Page 1364 - Finance News
SBT introduces 'Doorstep Banking' facility
The van will be deployed to pick up cash from the doorsteps of business and government establishments
MFI Bandhan applies for banking licence
Once the MFI converts into a bank, it will be able to slash interest rates by 10%
 "MFI Bandhan applies for banking licence")
Muthoot Finance applies for bank licence
The company intends to leverage its strong presence in rural India where it's been offering gold loan services
 "Muthoot Finance applies for bank licence")
Shriram Capital applies for bank licence
The financial services keen to continue inclusive growth story on a banking platform
 "Shriram Capital applies for bank licence")
Jet Airways, HDFC Bank launch 'JetPriviledge-HDFC World Debit Card
Will allow users earn JPMiles on all daily purchases in stores or online
 "HC to hear Kapur's petition on YES Bank board seat today")
King recovers from northern rock stumble to leave BoE
King, 65, now hands an enhanced BoE to Mark Carney on July 1 after 10 years at the helm of UK policy making
India Inc making a beeline for banking
Reliance Capital has roped in Japanese investors for banking foray
 "India Inc making a beeline for banking")
Three executives to join YES Bank board
No word on appointment of Shagun Kapur Gogia
 "Three executives to join YES Bank board")
BS poll: FDI reforms to help rupee gain
Median forecasts by 10 currency experts show Rs is expected to trade at 58.75 against $ in a month
 "BS poll: FDI reforms to help rupee gain")
 "Board composition in top private banks")
UCO Bank to seek capital from govt to meet Basel-III norms
Arun Kaul said that bank had adopted a strategy to diversify portfolio from large corporates to MSME, retail and agriculture
 "UCO Bank to seek capital from govt to meet Basel-III norms")
Credit growth slows in major sectors: RBI data
In the personal loans segment, credit to consumer durables grew 22% compared to 13.5 last year
 "Credit growth slows in major sectors: RBI data")
RBI norms on wealth mgmt services to be tightened
Move comes after alleged violations in KYC, AML rules by banks
 "RBI norms on wealth mgmt services to be tightened")
Is the rupee still overvalued?
Nomura said the rupee was still 17.6 per cent overvalued
 "Is the rupee still overvalued?")
RBI Committee to study financial benchmarks
Also to study international experience in addressing issues relating to benchmarks and draw suitable lessons relevant to the Indian context
 "RBI Committee to study financial benchmarks")
'Aditya Birla confident of getting new bank licence'
Promoters will dilute their stake in company's non-banking arm to meet RBI norms
 "'Aditya Birla confident of getting new bank licence'")
Banks seek higher cover on loans to realtors as prices fall
Pressure on developers to offer discounts is the main trigger
 "Banks seek higher cover on loans to realtors as prices fall")