Page 1226 - Finance News
 "FIPB to decide on raising foreign investment in HDFC Bank")
Govt bonds record biggest weekly gain since Nov
That's biggest weekly drop for 10-year benchmark bond since five days ended Nov 29
 "Govt bonds record biggest weekly gain since Nov")
SBI to tap capital markets if loan growth improves
Plans on merger of associate banks on back burner, says chairperson
 "SBI to tap capital markets if loan growth improves")
Court dismisses petition challenging SARFAESI Act
Petitioners include Deccan Chronicle Holdings & Marg Ltd
 "Court dismisses petition challenging SARFAESI Act")
RBI deputy governor cautions banks on bad elements
Says a great deal of effort and alertness required to curb nefarious activities including terror funding
 "RBI deputy governor cautions banks on bad elements")
SBI Q4 net down 7.8% at Rs 3,041 crore
Asset quality improves, gross NPA at 4.95% vs 5.73% q-o-q
 "SBI Q4 net down 7.8% at Rs 3,041 crore")
IDBI, SBI group report higher write-offs than recoveries in FY14
PSB executives said write-off indicates cancellation from an account of a bad debt or worthless asset
 "IDBI, SBI group report higher write-offs than recoveries in FY14")
Big borrowing once rejected may always face rejection
FinMin plans multi-pronged strategy to crack down on non-performing assets
 "Big borrowing once rejected may always face rejection")
Risk premium on Indian bonds comes down
Since April 30 spreads have shrunk by 10-100 basis points for various five years papers
 "Risk premium on Indian bonds comes down")
Catholic Syrian Bank & RBL to hit capital market this year
While CSB plans to raise about Rs 300 cr from fresh share issue, RBL Bank may raise Rs 800 cr from IPO
 "Catholic Syrian Bank & RBL to hit capital market this year")
UBI's bond rating stays on 'watch with negative implication'
The operations of the bank, which is saddled with huge bad loans, showed signs of stablisation in the last quarter of 2013-14
 "UBI's bond rating stays on 'watch with negative implication'")
Make all new ATMs talking ones from July: RBI to banks
An April 2009 circular by RBI had advised banks to provide ramps in all existing and future ATMs
 "Make all new ATMs talking ones from July: RBI to banks")
RBI eases credit rules for exports
Exporters can now get long-term loans for up to 10 years as opposed to 1 year earlier
 "RBI eases credit rules for exports")
SBBJ to raise Rs 500 crore
Fund raising plans comes on the backdrop of 13-14% overall growth target
 "SBBJ to raise Rs 500 crore")
RBI to banks: Make all new ATMs talking machines from July
It also asked banks to make necessary arrangements to provide all existing ATMs/future ATMs with ramps so that wheel chair users with disabilities can easily access them
Banking system in Punjab fulfill all national goals in 2013-14
Priority sector advances have increased from Rs 82,686 cr as at March 2013 to Rs 98,502 cr as at March 2014 showing a growth of 19.12%
 "Banking system in Punjab fulfill all national goals in 2013-14")
SKS Trust sells 8% stake in SKS Microfinance
It now has 4.5% stake in the company
 "SKS Trust sells 8% stake in SKS Microfinance")
 "HSBC, JPMorgan, Credit Agricole charged with rigging")
RBI for 20% credit enhancement by banks to corporate bonds
Move to help funding infra projects; Limit on giving partial credit enhancement will be set at whichever is lower between two
 "RBI for 20% credit enhancement by banks to corporate bonds")