Page 1242 - Finance News
 "Supply-side issues likely to keep food inflation high: Naresh Takkar")
 "A most appropriate step: Prabal Banerjee")
RBI showed resolve to develop term money market: Shyam Srinivasan
By moving markets from the overnight segment to the term repo segment, data points for the term money curve will be available
 "RBI showed resolve to develop term money market: Shyam Srinivasan")
Consumer sentiment improves but biz confidence moderates: Survey
RBI's industrial Outlook Survey, after indicating improved confidence for Q4 of 2013-14, signalled moderation for Q1 of 2014-15
 "Consumer sentiment improves but biz confidence moderates: Survey")
UBI issue points to lack of corporate governance in PSBs: RBI
RBI has raised issue of enhancing corporate governance norms in PSBS with govt and called for action on priority basis
 "UBI issue points to lack of corporate governance in PSBs: RBI")
Bank proposes no minimum balance penalty
May increase costs for customers, say bankers
 "Bank proposes no minimum balance penalty")
 "RBI move to boost capital flows")
RBI should not be bailing out banks with liquidity infusion: Raghuram Rajan
Interview with Governor, RBI
 "RBI should not be bailing out banks with liquidity infusion: Raghuram Rajan")
Apex bank adopts retail inflation as anchor
Projects 8% consumer price index-based inflation by Jan 2015, 6% by Jan 2016
 "Apex bank adopts retail inflation as anchor")
Inflation-warrior Rajan hits the pause button on interest rates
RBI hints at keeping repo rate steady if inflation eases
 "Inflation-warrior Rajan hits the pause button on interest rates")
RBI pause a right step: Indranil SenGupta
Looking ahead, we expect CPI-based inflation to come off to seven per cent levels if the rains are normal
 "RBI pause a right step: Indranil SenGupta")
RBI keeps rates unchanged; factors in recent decline in inflation: Sunil Godhwani
RBI's plans to devise the framework for on-tap licensing as well as differentiated bank licences is a step in the right direction
 "RBI keeps rates unchanged; factors in recent decline in inflation: Sunil Godhwani")
 "RBI gets green signal to issue bank licences")
RBI's hawkish stance suggests tightening isn't over
Narrowing access to overnight borrowing from central bank to raise borrowing costs of banks by 10 bps
On tap licences first for niche banks, then for universal banks: Rajan
Rajan explained that there is a scope for having people with partial licenses
 "On tap licences first for niche banks, then for universal banks: Rajan")
Karnataka Bank targets 20.3% growth in FY15
Bank plans to roll out technology-based products to expand its customer base
 "Karnataka Bank targets 20.3% growth in FY15")
RBI says United Bank problem one of governance, not ownership
Reserve Bank has ordered a forensic audit to improve the working of all public sector banks
 "RBI says United Bank problem one of governance, not ownership")
SBM to raise Rs 425 crore through rights issue
Is yet to fix the face value and decide other modalities
 "SBM to raise Rs 425 crore through rights issue")