Page 1304 - Finance News

'India gears up to launch interest rate futures'

CMS Info System wins SBI contract to deploy ATMs across India

This is single largest deployment contract awarded by any bank in country

RBI says no plans to turn off OMCs' dollar swap window

Oil swap window was introduced on August 28, after the rupee hit a life-time low of 68.85

South Indian Bank's net up 31% at Rs 127 crore

Capital adequacy ratio stands at 13.16% (under BASEL II standards) as on Sept 30 against regulatory requirement of 9%

European Central Bank to put banks, and itself, to the test

e-KYC set to benefit banking, financial services sectors

With e-KYC you can actually do an online account opening in a bank which will be much more simpler, says Sumant Kathpalia, head, consumer banking, IndusInd Bank

Rupee up in wake of US debt settlement

Experts hope for a stable rupee in near-term

Coastal Projects set to restructure Rs 3,700-cr debt

Company has high debt; they are looking at number of options including equity raising

Microfin industry close to being 100% insured sector

As of June, sum insured stood at Rs 35k crore while gross loan portfolio was Rs 21k crore

Axis Bank net rises 21%

Posts higher margin, interest income; bad loans rise during September quarter

RBI to soon issue Rs 10 banknotes with Rajan's signature

The design of these notes to be issued now is similar in all respects to the Rs 10 Banknotes in Mahatma Gandhi Series

Street positive on Bajaj Finance, Finserv

Bajaj Finserv posted 27.5% y-o-y growth in consolidated net profit to Rs 276 cr for Q2

US debt ceiling: Rupee appreciation seen limited

Few experts believe the currency is headed towards weakening

Banks' loans, deposits grow slower so far vs RBI's FY14 estimate

The RBI projects loans to grow at 15% and deposits by 14% in the current fiscal yea

HDFC Bank posts 1st sub-30% quarterly growth in 10 years

Bank's Q2 net up 27% to Rs 1,982 cr, other income jumps 25%

Citi India posts loan growth of 7.4% at $7.1 bn

Corporation Bank's new CMD sets clear agenda

Raise share of low cost deposits, control slippages, improve asset quality

Bajaj Finserv's Q2 net jumps to Rs 277 cr

Company's consolidated gross revenue up by 9% to Rs 4,056 cr in the July-September quarter

Inflation to ease; RBI likely to cut MSF rate: Assocham

Reserve Bank on Oct 7 reduced MSF rate to 9% to improve liquidity in the system

HDFC Bank Q2 net up 27.1% to Rs 1,982 cr

Non-interest income increased by 25.3% to Rs 1,471.8 crore