Page 1202 - Finance News

Govt to borrow less in first half of FY15

Move to help bring down bond yields, overnight rates

Redesigning financial inclusion: Feedback from earlier glitches key

ATM-enabled RuPay cards, which will come with newly opened accounts, will have an accident insurance benefit up to Rs 1 lakh

RBI in talks to ease foreign investors' trade in securities

Deputy govenor H R Khan said RBI is in talks with market participants

Reserve Bank board for talk with govt on COO post

RBI board did not favour the central bank's proposal that till the time the RBI Act was amended

Finmin to finalise capital raising plan for PSU banks next month

Ministry has received the report from SBI Cap on the requirement of various public sector banks

'RBI must continue to manage debt'

India needs bankruptcy code: Raghuram Rajan

I was hopeful that the bankruptcy code embedded in the new Companies Act would be operational soon: Raghuram Rajan

Finance ministry rules out COO appointment in RBI

Govt not in favour of interim move; asks RBI to wait till Act is amended

IFCI to raise Rs 2,000 cr via bonds in FY15

Company intends to disinvest its entire stake in I-FIN during the current fiscal

SBH allocates Rs 10 crore for CSR programmes this fiscal

On the occasion, the bank also presented 100 traffic barricades to the Vijayawada Traffic Police

Mobile banking zooms as India gets smarter

Transactions see 4-fold jump in a year; ICICI Bank tops Rs 1,000 crore in one month

Bhushan Steel: Banks once bitten, twice shy

Bhushan is already the country's most indebted steel maker with debt to equity ratio of 3.5 at the end FY14

MFIs demand more incentives to work as biz correspondents

According to survey by microfinance institution network (MFIN), published in February this year, nine out of 14 MFIs closed their operation as BCs in the recent past

Wilful defaulter tag for KFA: FinMin takes stock

SBI-led consortium of 17 banks had a total exposure of about Rs 6,500 cr to Kingfisher Airlines

Banks to be asked to give credit to farmers: Govt

Some banks are reluctant to give loans to farmers, pressure will be put on banks to give loans, says Food Minister

IDBI Bank says not being probed over Kingfisher loan

CBI on Saturday had said it is initiating probe against both companies

IDBI Bank chief defends Rs 950-cr loan to Kingfisher

Says the bank would provide more information on the matter to CBI in a couple of days

Muthoot Fincorp to act as biz correspondent for banks

NBFCs were earlier not allowed to operate as business correspondents of banks

Yields ease with RBI decision on transfer to govt

Analysts say the amount transferred to government will help in improving fiscal profile in current financial year

Increase in asset prices without real activities is a concern: Rajan

Cautions when the US started raising interest rates, India would be tested