Page 1186 - Finance News
Banks begin to ease bulk deposit rates
Lower CPI may allow banks to cut retail rates
 "Banks begin to ease bulk deposit rates")
RBI asks banks to comply with address proof norms
In June 2014, RBI had said that customers will need to submit only one documentary proof of address
 "RBI asks banks to comply with address proof norms")
French bank, Twitter team up for money transfers via tweets
Groupe BPCE is France's second largest bank by customers
Bulk deposit rates ease as liquidity turns comfortable
Lower CPI may allow banks to cut retail rates
 "Bulk deposit rates ease as liquidity turns comfortable")
 "RBI governor calm on impact of US rate rise")
Final norms for payment banks next month: RBI Deputy Guv
These norms would make micro-lenders, telecom players, NBFCs and PSUs eligible to apply for licences
 "Final norms for payment banks next month: RBI Deputy Guv")
RBI should lay down criteria for cos handling ATM cash: IBA
Says banks must enforce minimum eligibility standards as part of their Request for Proposal (RFP) process
 "RBI should lay down criteria for cos handling ATM cash: IBA")
Banks to assess recast of loans in J&K
The Indian Bank's Association will assist banks in this regard
 "Banks to assess recast of loans in J&K")
RBI rules on payment banks in a month, says S S Mundra
RBI had come out with draft guidelines on the differentiated banks in July this year and had asked for comments on the same by August 28
 "RBI rules on payment banks in a month, says S S Mundra")
 "Raghuram Rajan sees 'wider foreign role' in govt bonds")
Mid, small size house price rise moderated more: RBI
Pace of growth slowed in 2013-14 at 12.7%, plausibly reflecting correction in trends due to subdued demand
 "Mid, small size house price rise moderated more: RBI")
Cap of 3 free ATM transactions only for metros, says RBI
Six metros include Mumbai, New Delhi, Chennai, Kolkata, Bangalore and Hyderabad
 "Cap of 3 free ATM transactions only for metros, says RBI")
Sharp rise in bond yields
Sequel to RBI announcing Rs 10,000-cr sale of govt bonds next week
FIPB may approve HDFC Bank's current holding structure
But bank might not be allowed to bring fresh foreign investment in immediate future
 "FIPB may approve HDFC Bank's current holding structure")
 "Growth to pick up from 5.6% in FY15 to 7% in FY17: Citigroup")
IFCI offloads 3 hospitality loans to ARCs
Another loan, to Sima Hotels and Resorts (Rs 69 cr outstanding) was bought by Alchemist ARC