Page 1127 - Finance News
Banks shouldn't decide rates, markets should: Raghuram Rajan
Interview with Governor, RBI
 "Banks shouldn't decide rates, markets should: Raghuram Rajan")
 "Pragmatic approach needed: Manas Datta")
 "BS Jury on RBI's 1st bi-monthly monetary policy, 2015-16")
A missed opportunity, says India Inc on RBI's status quo on rates
Centre and RBI not on same page on boosting economic growth, say CEOs
 "A missed opportunity, says India Inc on RBI's status quo on rates")
We're banking on loan growth to make up for hit on income: Arundhati Bhattacharya
Interview with chairman, State Bank of India
 "We're banking on loan growth to make up for hit on income: Arundhati Bhattacharya")
 "RBI eases norms for infra debt funds to refinance project loans")
RBI raises borrowing limit of MFI clients
With this relaxation - one of the long-standing demands of MFIs - an individual borrower can now take loans up to Rs 1 lakh from two MFIs at the most
 "RBI raises borrowing limit of MFI clients")
Bond Street sees one cut, then status quo
Yield on 10-year benchmark rose 7 bps, indicating expectations of sizeable rate cuts have significantly come down
 "Bond Street sees one cut, then status quo")
 "Potential gainers")
RBI to bank boards: Nayak panel's 7 themes to set agenda
Will replace the 'calender of reviews'; guidelines also to private banks for policy on remuneration to non-EDs, discussion with govt proposed for PSB parity here
 "RBI to bank boards: Nayak panel's 7 themes to set agenda")
RBI allows companies to issue rupee bonds abroad
Addresses depth issue, while helping contain foreign currency-denominated external obligation and reduce risk from unhedged forex exposure
RBI, banks differ on calculation
Bankers call repo rate a blunt tool, cite practical difficulties in moving towards marginal cost of funds-based method
 "RBI, banks differ on calculation")
Rajan holds rate; banks bow to RBI pressure
ICICI Bank cuts base rate by 25 basis points; SBI, HDFC bank announce rate cuts of 15 bps; FY16 growth seen at 7.8%; Mar 2016 inflation at 5.8%
 "Rajan holds rate; banks bow to RBI pressure")
Irdai hikes loss amount for surveyor & assessor services
The cooling off period after suspension/ cancellation has been reduced from three years to one year
 "Irdai hikes loss amount for surveyor & assessor services")
Interest rates likely to decline by another 50 bps: Nimesh Shah
Says the Indian rupee may continue to hold steady
 "Interest rates likely to decline by another 50 bps: Nimesh Shah")
Central bank pauses for transmission of rate cuts: Y M Deosthalee
Says reducing base rates would lead to re-pricing of a substantial quantum of the bank book, thereby eroding margins
 "Central bank pauses for transmission of rate cuts: Y M Deosthalee")
 "Quicker transmission of rate cuts: Sam Ghosh")
 "Transmission concerns overdone: Indranil Sen Gupta")