Page 1321 - Finance News
PEs to exit despite weak rupee
Investors prefer exits with lower valuation to staying invested for a longer term
 "PEs to exit despite weak rupee")
 "Steps to rescue the rupee")
RBI to keep MSF facility open today, tomorrow
Banks can borrow funds at 10.25% from this window
 "RBI to keep MSF facility open today, tomorrow")
Rupee is undervalued, says K V Kamath
Says India's economic climate has started improving
 "Rupee is undervalued, says K V Kamath")
Promoters set to infuse Rs 1,000 cr in PNB Housing
The infusion aimed at reducing the debt-to-equity ratio and supporting biz growth
 "Promoters set to infuse Rs 1,000 cr in PNB Housing")
Seemandhra stir: Banks' loan activity comes to a standstill
These banks have not sanctioned new loans in the last 4-5 weeks, according to heads of various local banks
Tentative advance tax numbers for Sept 2013
List of advance tax numbers for banks
Indian banking set to become fifth largest by 2020: KPMG-CII report
Expects bank credit to grow 17% CAGR in medium-term leading to increased credit penetration
 "Indian banking set to become fifth largest by 2020: KPMG-CII report")
SBI's loans grow by 18-20% so far in FY14
Credit growth led by retail loan demand, no moderation in project financing
 "SBI's loans grow by 18-20% so far in FY14")
Send e-return copies to Bangalore centre: I-T dept
The deadline for this task has been set at October 31
 "Send e-return copies to Bangalore centre: I-T dept")
Rupee volatility cut Sterling value of our investments by 20%: Eredene Capital
The fund has already announced that it will not make any further investments in new projects
 "Rupee volatility cut Sterling value of our investments by 20%: Eredene Capital")
Rupee fall to have little effect on duty drawback rates
Officials said a high-powered panel to finalise the duty drawback rates had given its views to the finance ministry
SBI to rework global corporate branding strategy
To rope in advisory outfit to chart course
 "SBI to rework global corporate branding strategy")
ICICI to add 500,000 credit cards in FY14
Bank's credit card portfolio is estimated at Rs 3,000 crore and growing at 20% annually
 "ICICI to add 500,000 credit cards in FY14")
Central Bank of India not to raise rates
Base rate stands at 10.25% like most of other public sector banks except for SBI
 "Central Bank of India not to raise rates")
Centre may keep borrowing schedule
It is to announce issuance calendar of govt securities later this month for second half of the fiscal
Pvt sector experts on RBI's monetary policy framework panel
Committee will be chaired by RBI's deputy governor Urjit Patel, will have eight members
 "Pvt sector experts on RBI's monetary policy framework panel")
Allow banks to offer us fresh loans: MFIs to RBI
Crisis in MFI sector which began in AP in Oct 2010 has left micro-lenders with negative net worth
 "Allow banks to offer us fresh loans: MFIs to RBI")
Info bank of large borrowers to be set up
Individuals and entities with exposure of over Rs 10 crore would be reported to the central bank
 "Info bank of large borrowers to be set up")
Punjab among top three investment destinations in India: RBI
Orissa and Maharashtra finished number one and two, respectively