Page 1441 - Finance News
IL&FS PE arm mulls sector-specific funds
Roads, logistics are priority sectors
 "IL&FS PE arm mulls sector-specific funds")
Bernanke offers no hint of pullback in Fed stimulus
Bernanke told the congressional Joint Economic Committee that the monetary policy is providing significant benefits
 "Bernanke offers no hint of pullback in Fed stimulus")
SBI net may fall 9% in Q4
Consensus among brokerages estimates is an 8.7% fall in net profit and a 1.4% decline in net interest income
 "SBI net may fall 9% in Q4")
Managing state govt debt to be tough in FY14, says RBI
Says states should focus on expenditure compression
 "Managing state govt debt to be tough in FY14, says RBI")
Highway developer Soma Enterprise heads for CDR
The company facing liquidity stress due to delays in payments for contract work
 "Highway developer Soma Enterprise heads for CDR")
Amanath Co-op Bank to auction pledged properties to cut NPA
Withdrawal curbs continue to irk depositors
Banks need to change the way they attract deposits: Report
Rising segment opting for investments in mutual funds, insurance, real-estate, commodities
 "Banks need to change the way they attract deposits: Report")
City Union Bank to raise Rs 700-cr external fund
The bank is looking at different options, including the QIP route, to raise the fund
Banks to finance TNEB's 100% cash loss for FY14
Under earlier agreement, banks were to finance 70% of the electricity board's cash losses
 "Banks to finance TNEB's 100% cash loss for FY14")
Re ends near six-month low on oil importers' $ demand
Fall in domestic shares also dampened rupee sentiments against the dollar
 "Re ends near six-month low on oil importers' $ demand")
J&K Bank targets 25% growth in loanbook in 2013-14
In deposits, it plans 18% growth, with a 20% deposit growth in Jammu and Kashmir and 17% outside J&K
 "Indian banks enjoy trust of customers: Gallup poll")
More steps possible on gold import: Chidambaram
FM also reiterates case for rating upgrade, PSB bank mergers
 "More steps possible on gold import: Chidambaram")
IL&FS eyes acquisitions to grow merchant banking
Inks pact with Chinese finance group for developing infra projects
 "IL&FS eyes acquisitions to grow merchant banking")
Changes possible in next tranche, says RBI
Based on initial experience, open to using CPI as base
 "Changes possible in next tranche, says RBI")
RBI open to using CPI for providing inflation protection in Inflation Indexed Bonds
Currently, WPI inflation will be issued in the first tranche of bonds which will be auctioned on June 4
 "RBI open to using CPI for providing inflation protection in Inflation Indexed Bonds")