Page 1347 - Finance News

ICICI Bank Q1 net up 25%, meets forecast

Net interest margin at 3.27% for the quarter-ended June compared with 3.01% a year ago

NRI bonds fraught with legal challenges, says SBI chief

Pratip Chaudhuri said such bonds might expose issuing entities (banks) to class action suits in the US for making an offer to a specific ethnic group in that country

The currency fall

The danger of defending the rupee revealed

Interest rate cycle takes a U turn with banks start hiking rates

YES Bank hikes base rate; HDFC Bank, Axis ups deposit rates

Cholamandalam Investment decides to halt gold loan lending

Its gold loan disbursed, outstanding stands at Rs 19 cr that constitutes less than 1% of net managed assets

Yes Bank first to raise rates after RBI's liquidity measures

Bank raised base loan rate by 25 bps and fixed deposit rates by 25 to 50 bps

Bank of India puts up NPAs with outstanding Rs 1,500 cr for sale

Some of borrowers whose NPAs being sold include Pyramid Saimira, Koutons Retails, and XL Energy

Rupee approaches record low; breaches 61

RBI intervenes, but traders say currency to fall further unless steps taken

Rapid depreciation of the rupee put us in a vicious spiral: D Subbarao

Interview with RBI governor

India Inc braces for steep fall in demand

Slowdown expected in fresh investments; rate-sensitive sectors to take a hit

SBI to review rates if liquidity curbs continue over 3 weeks

Banks seek forbearance on restructured loan provisions

In view of mounting corporate debt, banks on Tuesday sought forbearance in making provisions for restructured loans

More cuts in repo not expected this financial year

RBI has kept key policy rates, CRR unchanged in first quarter policy review

Bankers ask RBI for relaxation

Say surge in bond yields will hit balance sheet valuations; turned down on CRR plea

'Approval for Srinivasan at YES Bank was for one year'

The appointment of the 69-year-old former RBI executive is currently being contested by Madhu Kapur

Subbarao's impossible trinity

Stability-oriented monetary policy: S S Mundra

RBI is confident sufficient business would continue to flow to the banking sector in the second half of 2013-14

Milder stance compared to last policy: Keki Mistry

Bond yields, which had spiked sharply following RBI's liquidity tightening measures, softened after the policy announcement

Real estate sector needs incentives: Rajeev Talwar

Industry is not asking for any stimulus or any additional measure. It is just looking for ways of promoting growth

RBI shoulders arms: Sajjid Chinoy

RBI stayed on hold, signalling that the unconventional monetary tightening was meant to be temporary