Page 1092 - Finance News
 "Missed opportunity")
Banks may face RBI action if they mis-report NPA numbers
In certain cases, it's been noted that, loans that had already become NPAs were still treated as standard assets
 "Banks may face RBI action if they mis-report NPA numbers")
Credit growth expected to pick up by Sept-Oct: RBI
Bankers say it has remained under pressure due to slowdown in the corporate segment
 "Credit growth expected to pick up by Sept-Oct: RBI")
 "FinMin pins hopes on September for rate cut")
Resolving power discom woes a priority to cut NPA risk for banks
In June, apex bank had warned that Rs 53,000 cr of discom loans recast by PSBs carried a higher risk of becoming NPAs
 "Resolving power discom woes a priority to cut NPA risk for banks")
India Inc has increased hedging of FX loans: RBI
Weighted average maturity for first quarter of this fiscal is 7.5 years
 "India Inc has increased hedging of FX loans: RBI")
Sajjid Chinoy: The writing on the wall
What markets have to begin to accept is that there is no space for a large easing cycle
 "Sajjid Chinoy: The writing on the wall")
Rate cut by September; buy rate sensitive stocks: analysts
Analysts expect the RBI to slash rates by September and suggest buying rate sensitive stocks at the current levels
 "Rate cut by September; buy rate sensitive stocks: analysts")
An opportunity lost
Food and oil prices under control, but RBI says no rate cut
Oriental Bank cuts deposit rates by 0.25% in select maturities
The bank has reduced deposit rates by 0.25%, to 7%, for maturities between 91-179 days
 "Oriental Bank cuts deposit rates by 0.25% in select maturities")
No room for cut in lending rates in near-term: Bankers
I expect to see easing of rates over a period of time as further transmission of accommodative monetary policy takes place, said Chanda Kochhar
 "No room for cut in lending rates in near-term: Bankers")
RBI policy leaves realtors desolate; want rate cut to boost sector
Realtors said that a rate cut would help boost housing demand by reducing cost of funds to homebuyers and developers
 "RBI policy leaves realtors desolate; want rate cut to boost sector")
Fake currency with Rs 136.43 crore face value seized in three years
To stay ahead of counterfeiters, the government recently introduced revised numbering pattern in all denominations
 "Fake currency with Rs 136.43 crore face value seized in three years")
RBI leaves repo rate unchanged at 7.25%
Central bank also leaves CRR unchanged at 4%
 "RBI leaves repo rate unchanged at 7.25%")
Rate sensitive shares recover; RBI keeps key rates unchanged
BSE Bankex was up 0.3% while Bank Nifty was trading with marginal gains
 "Rate sensitive shares recover; RBI keeps key rates unchanged")
RBI may cut interest rates before next policy review: Rajan
Says it is waiting for WPI, CPI inflation data for August and IIP numbers for July to firm up its view on interest rates
 "RBI may cut interest rates before next policy review: Rajan")
India Inc says RBI stance expected, wants govt to expedite infra investment
Say minor change in interest rates will not change investment climate
RBI's dovish tone shows some risks mitigating: experts
Say tone shows there is a possibility of a rate cut later this year
RBI has de facto independence: Top 5 quotes of Raghuram Rajan on monetary policy committee
Seeking to put the controversy at rest, Governor Rajan said that there are no differences between the RBI and the government
 "RBI has de facto independence: Top 5 quotes of Raghuram Rajan on monetary policy committee")
Rajan favours removing RBI Governor veto power on deciding rates
Says a committee can represent different view points and study shows that its decisions are typically better than an individual