Page 1177 - Finance News

Rural operations to turn profitable in 5 year for public sector banks: CRISIL

Says in the longer term, the Jan Dhan Yojna will augment business per branch

Lenders delay infrastructure bonds issue in hope of rate cut

Rate cut by Rajan to provide 'good fillip': Jaitley

Jaitley said on Monday that if the Reserve Bank of India (RBI) brought these down in its policy review scheduled for December 2, it would provide a "good fillip" to the economy

SBI expands list of equity for investments beyond Nifty

SBI's total investments were pegged at Rs 485,734 cr at end-September. This is predominantly of government and corporate bonds, with a very small share of equity investments

Exchanges eye banking presence

However most experts believe that it was unlikely that exchanges would be awarded licenses

Gujarat IAS Hasmukh Adhia nominated RBI director

The 1981-batch IAS officer, who hails from Rajkot, replaces Gurdial Singh Sandhu

Axis Bank to raise $ 500 mn via bonds

This is the bank's first dollar bond issue in almost three years

RBI to release Payments Banks guidelines by Nov-end

The proposed Small Banks will provide a whole suite of basic banking products such as deposits and supply of credi

Banks cut lending on gold as prices fall

Don't make fortune out of poor: Rajan to micro lenders

Comments come in sharp contrast to management guru late CK Prahalad's views in his book 'The Fortune at the Bottom of the Pyramid'

Bank deposits grow at 12% to Rs 81 lakh cr in Q2 FY15

Public sector banks together accounted for 74% share in aggregate deposits and 71.7% share in gross bank credit,

FinMin review meeting with chiefs of PSU banks, FIs on Nov 20

Arun Jaitley may attend the meeting, if not Department of Financial Services Secretary Hasmukh Adhia will head the review meeting

Yen tumbles to 7-year low on election stimulus speculation

Accretion of doubtful assets to push credit costs

New depository scheme from December 15

Any domestic company, both listed and unlisted, and any issuer of permissible securities would be allowed to raise money through depositories

FIPB clears HDFC Bank's proposal to hike foreign holding to 74%

FIPB clears current foreign investment structure; bank has to pay penalty

Andhra Bank's schemes for children, teenagers

The scheme will create awareness among children about savings

Banking Secy Adhia to meet govt bank CMDs on Nov 20

To take stock of Jan Dhan scheme, review performance

SBI to improve ATM services

To appoint single vendor for maintenance

Axis Bank's Rs 6,000 cr infra bond issue likely to be placed next week

Sources say the tenure of the Axis Bank bonds will be 10 years and the likely coupon rate would be 8.85 per cent