Page 1124 - Finance News
LIC gains sway in Axis, buys 0.18% at Rs 243 cr
LIC's total shareholding is now 12.04%
 "LIC gains sway in Axis, buys 0.18% at Rs 243 cr")
Criteria for assessing PSB recapitalisation candidates may change
Arun Jaitley has budgeted bank recapitalisation of Rs 7,940 crore for 2015-16
 "Criteria for assessing PSB recapitalisation candidates may change")
Hopes of normal monsoon set to provide comfort to bond street
Yield on 10-year benchmark paper seen falling by a few basis points from current level
 "Hopes of normal monsoon set to provide comfort to bond street")
 "YES Bank launches RuPay debit card")
 "Rajan says monetary policy 'rules of the game' need review")
IndusInd Bank to beef up infra lending
To form project finance unit, will focus on renewable energy, port, roads
 "IndusInd Bank to beef up infra lending")
Interest rate decline spells margin pressure for home loan sector
ICRA predicts interest rate risk; market reaches Rs 10-lakh crore, needs Rs 28,000 crore capital in five years
 "Interest rate decline spells margin pressure for home loan sector")
Revised interest subsidy scheme for crop loans in FY16 on cards
Norms for FY15 to continue in interim
 "Revised interest subsidy scheme for crop loans in FY16 on cards")
Interoperable cash deposit machines may soon be reality: RBI
Bank customers may soon be able to deposit cash in their accounts from any bank's cash deposit machines
 "Interoperable cash deposit machines may soon be reality: RBI")
IndusInd Bank Q4 net up 25% at Rs 495 cr; asset quality improves
The MD & CEO said that the growth was on account of core fee income rising by 29% and rise in net interest income by 18% y-o-y
 "IndusInd Bank Q4 net up 25% at Rs 495 cr; asset quality improves")
RBI allows banks to offer differential interest rates on term deposits
The central bank had proposed early withdrawal feature for term deposits earlier this month
 "RBI allows banks to offer differential interest rates on term deposits")
Monetary policy panel contours still 4-6 months away
RBI Act amendments for MPC not likely even in monsoon session
 "Monetary policy panel contours still 4-6 months away")
Monetary Policy panel contours likely 4-6 months away
RBI Act Amendments for MPC not likely even in monsoon session
Soon, deposit cash in your a/c from any bank's machine
RBI deputy governor says the central bank is working on making interoperable cash deposit machines a reality
IndusInd Bank Q4 profit rises 25% to Rs 495 crore
The lender had earned Rs 396.05 crore in the fourth quarter ended March 31, 2014
Cap on ATM withdrawals is policy decision, RBI tells HC
Court was hearing a PIL seeking directions to allow banking customers to make unlimited number of transactions free of any charge on their own bank ATMs
 "Cap on ATM withdrawals is policy decision, RBI tells HC")
Banks' Q4 preview: Treasury gains only silver lining
Debt recast seen at historic high and loan demand remains sluggish; net interest margins could improve
 "Banks' Q4 preview: Treasury gains only silver lining")
Banks at it again, disburse a third of FY15 loan in last 15 days
Loan growth shoots up to 12.6% from 9.5% in the span of a fortnight
 "Banks at it again, disburse a third of FY15 loan in last 15 days")
Karvy Financial to double loan portfolio to Rs 200 cr in Pune
At present, KFSL offers small-ticket loans against gold and property, and finances purchase of commercial vehicles
 "Karvy Financial to double loan portfolio to Rs 200 cr in Pune")
When it comes to home loans NBFCs fare better than banks
While leading banks and housing finance companies offer the same rates, the latter are allowed to include registration, stamp duty