Page 1293 - Finance News

US investigates currency trades by major banks

Moody's lowers ratings of four US banks after review

While at BANCON 2013...

Here's what happened on the sidelines of the banking conference

Steps to broaden G-secs mkt in coming weeks: Rajan

Present limits for investments by FIIs, QFIs and long term investors in govt securities and corporate debt stands at $30 billion and $51 billion

The five pillars of RBI's financial sector policies: Raghuram Rajan

Full text of Raghuram Rajan's speech at Bancon 2013 held in Mumbai on Nov 15

First level screening of bank licence applications on Dec 16

Awarding of licences may take longer than January deadline set by Rajan

IDBI Bank to get $340-mn loan from Germany's KfW

The loan has a maturity of 10 years and carries a competitive rate of interest

Bad loans of listed banks soar 38% in first half of FY14

Share of top 10 banks in net NPAs has come down to 67.8% in Sept

Bond yields harden on higher reading on inflation

Partial devolvement at bond auction on primary dealers

State Bank of Mysore hikes base rate by 0.1% to 10.25%

Hike effective from November 16

PM to inaugurate Mahila Bank on Indira's birthday

Seven branches will become operational across the country with the inauguration of the bank

Rajan's breathing exercise fails to pacify the rupee

A look at the fundamentals fails to provide comfort despite Rajan's best efforts at calming the rupee

Small and mid-cap equity MFs raise cash-holdings

Average cash-holding in September about 8%

State-run banks see NPA slippage in Q2

SBI saw the highest growth in NPAs, at Rs 3,314 cr, followed by Rs 2,284 cr for United Bank of India. Punjab National Bank's NPAs rose by Rs 1,436 cr

SBI to raise Rs 8-9k cr through QIP in FY14

Puts associate bank consolidation on backburner

SBI sees steepest profit fall in over two years

Net profit slumps 35%, but stock gains as pace of bad loan growth slows

RBI mulling pros & cons of bonds joining global indices

India will have to relax FII limit in its G-Secs

RBI in no hurry to shut forex facility for oil refiners: Rajan

RBI Guv said that as the exchange rate stabilised, the OMCs returned and purchased more dollars from the market

Take tough stance against defaulting Corporates:Finmin to PSBs

Move will help check rising bad loans which has touched a high of Rs 1.8 lakh crore at the end of June quarter

Long term needs of economy should determine number of new banks: Rangarajan

Also emphasises on use of mobile platform as means to achieving financial inclusion