Page 1135 - Finance News
Reserve Bank for rein on public debt rise
The huge supply of government paper... is one of the major impediments to the growth of corporate bond market: R Gandhi
 "Reserve Bank for rein on public debt rise")
Indian Bank gets approval to issue preferential shares
The bank secured shareholders' approval at an extraordinary general meeting here on Monday
 "Indian Bank gets approval to issue preferential shares")
SBI to focus more on auto loans
Says the auto sector is expected to report a healthy growth this year
 "SBI to focus more on auto loans")
Sebi gives lenders new ammunition to tackle bad loans
Capital markets regulator also finalising framework to restrict wilful defaulters
 "Sebi gives lenders new ammunition to tackle bad loans")
Commercial tax dues mount to Rs 2,333 crore in Bhubaneswar
The piled up dues include Rs 1,131.19 crore of value added tax
 "Commercial tax dues mount to Rs 2,333 crore in Bhubaneswar")
High govt borrowing impediment for debt market growth: RBI
However, govt's fiscal consolidation plan was hailed as a step in right direction, which will aid in deepening of corporate debt market
 "High govt borrowing impediment for debt market growth: RBI")
Higher govt borrowings hurting corporate debt market: RBI
However, govt's fiscal consolidation plan hailed as a step in right direction which will aid deepening of corporate debt market
 "Higher govt borrowings hurting corporate debt market: RBI")
EU investment bank seeks RBI nod to fund projects in Rupee
Financial arm of 28-member union has already decided to expand its operations in India
 "EU investment bank seeks RBI nod to fund projects in Rupee")
Short-term rates remain stable due to RBI's liquidity infusion
Hover below 10% due to RBI's steps for liquidity infusion
Sebi relaxes debt-equity conversion norms for banks
This is because banks are facing a serious problem of non performing loans
 "Sebi relaxes debt-equity conversion norms for banks")
Expect PSU banks to cut interest rates: Jaitley
We do not put pressure on them but hope that our expectations come true, says Jaitley
 "Expect PSU banks to cut interest rates: Jaitley")
Stakeholders' meet to discuss setting up Mudra Bank on Mar 25
Micro Units Development and Refinance Agency Bank was proposed in Budget by Finance Minister Arun Jaitley
Frauds worth Rs 11,022 cr detected in govt banks in Apr-Dec
Fraud cases, involving amount of Rs 1 lakh and above, in 26 state-owned banks during April-Dec 2014
 "Frauds worth Rs 11,022 cr detected in govt banks in Apr-Dec")
UCO Bank chief calls for data mining to manage NPAs
The plausible reasons for rising NPA levels could be attributed to slowdown in the economy or deficiency in due diligence
 "UCO Bank chief calls for data mining to manage NPAs")
Bankers resort to 'Gandhigiri' to recover dues from wilful defaulters
United Bank of India and Andhra Bank employees start organising silent protests outside houses and work places of defaulters
 "Bankers resort to 'Gandhigiri' to recover dues from wilful defaulters")
SBI to lower stake in BNP venture
The move comes after Parliament voted to increase the amount foreign investors can own in the nation's insurers to 49 per cent from 26 per cent
 "SBI to lower stake in BNP venture")
 "Govt needs to examine debt management issues: Mundra")
RBI expects banks to pass on rate cut benefits to customers
Reserve Bank has lowered interest rates by 0.50% since January 2015, but banks are yet to pass on the benefits to borrowers, says Deputy Governor
RBI board to seek clarity from govt on Finance Bill
Board to meet tomorrow, will take up central bank's role as debt market regulator