Page 1189 - Finance News
 "Need to break the back of inflation: Rajan")
Day after Coalgate verdict: Rating agencies put banks, firms under scanner
Top bankers meet today to take stock of fallout of Supreme Court's ruling on coal blocks
 "Day after Coalgate verdict: Rating agencies put banks, firms under scanner")
ICICI Bank savings account for minors
The account will offer a personalised cheque book and a debit card with a picture of his or her choice
 "ICICI Bank savings account for minors")
Roadblocks mar ATM spread by banks and WLA operators
Financial viability and low interchange fee seen as a huge challenge
 "Roadblocks mar ATM spread by banks and WLA operators")
State Bank of India board approves 1:10 share split
The following decision would be reflected in the reduction in face value of equity shares in existing GDR programme
 "State Bank of India board approves 1:10 share split")
Need right regulation for business growth, jobs: Rajan
The RBI governor stresses the need for better infrastructure
Janalakshmi to lead investor rush into microfinance sector
After Janalakshmi's record-breaking deal, Indian MFI sector likely to raise Rs 2,000 crore in FY15
 "Janalakshmi to lead investor rush into microfinance sector")
Coalgate verdict: Worried banks await early resolution
The top 11 metals, mining and power companies whose coal blocks have been cancelled together owe Rs 2.7 lakh crore to lenders
 "Coalgate verdict: Worried banks await early resolution")
State Bank of India approves 10-for-one stock split
SBI will reduce the face value of each equity share to 1 rupee from Rs 10
 "State Bank of India approves 10-for-one stock split")
International settlement of G-Secs faces delay
Differences arise between Euroclear and RBI on cross-border settlement of govt bonds
 "International settlement of G-Secs faces delay")
As G-sec cap nears, FIIs increase corp bond buying
In July, RBI had raised the FIIs' sub-limit in government bonds by $5 bn, after the existing $20-bn limit was almost exhausted
 "As G-sec cap nears, FIIs increase corp bond buying")
Change unlikely in key liquidity ratios
The central bank's borrowing in the second half of the current fiscal is seen at Rs 2.48 lakh crore
 "Change unlikely in key liquidity ratios")
Performance assessment in banks & NBFCs: Panel recommends 360-degree feedback
Says 'Chief Learning Position' to be created in all commercial banks
 "Performance assessment in banks & NBFCs: Panel recommends 360-degree feedback")
International Finance Corp launches Maharaja bonds
In talks to raise $2 billion through offshore rupee-denominated securities
 "International Finance Corp launches Maharaja bonds")
Corp Bank to take partners on board to recover KFA dues
SBI leads a 17-member consortium of lenders trying to recover dues running into over Rs 7,500 cr in principal alone from Kingfisher Airlines
 "Corp Bank to take partners on board to recover KFA dues")
Bandhan recruits ten people from banking sector for its top management
At present, Bandhan has about 2116 bank branches in 22 states, with loan outstanding of nearly Rs 6,200 cr
 "Bandhan recruits ten people from banking sector for its top management")
Make transfers at banks need based: RBI panel
According to the 10-member committee, transfers should not be done in a mechanical manner but through a well laid down criteria
 "Make transfers at banks need based: RBI panel")
 "Expert take: Central bank to stay on the sidelines")
White-label ATM growth in limbo over PSB response
Low interchange fee, high operation costs make financial viability tough
 "White-label ATM growth in limbo over PSB response")