Page 1344 - Finance News

Standard Chartered Bank India unit H1operating profit up 45%

Flags risks of slowdown in credit growth during second half; turns cautious on growing credit card business

Public sector banks get new EDs

Sethi appointed as ED in Union Bank, Guha joins Dena Bank

6 key challenges for Raghuram Rajan

A look at the immediate challenges for the incoming RBI Governor

Govt to seek Parliament nod for Rs 1,000 cr for Mahila Bank

The government has finalised the proposal to start the Bhartiya Mahila Bank with 6 branches

Investors pull out over Rs 48,000 cr from MF schemes in June

There was a net outflow of Rs 48,403 crore in June as against a net inflow of Rs 37,435 crore in the previous month

RBI steps fail to check rupee as it hits fresh low

To weaken further in the absence of steps to attract inflows

Dhanlaxmi Bank aims to improve bad loan ratios in FY14

Has formed dedicated teams at regional, zonal and corporate office level for managing bad loans

'Liquidity tightening | Dejà vu: 1997-98?'

Attracting fresh flows through bond issuances would be better than monetary tightening in these times

Rupee woes: RBI-Finmin to huddle over rupee fall tomorrow

According to market participants, RBI may lower the cap for bank's borrowing under LAF further

Sen panel to recommend selling of Saradha assets

Investors in Saradha ranged from domestic help, rag pickers, a large number of taxi drivers to teenagers

More tightening expected from RBI as liquidity eases

Observers suggest temporary CRR rise or increase of ECR rate as options

RBI says all banking licence applicants will have to comply with their norms

According to Sinha, unless RBI scrutinises all applications, they cannot take a definite view on the dispensation

RBI rejects plea to treat loans to MFIs as standard asset on second recast

The law made it difficult for them to issue new loans, and even more difficult to collect old ones

New banks licences to take some more time

RBI will be setting up an external scrutiny panel after internal scrutiny is over, says Deputy Governor Anand Sinha

Corporate investors seek safety of banks

With returns from liquid funds turning negative a couple of weeks back, many companies are looking at short-term bank fixed deposits

Balanced funds better option in volatile markets: Crisil

According to the rating agency, balanced funds have outperformed the Nifty across three, five, seven and 10-year time frames

Rupee likely to weaken

Chit fund probe panel invites complaints

650,000 persons were duped of Rs 4,375 crore between January, 2012 and June, 2013, by chit fund companies operating in Odisha

Rupee to strengthen as dollar seen weak after jobs data: experts

Treasury officials of various banks see the rupee appreciating to the 60 levels this week

BoB not to tap medium term note prog as liquidity comfortable

Says will tap international market when situation is stable