Page 1111 - Finance News
RBI's bond auction devolves partially
The 8.24% 2033 paper saw partial devolvement and the cut-off yield came at 8.149%
 "RBI's bond auction devolves partially")
More banks cut lending, deposit rates
Central Bank, Syndicate cut base rates; Bank of Baroda, Oriental Bank of Commerce reduce deposit rates
 "More banks cut lending, deposit rates")
Kotak Mahindra Bank, ING Bank sign MoU for cross-border biz
The MoU will leverage the strengths of both institutions and will be mutually beneficial, says KVS Manian
 "Kotak Mahindra Bank, ING Bank sign MoU for cross-border biz")
Govt to tighten screws on banks' "window dressing" of accounts
Looks to overhaul annual targets for public sector lenders
 "Govt to tighten screws on banks' \"window dressing\" of accounts")
Government bond yields cross 8%, up 36 bps since February
Bond yields crossed the eight per cent mark for the first time since December 2, 2014, and have hardened 36 bps since February
 "Government bond yields cross 8%, up 36 bps since February")
 "PSB targets: Annual business target framework might loosen")
FM to banks: Explain rate cut reluctance
Jaitley to meet bank chiefs next Friday; move follows lukewarm response to RBI's 75-bp rate cut since January
 "FM to banks: Explain rate cut reluctance")
Govt may bring ordinance to amend Negotiable Instruments Act
Seeks to check piling up of cheque bounce cases in courts, wants place of presentation to be recgnised as jurisdiction
 "Govt may bring ordinance to amend Negotiable Instruments Act")
SKS reduces interest rate on micro loans
Interest rate cut in consistent with company's policy of passing on cost savings to borrowers
 "SKS reduces interest rate on micro loans")
Workmen strike cripples SBI associate banks
The strike by clerical staff was to protest against the proposed merger of the five associates of SBI
 "Workmen strike cripples SBI associate banks")
Employees of SBI's associate banks on one-day strike
Protest their merger with SBI permanently
 "Employees of SBI's associate banks on one-day strike")
ICICI Bank aims to grow loan book 3-4% ahead of system growth
Says will continue to be selective while lending to the corporate and SME sector
 "ICICI Bank aims to grow loan book 3-4% ahead of system growth")
Rate cut effect: Bond yields inch higher; rupee ends weak
More banks may cut deposit rates
 "Rate cut effect: Bond yields inch higher; rupee ends weak")
SBI reshuffles top brass
Anshula Kant to be CFO, P K Gupta to head SBI Caps
 "SBI reshuffles top brass")
After RBI's rate cut, banks cut deposit rates
Bond yields inch higher, rupee ends weak
 "After RBI's rate cut, banks cut deposit rates")
Monsoon clouds future rate cuts
Here's why RBI decided to cut the repo rate by 25 basis points on Tuesday
 "Monsoon clouds future rate cuts")
PNB cuts fixed deposit rates by 25 bps on select maturities
Decision comes a day after RBI cut repo rate by 25 bps
 "PNB cuts fixed deposit rates by 25 bps on select maturities")
Cloud over further cuts hurts interest rate-sensitive stocks
Rate-sensitive stocks came under heavy selling pressure on Tuesday as Reserve Bank of India cuts repo rate
 "Cloud over further cuts hurts interest rate-sensitive stocks")
RBI disappoints D-Street: What next?
Markets taking cue on future rate cuts from RBI policy, which suggests the central bank will wait for data on monsoon and inflation
 "RBI disappoints D-Street: What next?")
Don't expect any more rate cuts in 2015
RBI to keep an eye on monsoon, oil prices and US Fed moves
 "Don't expect any more rate cuts in 2015")