 as debt market soars
Annual growth of just 8.4% at Rs Rs 62.02 lakh cr, down 20 bps, even as debt issuances rise 18.6%
 "Bank credit growth still lingers in H1 as debt market soars")
Bank credit growth still lingers in H1 as debt market soars
Debt market growth was, however, robust with debt issuances increasing 18.6 per cent
 "Bank credit growth still lingers in H1 as debt market soars")
Jaitley to meet heads of PSU banks on November 23
The meeting is expected to review credit offtake by sectors such as home, education and corporates as well as the progress made under the Jan Dhan Yojana
 "Jaitley to meet heads of PSU banks on November 23")
CARE downgrades Catholic Syrian bank's tier II bonds on weak asset quality, net loss
Bank has reported operating profit during FY15 & H1FY16, higher provisions towards non-performing assets resulted in after tax losses
 "CARE downgrades Catholic Syrian bank's tier II bonds on weak asset quality, net loss")
NSDL draws up blueprint to launch payments bank in a year
The Reserve Bank of India had earlier this year in august granted 'in-principle' approval to 11 entities, including NSDL
 "NSDL draws up blueprint to launch payments bank in a year")
Fairfax deal fairly priced: ICICI Bank
Deployment decision on Rs 1,550-crore pre-tax profit in ICICI Lombard deal later; retail side could benefit
 "Fairfax deal fairly priced: ICICI Bank")
Indiabulls buys 40 pct stake in UK's OakNorth Bank
Indiabulls bought the stake through Indiabulls Housing Finance, India's second-largest private housing finance company
 "Indiabulls buys 40 pct stake in UK's OakNorth Bank")
Private banks to gain with easing of FDI
As the process of capital raising will become simpler, lenders actively looking to do so will gain
 "Private banks to gain with easing of FDI")
Emirates bank, SBI join hands for easier remittances
Tie-up with SBI will help strengthen Emirates NBD's DirectRemit platform
 "Emirates bank, SBI join hands for easier remittances")
Fungibility for FDI, FII stake in private banks to help spur capital flows
This is positive for Axis Bank, Yes Bank and Kotak Mahindra Bank
 "Fungibility for FDI, FII stake in private banks to help spur capital flows")
 "Life insurance industry sees 14.5% growth in April-September")
Private sector lender Federal Bank looks to grow its corporate book
Corporate loan advances had shrunk by approximately Rs 4,000 crore
 "Private sector lender Federal Bank looks to grow its corporate book")
Raghuram Rajan appointed vice-chairman of BIS
Hopes rise for better representation of emerging markets in international bodies
 "Raghuram Rajan appointed vice-chairman of BIS")
Rajan calls for greater scrutiny on competitive monetary policies
Says existing stimulus measures are not sustainable, reversible, and do not contribute really significantly
 "Rajan calls for greater scrutiny on competitive monetary policies")
Bank credit grows at 8.9%
This rate of growth is the lowest that has been registered in this financial year
 "Bank credit grows at 8.9%")
Raghuram Rajan warns of global threat from easy money
In Frankfurt, the RBI Governor said that low borrowing costs and money printing were a threat to financial stability and would lose effectiveness over time
Raghuram Rajan appointed vice chairman of BIS Board
BIS fosters global cooperation among central banks to esnure global monetary and financial stability; includes US, UK and Japan central bank chiefs
 "Raghuram Rajan appointed vice chairman of BIS Board")