Page 1188 - Finance News
5 key takeaways from RBI policy
Though retail inflation has come off on account of lower prices of gold, oil and non-food elements, dependency on external factors can play havoc
 "5 key takeaways from RBI policy")
RBI takes small steps to deepen markets
The central bank said it will cut the HTM ceiling on bonds from the current 24% to 22%
 "RBI takes small steps to deepen markets")
Tweaking wilful defaulter definition to cover directors: Rajan
Currently, a wilful defaulter is one who has not used loans for the stated purpose or has not repaid when he can do so, or has siphoned off funds or disposed of pledged assets without bank's knowledge
 "Tweaking wilful defaulter definition to cover directors: Rajan")
6% inflation target requires govt help as well: Shubhada Rao
Q&A with Chief Economist, YES Bank
 "6% inflation target requires govt help as well: Shubhada Rao")
Rate cut unlikely during this calendar year: experts
Say RBI still cautious on inflation, focussed on credit supportive growth
 "Rate cut unlikely during this calendar year: experts")
At RBI policy review, Raghuram Rajan leaves interest rates unchanged at 8%
The central bank on Tuesday left its repo rate untouched at 8% as part of its continuing battle against inflation
 "At RBI policy review, Raghuram Rajan leaves interest rates unchanged at 8%")
 "Bad loan sales slump in July-Sept quarter of FY15")
S&P re-rating should buffer rupee when US Fed raises rates
Experts believe there would be some reaction when the US Fed does move but it would be a limited impact
 "S&P re-rating should buffer rupee when US Fed raises rates")
 "Sebi says RBI should've handled BoR case better")
SBI fears defaults by UP private sugar mills
SBI MD writes to UP chief secretary expressing her concerns
 "SBI fears defaults by UP private sugar mills")
Doha Bank to buy HSBC Bank Oman's India assets, calls shareholder meet
HSBC Bank Oman had gross assets worth Rs 350 crore at end of 2013
SBI not likely to make aggressive festival offers
SBI's chairman Arundhati Bhattacharya says scope to cut rates for specific products is very limited at present
 "SBI not likely to make aggressive festival offers")
RBI policy to drive markets in a holiday-shortened week ahead
Shares of automobile companies will be in focus amid release of sales data for September on Wednesday
 "RBI policy to drive markets in a holiday-shortened week ahead")
L&T Finance aims to expand MFI portfolio fivefold
The company had scaled down this business following the crisis in Andhra Pradesh's microfinance sector in October, 2010
 "L&T Finance aims to expand MFI portfolio fivefold")
 "S&P ups rating outlook of 10 firms, 11 financial entities")
 "Bank CEOs review fallout of coal blocks cancellation")
SC order on coal blocks part of cleansing, says former SBI chief
Says industry came out from a much severe situation in 1990s when NPAs were in double digits
NABARD funds UP banks for 2.2 million Rupay Kisan Credit Cards
Sanctions Rs 15 crore to six UP regional rural banks
 "NABARD funds UP banks for 2.2 million Rupay Kisan Credit Cards")
 "NPS move to enhance its reach in pvt sector")