Page 1448 - Finance News
Cobrapost stings SBI, LIC, 21 other banks, insurers
All named institutions deny money-laundering allegations
 "Cobrapost stings SBI, LIC, 21 other banks, insurers")
Lenders recovered Rs 1,000-cr dues from Kingfisher: SBI chairman
The consortium of 17 banks has an exposure of about Rs 7,000 cr to the airline
 "Lenders recovered Rs 1,000-cr dues from Kingfisher: SBI chairman")
RBI committee bats for help to exporters
Panel says there is an urgent need to boost India's exports so that the trade deficit is narrowed down and CAD stays within the projected cap
 "RBI committee bats for help to exporters")
Sandeep Gupta is MD of corporate finance division at IDFC Capital
Will look after financial services and financial sponsors of IDFC
 "Sandeep Gupta is MD of corporate finance division at IDFC Capital")
Cobrapost: Act, against employees, govt directs banks
Authorities have also asked for a detailed report on utmost priority with the name of the employee, his designation and action take
 "Cobrapost: Act, against employees, govt directs banks")
No immediate cut in lending rates: SBI
Bank says with repo rate cut it does not get savings as its total repo borrowing is Rs 20,000 cr
 "No immediate cut in lending rates: SBI")
Operation Red Spider 2: Modus operandi, allegations and targets
A look at how Cobrapost went about Operation Red Spider 2
South Indian Bank Q4 net up 26% at Rs 154 cr
Bank recommends a dividend of 70%
 "South Indian Bank Q4 net up 26% at Rs 154 cr")
Cobra stings again, 23 new institutions named
Staff of PSU banks, bank aspirants also caught offering money laundering solutions in a new expose
 "Cobra stings again, 23 new institutions named")
No sovereign bond issue: Raghuram Rajan
says I am not saying these things will never change...at this point, there is no reason to look at sovereign bond issue
 "No sovereign bond issue: Raghuram Rajan")
8% growth feasible: Rajat Nag
Interview with managing director-general, Asian Development Bank
Japanese investors see India as No 2: Hiroshi Watanabe
Interview with Hiroshi Watanabe, Japan Bank for International Cooperation
Bankers referred Rs 7,600-cr debt for recast in April
A PSB executive said the scale of loan recast was high since three big-ticket cases, including one in thermal power generation, of CPL, were referred to the cell
 "Bankers referred Rs 7,600-cr debt for recast in April")
Murugappa's NBFC to apply for NHB licence
In February the company raised around Rs 300 cr via equity issue
 "Murugappa's NBFC to apply for NHB licence")
Vijaya Bank targets 25.3% growth in business in FY14
It plans to increase the branch network to 1,500 and expand the ATM network also to 1,500 by March 2014
Signing of WTO trade facilitation deal vital for global value chain: OECD
An agreement on trade facilitation refers to reduction in red tape and enhancing customs cooperation
 "Signing of WTO trade facilitation deal vital for global value chain: OECD")
'Tax harmonisation is important if India wants more foreign equity'
JBIC President says India will not be able to invite foreign investment without loosening tighter tax control measures
 "'Tax harmonisation is important if India wants more foreign equity'")
Curbing bank funds will spike prices,help grey mrkts:Jewellers
RBI last week further tightened the screws on both bank and non-banking finance companies into gold funding
 "Curbing bank funds will spike prices,help grey mrkts:Jewellers")
RBI unlikely to cut interest rate on June 17: experts
'Monetary policy will also have to remain alert to risks on account of the CAD and its financing, which could warrant a swift reversal of the policy stance'
 "RBI unlikely to cut interest rate on June 17: experts")