Page 1271 - Finance News
 "'Bank credit growth lags deposit growth'")
PSBs to decide on interim dividend soon
Banks line up board meetings over two weeks
 "PSBs to decide on interim dividend soon")
Gold loans: Some easing, some stiffening by RBI
Only intrinsic value of the gold to be used to determine the loan value
 "Gold loans: Some easing, some stiffening by RBI")
 "Nachiket Mor panel report: Execution is key")
 "Jammu & Kashmir turns paradise for new-age private banks")
 "RBI fast-tracks bank licensing process")
Muted growth likely for banks
Loan defaults and restructuring to limit profits
 "Muted growth likely for banks")
With an eye on reviving growth, China to allow 5 pvt banks in '14
Move aimed at promoting 'modernisation of governance'
 "With an eye on reviving growth, China to allow 5 pvt banks in '14")
Mibor use could get wider
Reserve Bank of India's move to get involved in its specification, if approved, would strengthen money market
 "Mibor use could get wider")
RBI panel wants banking services for all by Jan '16
Moots separate banks for low-income households, removal of farm loan subsidies
 "RBI panel wants banking services for all by Jan '16")
Redo NBFC classification: RBI panel
Suggests allowing wholesale investment and consumer banks, revist PSL rules
 "Redo NBFC classification: RBI panel")
Nachiket Mor panel proposals: Internal dissent on report
Axis Bank & BoB chiefs say many suggestions not practical
Derivatives trade: RBI eases banks' exposure norms
At present, the ceiling on such exposure to a single counterparty is 15% of capital funds
 "Derivatives trade: RBI eases banks' exposure norms")
 "Yellen wins backing of senators to lead Fed")
IOB to fund budding entrepreneurs
Bank will extend finance up to Rs 50 lakh for entrepreneurs in the manufacturing sector and Rs 25 lakh for services sector
 "IOB to fund budding entrepreneurs")
Abolish SLR norm gradually, says RBI panel
Statutory liquidity ratio refers amount that commercial banks require to maintain in the form of gold or government approved securities before providing credit
Banks' exposure to qualifying clearing house outside 15% norm
The exposure limit applicable to a single borrower or counterparty is 15 per cent of the capital funds of the bank
 "Banks' exposure to qualifying clearing house outside 15% norm")
By Jan 2016, all Indian adults would have bank accounts, envisions RBI Panel
Jan 2018 would be a realistic date argue some panel members