Page 1128 - Finance News
Rates to be data-dependent: V R Iyer
Says inflation is expected at 5.8 per cent by the end of 2015
 "Rates to be data-dependent: V R Iyer")
Deposit rates, EMIs to come down
SBI, HDFC Bank and ICICI Bank cut base rate applicable from April 10; others may follow suit
 "Deposit rates, EMIs to come down")
RBI puts onus on banks
Policy transmission through fiat may be regressive
RBI: Downward revision to FY16 GDP estimates likely
Despite Reserve Bank of India's cautious view on inflation, market builds in 75 bps of rate cut
 "RBI: Downward revision to FY16 GDP estimates likely")
HDFC Bank to cut base lending rate by 15 bps
New rate at 9.85%; move follows similar rate cut by SBI
 "HDFC Bank to cut base lending rate by 15 bps")
10 things to expect from bankers this financial year
Some crystal ball gazing suggests these few developments are in the offing
 "10 things to expect from bankers this financial year")
SBI, HDFC Bank reduce lending rate by 15 bps to 9.85%
SBI is the first major bank to cut its base lending rate this year
 "SBI, HDFC Bank reduce lending rate by 15 bps to 9.85%")
PM to launch MUDRA Bank tomorrow
In his Budget, FM Arun Jaitley had proposed the Micro Units Development Refinance Agency with a corpus of Rs 20,000 cr and credit guarantee corpus of Rs 3,000 cr
 "PM to launch MUDRA Bank tomorrow")
New PSL guidelines to be out by April-end: Rajan
Currently, banks have to lend 40% of all loans tp certain marginal sections of society, failing which they to deposit the shortfall in the low-yielding Rural Infrastructure Finance Fund
 "New PSL guidelines to be out by April-end: Rajan")
Rajan says cash reserve ratio won't impact lending rates
Says even a 100 bps cut in CRR would 'barely' lead to 7-8 bps cut in lending rates
 "Rajan says cash reserve ratio won't impact lending rates")
Prime Minister Narendra Modi to launch MUDRA bank on April 8
MUDRA, to be set up through a statutory enactment, would be responsible for developing and refinancing through a Pradhan Mantri MUDRA Yojana
US Fed will not be key to determining interest rates: Rajan
Reserve Bank kept interest rates on hold at 7.50% on Tuesday
RBI governor puts onus on banks to transmit policy rates
Rajan refutes claims that cost of funding hasn't fallen
 "RBI governor puts onus on banks to transmit policy rates")
Expect 25-50 bps rate cut during the year: experts
But say further rate cuts will be dependent on banks revising lending rates
 "Expect 25-50 bps rate cut during the year: experts")
BS Quiz: Test your grey cells on RBI's monetary policy
Things you need to know about the Reserve Bank of India's monetary policy actions
Untangling debt market's doors
RBI executive director on need for caution in allowing foreign investors more room; it's not a clean slate
 "Untangling debt market's doors")
Recovery in profitability to elude Indian banks in FY16: CRISIL
Continued pressure on interest margins and provisioning costs are the reasons
 "Recovery in profitability to elude Indian banks in FY16: CRISIL")
RBI tightens rules for export credit to repay rupee loans
RBI has permitted exporters to receive long-term export advance to execute long-term supply contracts for export of goods
 "RBI tightens rules for export credit to repay rupee loans")
More corporates seen tapping bond markets ahead of RBI action
Regulator set to tighten norms for banks' large exposures
 "More corporates seen tapping bond markets ahead of RBI action")
 "Speculation rife over Rajan succeeding IMF chief Lagarde")