Page 1195 - Finance News
Students look for options as banks trim education loans
Credit to the education sector increased only by 1.9% in July-March period this year
 "Students look for options as banks trim education loans")
RBI to hold rates on Sept 30, may cut in Feb: BofA-ML
Consumer Price Index based inflation is peaking off and expected to be around 7.5-8% in Sept
 "RBI to hold rates on Sept 30, may cut in Feb: BofA-ML")
 "Decoding wilful defaulter tag")
 "RBI begins review of Jan Dhan rollout")
Union Bank doesn't want external agency to run Bhushan Steel
Last month, Bhushan Steel's vice-chairman and managing director, Neeraj Singal, was arrested by CBI
 "Union Bank doesn't want external agency to run Bhushan Steel")
Banking system's NPAs to inch up in FY15: Icra
For the whole banking sector also the gross NPA is expected to increase to 4-4.2% at the end of this financial year
Shriram seeks clarity on niche bank operation
May apply for small bank and wholesale consumer banking licence
 "Shriram seeks clarity on niche bank operation")
RBI sucks out liquidity worth Rs 48,387 cr
The excess liquidity in the system was there because of recent government spending which RBI has been sucking out
 "RBI sucks out liquidity worth Rs 48,387 cr")
India Post best suited for e-commerce delivery services: govt
India Post has over 1.55 lakh post offices of which more than 1.39 lakh are in the rural areas
 "India Post best suited for e-commerce delivery services: govt")
Bank credit growth slows to Dec 2009-levels
On a y-o-y basis for the fortnight ended Aug 22 bank credit grew by 10.94% while it was 10.61% on Dec 4, 2009
 "Bank credit growth slows to Dec 2009-levels")
 "Funds may raise exposure in commercial paper")
 "Revised norms to generate interest in Basel-III bonds: CRISIL")
Banks' capital adequacy ratio at six-year low, hit by rising NPAs
PSU banks worst hit with average CAR falling to 10.67% at end of June quarter vs 11.18% in March 2014
 "Banks' capital adequacy ratio at six-year low, hit by rising NPAs")
Central bank step to keep call rate under check
Deadline for second installment of payment of corporate advance tax is Sept 15
 "Central bank step to keep call rate under check")
Capital raising via Basel-III bonds to become cheaper
Banks are back with capital raising plans and look for an opportune time to tap the markets
General Atlantic to sell 6.5 mn shares of IndusInd Bank
The offer price is expected to be in the price band of Rs 612-618 a share, which works out to about Rs 400 cr
 "'Cibil data a key tool for banks'")
No transaction fee at US ATMs for Thomas Cook card holders
Card users typically pay $ 2-5 as surcharge for accessing ATM in premium locations in the US
 "No transaction fee at US ATMs for Thomas Cook card holders")