Page 1238 - Finance News
RBL Bank raises Rs 328 cr from global investors
Public offer in next 9-12 months on cards
 "RBL Bank raises Rs 328 cr from global investors")
PSBs' profits may come under stress
Asset quality pressure continues; equity market run-up might result in treasury gains
 "PSBs' profits may come under stress")
Cautious bankers to 'investigate' construction firms before debt recast
A forensic audit will help the lenders get a clearer picture about the firms and reduce chances of any 'package failure' in CDR
 "Cautious bankers to 'investigate' construction firms before debt recast")
Q4 earnings preview: Banks with higher Casa to fare better
Equity market run-up may result in treasury gains
 "Q4 earnings preview: Banks with higher Casa to fare better")
FinMin refuses to split CMD's post in public sector banks
Says this position doesn't enjoy absolute powers as is being claimed by some international experts
 "FinMin refuses to split CMD's post in public sector banks")
Foreign banks keen on differentiated licence
More than one foreign lender seem game for the central bank's idea
 "Foreign banks keen on differentiated licence")
Doha Bank to infuse $25 mn into India biz
The lender has received the RBI's nod to commence operation in the country
Unions protest decision to grant new banking licences
Raghuram Rajan had stated that the central bank will follow an 'on-tap' policy, implying that more and more licences will be given to private players
 "Unions protest decision to grant new banking licences")
RBI raps NBFCs for faulty computation of capital
Asks these to deduct investments in group companies from capital
 "RBI raps NBFCs for faulty computation of capital")
Short-term rates likely to ease further
In the last few days rates of CDs & CPs eased and, in a few tenures have even fallen below 9% from levels above 10% in March
 "Short-term rates likely to ease further")
RBI asks banks to make credit card interest payment easier for users
Says interest on card balance should not be levied till next bill
 "RBI asks banks to make credit card interest payment easier for users")
Rising bond yields might attract more foreign investors in debt
10-year bond yield could rise to 9.25 per cent
 "Rising bond yields might attract more foreign investors in debt")
FinMin not stamping postal bank plan
Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans
 "FinMin not stamping postal bank plan")
Not eyeing tie-ups to start Bandhan Bank: Ghosh
Says capital adequacy ratio is about 21%
 "Not eyeing tie-ups to start Bandhan Bank: Ghosh")
SBI to offload up to Rs 4,000 cr bad loans to ARCs
The bank has total bad assets of Rs 67,799 crore
 "SBI to offload up to Rs 4,000 cr bad loans to ARCs")
SBI to hold home loan rates
RBI's lowering of borrowing limit must have led to the decision