Page 1107 - Finance News
 "Subramanian, Virmani make case for rate cuts")
Bandhan gets final RBI nod, to start bank on August 23
To begin with, 40% of branches to be in unbanked areas, says Ghosh
 "Bandhan gets final RBI nod, to start bank on August 23")
PTC raises $60 mn from two global bodies
PTC will use the funds to boost long-term financing for renewable energy, particularly in wind and solar projects in India
 "PTC raises $60 mn from two global bodies")
SBI eyes 12% credit growth on mining turnaround
Mining is the backbone of Odisha's economy and there is much reliance on mining and metallurgy
 "SBI eyes 12% credit growth on mining turnaround")
7 things to know about Bandhan
The company is set to be India's first microlender to become a bank
 "7 things to know about Bandhan")
HDFC Bank cuts lending rate by 0.15%
Prior to the cut, the base rate of the country's second largest private sector lender was 9.85%
 "HDFC Bank cuts lending rate by 0.15%")
State Bank of Bikaner & Jaipur cuts base rate by 15 bps to 9.95%
Cut will bring down cost of all loans linked with the base rate
 "State Bank of Bikaner & Jaipur cuts base rate by 15 bps to 9.95%")
HDFC Bank cuts base rate to 9.7%, matches SBI
This is second base rate cut by the bank; cut base rate by 15 basis points to 9.85% in April also
 "HDFC Bank cuts base rate to 9.7%, matches SBI")
Rupee near 21-month low ahead of US Fed meet
Seen heading towards 65 a $ as Fed may give hawkish signal
 "Rupee near 21-month low ahead of US Fed meet")
Vodafone raises Rs 7,500 crore in first rupee-bond sale
Vodafone invested $1.5 billion in India during the year through March 31, according to commerce ministry data
 "Vodafone raises Rs 7,500 crore in first rupee-bond sale")
Why private sector bankers gave top jobs in PSBs a miss
One of the reasons why private bankers don't head a public sector bank is the lack of autonomy, according to banking industry experts
 "Why private sector bankers gave top jobs in PSBs a miss")
Call money rates fall to over two-week low
Weighted Average Rate call money rate stood at 6.96% today
 "Call money rates fall to over two-week low")
IDFC bank branches to be mix of metros, backward areas
The infra lender is aiming to start with around 25 branches
 "IDFC bank branches to be mix of metros, backward areas")
FIPB again defers Kotak Bank proposal for raising foreign investment limit
Irdai comments awaited on implications for insurance ventures
 "FIPB again defers Kotak Bank proposal for raising foreign investment limit")
Capital infusion in state-run banks would be need-based
Govt asks banks to present their requirement for FY16
 "Capital infusion in state-run banks would be need-based")
Banks' export credit dips on high interest rates
Among all sectors, export credit saw the sharpest decline in deployment of gross bank credit as of April this year
 "Banks' export credit dips on high interest rates")
IndusInd Bank to focus on real estate business
In the investor presentation, IndusInd Bank laid out real estate as a key business
 "IndusInd Bank to focus on real estate business")
India's banking norms more 'rigorous' than Basel framework: Panel
After a detailed assessment that took into account 14 components, the Basel Committee on Banking Supervision said India complies with Basel standards
 "India's banking norms more 'rigorous' than Basel framework: Panel")
 "SBI Q1 advance tax outgo rises 4% to Rs 1,290 cr")
RBI's new debt recast rules credit positive for SBI, IDBI: Moody's
Says central bank's move will help banks resolve bad loans
 "RBI's new debt recast rules credit positive for SBI, IDBI: Moody's")