Page 1266 - Finance News
SBI launches YouTube channel; Twitter handle next
The YouTube channel will initially have information about the bank's products and services
 "SBI launches YouTube channel; Twitter handle next")
Bank NPAs to improve following CCI project approvals: Takru
Says in the last three to six months, CCI has cleared around 60-70 projects
 "Bank NPAs to improve following CCI project approvals: Takru")
Want to exchange soiled notes? Don't forget your identity proof
RBI to withdraw all pre-2005 notes; move seen as effort to unearth black money
 "Want to exchange soiled notes? Don't forget your identity proof")
 "Bank credit growth lags deposit growth, says RBI data")
RBI panel dims hope of a rate cut this year
Focus on inflation, higher CPI projection dampen bond market mood
 "RBI panel dims hope of a rate cut this year")
Bond yields rise on RBI panel's OMO talk
Use instrument only when warranted by liquidity: Panel
 "Bond yields rise on RBI panel's OMO talk")
BoJ's Kuroda shrugs off need for more easing
The central bank kept monetary policy steady at a review earlier in the day and maintained its upbeat inflation forecasts
SUUTI appoints bankers for Axis Bank stake sale
The stake sale is expected to bring over Rs 13,000 cr for the govt
 "SUUTI appoints bankers for Axis Bank stake sale")
 "FCNR (B) deposits aid banks' loan growth")
RBI plans to use unclaimed deposits for education, awareness
Apex bank plans to use Rs 3,500 cr such deposits that have not been claimed for 10 years for the purpose
 "RBI plans to use unclaimed deposits for education, awareness")
RBI expected to ease liquidity in coming policy review
Central bank may raise the limit on repo borrowings or purchase more of govt bonds
 "RBI expected to ease liquidity in coming policy review")
Pakistan's Soneri Bank mulls India foray
Will approach RBI for approval, plans three branches in Amritsar initially; bank mum on investment
 "Pakistan's Soneri Bank mulls India foray")
Govt to convert Rs 400-crore PNCPS in Indian Bank to equity
This would enable the bank to meet the Basel-III requirements
 "Govt to convert Rs 400-crore PNCPS in Indian Bank to equity")
Govt to convert PNCPS worth Rs 400 core in Indian Bank to equity
PNCPS will not be reckoned for 100% weightage under Tier I Capital as per Basel III norms
IRFC extends closing date for tax-free bonds to Feb 7
The company has so far raised Rs 2,300 cr against issue size of Rs 8,660 cr
 "IRFC extends closing date for tax-free bonds to Feb 7")
 "RBI to pause, but not abandon caution")
NRI businessman Yusuffali buys into South Indian Bank
Already holds stake in Dhanlaxmi and Federal Bank
 "NRI businessman Yusuffali buys into South Indian Bank")
RBI caps banks' gold loan- to-value ratio at 75%
Central bank had initially restricted the LTV ratio for gold loan NBFCs at 60%