Page 1232 - Finance News
IFCI may rope in strategic investor for factoring arm
To integrate operations of capital market subsidiaries
 "AIBEA opposes SBI's arrangement with Reliance Money Infra")
Rupee hits 3-week high
The US Federal Reserve announced a further reduction of its economic stimulus efforts late on Wednesday
 "Rupee hits 3-week high")
SKS dashes Akula's hopes of comeback in board
Former chairperson will no longer be treated as promoter by microfinance firm
 "SKS dashes Akula's hopes of comeback in board")
Various mobile banking apps vulnerable: Study
Trend Micro survey reveals that 15 bank related mobile apps and 39 online payment gateways stand the risk of being exposed to cyber criminals
 "Various mobile banking apps vulnerable: Study")
 "SEC probing hedge funds' bets on Herbalife")
Bank credit to industry grows slower y-o-y in March
Credit to sector showed an increase of 15.1% in March, 2013 (Rs 22.3 lakh cr)
 "Bank credit to industry grows slower y-o-y in March")
YES Bank case hearing adjourned till June 19
Madhu, widow of YES Bank co-founder Ashok Kapur, claimed that her right as co-promoter of bank was violated
 "YES Bank case hearing adjourned till June 19")
AIBEA opposes SBI move
Opposes SBI move to hand over regular banking services to Reliance Money Infrastructure Limited
 "AIBEA opposes SBI move")
HDFC Life-PFRDA case to be taken up on May 6
Earlier, PFRDA had disqualified HDFC Life from re-selection of NPS managers for the private sector
 "HDFC Life-PFRDA case to be taken up on May 6")
 "RBI needs to buy $80 bn by Mar '16")
Investors opt for state development loans
They also have better credit quality than corporate bonds
 "Investors opt for state development loans")
'Pvt banks made good profit on unsecured loans in FY14'
Growth in credit card and personal loan picks up steam, says report
 "'Pvt banks made good profit on unsecured loans in FY14'")
Expecting growth from retail, SME lending: Yes Bank
It said that will help improve the risk profile of the country's fourth largest private sector lender
 "Expecting growth from retail, SME lending: Yes Bank")
HC reserves order on YES Bank standoff
Earlier, Madhu had claimed her right as co-promoter of the bank was violated, as she was not consulted before appointment of these directors
 "HC reserves order on YES Bank standoff")
Banks wary of RBI norms on prepayment penalties
They fear if corporate houses adhere to this, it will lead to asset-liability mismatches
 "Banks wary of RBI norms on prepayment penalties")
Bank officers' body to mark May 1 as 'Demands Day'
Specific to body's demand is implementation of regulated working hours and five-day-a-week working schedule
 "Bank officers' body to mark May 1 as 'Demands Day'")