Page 1185 - Finance News
RBI Central Board discusses banking issues
The Board reviewed the functioning of RBI as well as the current economic situation and global and domestic challenges
 "RBI Central Board discusses banking issues")
PSU banks eye sale of family silver to raise cash
Bad loans and lacklustre profits might drive the lenders to begin the sale of billions of dollars of unwanted assets to raise cash
 "PSU banks eye sale of family silver to raise cash")
RBI in talks with govt over a Financial Resolution Authority
Describes relationship with Centre as cordial, sees economic growth picking up
 "RBI in talks with govt over a Financial Resolution Authority")
DCB Bank raises Rs 250 crore via QIP
The capital raised by the lender will be used to fuel its future growth plans
 "DCB Bank raises Rs 250 crore via QIP")
Raghuram Rajan says broad consensus on RBI restructuring
The central bank will also allow more participation in the currency futures market, he said
 "Raghuram Rajan says broad consensus on RBI restructuring")
 "Currency crisis medicine earns Raghuram Rajan Euromoney award")
Citigroup pulls out of consumer banking in 11 countries, profit jumps
Japan and Egypt among regions where the bank is exiting consumer banking
 "RBI to invite applications for bank licences, says Sandhu")
Irda sets up working group on harmonising insurance rules with new Companies Act
R K Nair, member-finance and investment at Irda will be the chairman of the group
 "Irda sets up working group on harmonising insurance rules with new Companies Act")
Guidelines to set up small finance banks soon: Rajan
RBI governor says such banks will cater to small customers across the country
No shortage of funds for bankable projects, says SBM chief
SIDBI provides long term finance to MSMEs to meet their requirements on very nominal terms
As inflation rates slide, hopes for RBI rate cuts brighten
RBI's inflation target likely to be met much before January 2016 deadline
 "Bank credit grew 11% in past year")
Thomas Cook mulls entry into payment bank route
Thomas Cook has been in India since 1881 and has a national network of own offices, travel stores and franchisees to sell its travel products and foreign exchange
 "Thomas Cook mulls entry into payment bank route")
 "State of govt finances to weigh on bond yield trajectory")
Share & Asmitha submit business reorganiation plan to bankers
The plan includes demerge of the AP portfolio
 "Economic recovery in India still uneven: Raghuram Rajan")