Page 1342 - Finance News
As liquidity tightens, corporate investors seek safety of banks
With returns from liquid funds turning negative, firms look at short-term bank fixed deposits
 "As liquidity tightens, corporate investors seek safety of banks")
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")
Rupee advances by 19 paise at 61.11/dollar in late morning trade
Dollar selling by exporters and banks helps rupee recoup
 "Rupee advances by 19 paise at 61.11/dollar in late morning trade")
Banks gear up for festive season with retail loans at concessional rates
Eye growth of 20-25% in the season
 "Banks gear up for festive season with retail loans at concessional rates")
Govt, RBI weigh steps to boost capital inflows
Rupee sinks to new closing low of 61.30 a dollar
 "Govt, RBI weigh steps to boost capital inflows")
HDFC Bank raises base rate to 9.8%
Second to hike minimum lending rate after Yes Bank
 "HDFC Bank raises base rate to 9.8%")
Tepid economic growth hits recovery prospects for Indian banks: S&P
Debt recast pipeline to stay high for two years
 "Tepid economic growth hits recovery prospects for Indian banks: S&P")
Rajan to reach Mint Road 2 weeks before taking charge
Rajan will be closely working with RBI governor and four deputy governors to gain familiarity with the central bank's stance on various issues
 "Rajan to reach Mint Road 2 weeks before taking charge")
US says BofA lied to investors about mortgage-bond risks
Threats of costly mortgage litigation have been dogging Bank of America for years
 "US says BofA lied to investors about mortgage-bond risks")
New RBI head has tough job on hand: IIM-A faculty members
Chairman of board of IIM Ahmedabad says Rajan most appropriate person to guide India's monetary policy through current turbulent times
 "New RBI head has tough job on hand: IIM-A faculty members")
UBS to pay $50 million to settle SEC claim
The upfront payments under the terms of the deal should have gone to the CDO for the benefit of its investors
 "UBS to pay $50 million to settle SEC claim")
Credit grows in July second half despite tight liquidity conditions
Loan book of banking system had shrunk by Rs 16,620 crore in previous fortnight (July 12, 2013)
 "Credit grows in July second half despite tight liquidity conditions")
Karur Vysya to raise Rs 1,000 cr via QIP
The bank plans to raise FII investment cap
Federal Bank to offer home loans at lower rates till September
Private lender to waive processing fees on car and housing loans during festivals
5 ways Raghuram Rajan could save the Indian economy
And the 3 ways he could kill it
RBI imposes penalty on SBI
Fined for violation of terms of agreement with RBI for opening, maintaining currency chests
 "RBI imposes penalty on SBI")
No substitute for Mahatma image on currency notes: RBI Committee
Earlier buzz was that images of Jawaharlal Nehru, Indira Gandhi, Sardar Patel could be considered for new notes
 "No substitute for Mahatma image on currency notes: RBI Committee")
Rupee weakens as heavy dollar demand continues
Crucial FSDC meet in afternoon to discuss exchange rate, CAD
 "Rupee weakens as heavy dollar demand continues")