Page 1318 - Finance News
Banks free to open branches in tier-1 centers: RBI
Raghuram Rajan on the day of his taking charge had announced freeing of branch expansion policy
 "Banks free to open branches in tier-1 centers: RBI")
Bernanke may opt for mild taper. Raghuram Rajan may hold rates steady
Reserve Bank of India (RBI) will review its Monetary Policy a day later, and to a large extent will be dependent on the outcome of the US Fed meet
 "Bernanke may opt for mild taper. Raghuram Rajan may hold rates steady")
After Bernanke, can Raghuram Rajan now surprise the markets?
After the initial euphoria in the markets settles, all eyes will now be on Raghuram Rajan as the RBI's reviews the Monetary Policy on Friday
 "After Bernanke, can Raghuram Rajan now surprise the markets?")
RBI chief Rajan seen hawkish on debut, may roll back some FX steps
With Fed not going in for tapering, RBI has some room to roll back cash tightening steps
 "RBI chief Rajan seen hawkish on debut, may roll back some FX steps")
Decision on Rs 14K Cr fund infusion in PSU banks in 10-15 days
Financial Services Secretary Rajiv Takru is holding a meeting with heads of public sector banks on Sept 27 to review NPA situation
 "Decision on Rs 14K Cr fund infusion in PSU banks in 10-15 days")
SBI bites the rate bullet, hikes deposit, lending rates
Increases spreads on home, auto loan rates by 30 bps
 "SBI bites the rate bullet, hikes deposit, lending rates")
Credit growth touches 18% but deposits grow at 13%
Deposits also after sliding below 13% growth mark in last fortnight showed little uptick in this fortnight
 "Credit growth touches 18% but deposits grow at 13%")
RBI's old guard junks priority sector status for export credit
Govt pins hopes on Rajan to deliver on this front as well
 "RBI's old guard junks priority sector status for export credit")
RBI includes more segments under infra definition for ECBs
According to the liberalised definition, energy sector would include electricity generation, electricity transmission, electricity distribution and oil pipelines
Bankers to review CD ratio of 4 Punjab districts on regular basis
According to the State Level Bankers Committee, the CD ratio in these districts is less than 40 per cent
Markets brace for a benign Bernanke
Indian players hope Fed will stick to a $10-15bn pullback a month
Micro-lender Ujjivan diversifies its loan products to sustain growth
Launches home loan product in partnership with IFC besides micro pension programme
India Cements looking at export to take advantage of rupee depreciation
Move to improve capacity utilisation, foreign exchange earnings too
Bhartiya Mahila Bank to recruit 115 probationary officers
Bank has invited applications through online mode. Candidates may apply online till September 30
RBI extends Mushtaq Ahmad's tenure as J&K Bank chairman
Ahmad joined bank, where state govt owns 53.17% stake, as a probationary officer in 1972
 "RBI extends Mushtaq Ahmad's tenure as J&K Bank chairman")
'Without enough clarity do not jump in with very strong view'
Q&A : Shriram Ramanathan, Head of Fixed Income, L&T Mutual Fund
 "'Without enough clarity do not jump in with very strong view'")
Rupee could appreciate to 59-61/USD by this fiscal end: Ind-Ra
Ind-Ra expects rupee to appreciate in the range of 8-11% from its August-end 2013 level
 "Rupee could appreciate to 59-61/USD by this fiscal end: Ind-Ra")
BoI to raise Rs 1,500 cr capital through Basel III bonds
Funds to boost its tier II capital for business growth
 "BoI to raise Rs 1,500 cr capital through Basel III bonds")
Rupee weakens ahead of FOMC meet
Street expects that US central bank may reduce its bond-buying program from current $85 billion per month
 "Rupee weakens ahead of FOMC meet")
RBI may raise inflation target
Could scale up its 5% March-end forecast; Rajan may hint at shifting to CPI as inflation anchor
 "RBI may raise inflation target")