Page 1160 - Finance News

Allahabad Bank raises Rs 500 cr via bonds

Bank's scrips closed 1.77% lower at Rs 127.75 per share on the BSE today

Households' inflation expectations ease: RBI survey

RBI rate cut: Loan, deposit rates set to fall

Margin worries might prompt lenders to first lower the latter but all agree both cuts likely soon

In early morning surprise, Raghuram Rajan serves up 25 bps repo rate cut to 7.75%

RBI cuts repo rate by 25 bps after 20 months; bankers see more reductions this year, signal follow-up action

RBI allows banks to sell multiple insurance products as brokers

Final guidelines issued after two years of discussion

RBI asks bank auditors to have a stringent monitoring process

YES Bank plans to seek regulator nod for entering mutual fund business

Bank plans to set up AMC to channelise savings of retail investors in equity and debt capital markets

Union Bank cuts lending, deposit rates by up to 0.50%

It slashed its base rate or the minimum lending rate by 0.25% to 10%

Federal Bank Q3 net up 15% at Rs 265 crore

Total income has increased to Rs 2,090.01 crore for the quarter ended December 31, 2013

Too little too late, automobile cos say on RBI rate cut

Industry says it was looking at a 50 bps rate cut, but still hopes lending rates will soften

Beginning of rate easing cycle: SBI

But the bank refused to comment on when it will cut its base rate

Corporate India cheers RBI's repo rate cut, says step in right direction

Key executives across sectors have welcomed the RBI's 25 basis point cut in repo rate, but want more and soon

Expect 50 bps rate cut in the next few quarters: experts

But are divided over if banks will pass on the benefits to consumers

Loans to get cheaper as banks set to pare lending rates

United Bank cuts base rate by 25 basis points, others to follow

United Bank of India cuts base rate by 25 bps

First bank to trim base rate post RBI's repo rate cut this morning

Export credit might get priority sector lending tag

Lenders have to devote 40% of their overall credit to help prop up sectors like agriculture and small scale sector

IndusInd Bank Q3 profit up over 29% meets street estimate

Provisioning for bad loans also decreased to Rs 98 cr as compared to Rs 126 cr in the same period last fiscal

Lakshmi Vilas Bank profit up by 338.68 % in December quarter

Bank reported 11.82 % jump in credit disbursement

Mixed expectation from analysts on rate cut

With inflation being tamed to a large extent, the governor is now under pressure to shift his focus to pushing growth

RBI against broad-basing CRR to include forex, gold

Apex bank says the move will entail additional burden on lenders as gold and forex valuations keep changing