Page 1093 - Finance News

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

RBI's decision to hold rates is disappointing: India Inc

CII is of the view that the policy of frontloading the interest rate cuts should have been allowed to continue, said Chandrajit Banerjee

RBI expected to stand pat, but strike dovish tone

Analysts feel central bank to wait for inflationary pressures to subside, US Fed action

Private sector banks see an uptick in bad loans in Q1

Other income, healthy NIMs get thumbs up from analysts

FII flows in debt may not pick up amid US Fed concerns

In July, the yield on the 10-year benchmark bond had dropped a meagre five basis points to 7.81% as of July 31

Andhra Bank can do without capital infusion by govt

Govt doesn't intend to curb RBI's powers: Rajiv Mehrishi

Finance Secretary says govt is in discussion with RBI Governor on the form and manner of the monetary policy committee

RBI likely to cut rate by 0.25% tomorrow: Moody's

Inflation is likely to remain subdued on the back of average rainfall and lower commodity prices, said the report

Leading NBFCs are bigger than many PSBs

Likely to account for 17.1% of total credit by 2018-19, against 13.1% at the end of 2014-15

Clipping RBI chief's veto not an FSLRC proposal: Member

Finance Minister Arun Jaitley had said the revised IFC draft was according to FSLRC report

RBI faces a tough choice on rate front on Tuesday

Bankers believe rate cut chances are slim but India Inc is pitching for it

Bankers see higher PPF rate limiting more deposit rate cuts

All the major banks have effected deposit rate cuts in the past 8-10 months and in some cases, there have been multiple instances of cuts

Non-food credit growth slows to 7.7% in June

Credit to agriculture and allied activities increased by 10.6%

RBI's communication strategy under a cloud

Most media houses went by the revised release as anyway they were not present at the function and did not know what Rajan had actually said

PSBs to get Rs 70,000 cr from govt in 4 years

Only a fifth of the Rs 25 k-cr infusion in FY16 will be based on banks' performance

Govt plans to close down Mahila Bank

Finance ministry to approach Cabinet in a month with such a proposal

Retail loans lead to bank credit growth

All banks which have have reported their April-June quarter numbers so far have said the growth in advances has been mainly coming in from the retail book

Cholamandalam Investment Q1 profit up 18%

Profit rises to Rs 110.25 crore; net income margin up 25 %

Capital infusion of Rs 25,000 cr a good beginning: Rajan

Finance Minister Arun Jaitley today sought nod for another Rs 12,010 cr for recapitalisation of PSBs

Tyagi attended RBI's board meet but may not have taken oath

All central bank board members have to take oath of secrecy and sign a scroll