Page 1341 - Finance News
RBS deal to help Ratnakar Bank expand, improve brand visibility
But absorption of RBS' employees might prove to be a challenge
 "RBS deal to help Ratnakar Bank expand, improve brand visibility")
More incentives to states for widening financial inclusion
The pilot scheme for Direct Benefit Transfer is being carried out in 121 districts
 "More incentives to states for widening financial inclusion")
RBI to set up panel to screen new bank applications
Member of panel would be drawn from other financial regulators like Irda, Sebi, PFRDA
 "RBI to set up panel to screen new bank applications")
 "Syndicate Bank to step up recovery from next quarter")
RBI wants PF money in rate swaps
Central bank keen to develop domestic interest rate derivatives market
 "RBI wants PF money in rate swaps")
Sydicate Bank says its stressed assets will shrink in the coming quarters
The bank's net non performing assets(NPAs) increased to 1.19% during the first quarter ending June, 2013
FM meets officials to discuss rupee fall issue
Officials say some measures could be announced over the weekend or early next week
 "FM meets officials to discuss rupee fall issue")
Banks gear up to offer cheap retail loans during festive season
By offering special schemes and loans at base rate, banks hope to see high growth
 "Banks gear up to offer cheap retail loans during festive season")
SBI fills senior positions with succession plan in mind
Appoints seven new deputy managing directors
 "SBI fills senior positions with succession plan in mind")
Biz per worker: How govt banks pip pvt ones
Growth in public sector banks' business per staff outpaces private rivals
Seniors at central bank uneasy with Rajan's OSD status
Central bankers say such steps will be interpreted as FinMin's 'we-are-running-the-show' attitude and send a wrong signal to market
 "Seniors at central bank uneasy with Rajan's OSD status")
RBI doubles dividend payout to government
The central bank pays Rs 33,000 cr to govt as surplus profit for the year ended June
 "RBI doubles dividend payout to government")
RBI unveils new steps to drain out cash and stem rupee's slide
Economic Affairs Secretary Arvind Mayaram ruled out issuance of sovereign bonds
 "RBI unveils new steps to drain out cash and stem rupee's slide")
Cannot adopt a policy of higher inflation tolerance, says RBI study
Negative impact of inflation on growth outweighs its positive impact through lower real interest rate
As liquidity tightens, corporate investors seek safety of banks
With returns from liquid funds turning negative, firms look at short-term bank fixed deposits
RBI to come out with measures to address asset quality in banks: Takru
Non-performing assets in banking sector are increasing sharply amid slowing economic growth
 "RBI to come out with measures to address asset quality in banks: Takru")
Why rupee's weakness may be here to stay
Domestic forwards markets, which reflect market expectations, see the rupee trading at around 65 to the dollar in a year
 "Why rupee's weakness may be here to stay")