Page 1282 - Finance News

Federal Bank launches savings account with overdraft facility

The service is only for high-end salary earners

Jalan panel to finalise report three months after RBI scrutiny

RBI is currently scrutinising various aspects of applications made by 25 entities for new bank licences expected to be given by the end of March 2014

Willful defaulters may have to pay higher rates, warns RBI

Rajan said there was a need to ensure that the system recognises financial distress and provide for fair recovery of loans in the interest of lenders and investors

'Top 30 NPAs of PSBs account for one-third of total bad loans'

Gross non-performing assets amount of top 30 accounts of public sector banks stood at Rs 72,174 crore

New worries for banks

RBI is concerned over delays in addressing chargeback issues

Bonds rise on buying support

RBI rule on novation for derivatives

Transferee bank is also required to carry out necessary due diligence independently as required by RBI

Liquidity to tighten as advance tax deadline nears

Situation will result in banks borrowing more from RBI's Liquidity Adjustment Facility and Marginal Standing Facility

Govt okays SBI plan to raise Rs 9,576 crore via QIP in FY14

Raising of the capital will subject to requisite approvals from the shareholders and the RBI

First China default seen as record $427-billion debt due next year

MSME ministry to talk to banks for easier credit

MSME Ministry will hold consultations with banks to persuade them to improve the flow of credit to small scale sector

SBFCs can play much bigger role in financial inclusion: Sinha

With over 42 million enterprises accounting for nearly 50% of manufacturing and over half of exports

Keep industry and banking separate: Parliament panel to RBI

Standing Committee on Finance also asked the RBI to review the guidelines on 'licensing of new banks in the private sector'

Rupee now at its real value: Mayaram

Sensex soared to an all-time high of 21,483.74 points

Canara Bank chairman wants asset quality to improve further

The bank expects new bad loans to fall to about Rs 1,300 cr in the December quarter from Rs 2,800 cr in June

HDFC Bank tops chart in FCNR(B) deposit mop-up

Lower cost of funds gives the lender more loan-pricing power

Dena Bank to open office in London this month

Slowdown in economy has compelled the bank to lower its loan growth target to 15-16% from the earlier estimate of 18%

Saradha: Relief cheques ready but 60% of investors missing

About 85% of complaints received were related to investments of less than Rs 10,000 each

SBI's internal panel probing on bribery charges clears Shyamal Acharya

DMD to continue to stay on leave

Bandhan to raise Rs 100 cr through NCDs