Page 1453 - Finance News
Facing challenges in maintaining current lending levels: ADB
'We have no solid base of capital to continue to lend at higher levels than before,' it says
 "Facing challenges in maintaining current lending levels: ADB")
Saradha due to formal financial system's failure: RBI
KC Chakrabarty was referring to the recent scam which has defrauded people for several thousand crore rupees
 "Saradha due to formal financial system's failure: RBI")
ChrysCap close to buying 10% stake in CavinKare for Rs 350 cr
The FMCG company will use the proceeds from the proposed stake sale to expand its product portfolio
 "ChrysCap close to buying 10% stake in CavinKare for Rs 350 cr")
PE directors wary of Companies Bill
Private-equity-nominated directors on company boards will face greater scrutiny if Rajya Sabha passes the Bill
Deepak Parekh steps down as IDFC chief, to chair advisory council
He would however continue to be associated with the company as chair of the advisory council
 "Deepak Parekh steps down as IDFC chief, to chair advisory council")
It's time RBI supports growth
Soft outlook on commodity prices brings down full year WPI projections to 6% levels in FY14
 "It's time RBI supports growth")
Sebi finding ways to tackle 'regulatory arbitrage'
Sebi is hosting the three-day meeting of this Committee here, which ends today
 "Sebi finding ways to tackle 'regulatory arbitrage'")
Indian Overseas Bank to raise $2 bn through MTN
Also to look at rights issue, FPO to raise Rs 2,350 cr to support its 18-20% growth target in FY14
 "Indian Overseas Bank to raise $2 bn through MTN")
RBI may sweeten rate cut with lower reserve ratio, dovish talk
Slowdown in inflation, decade-low GDP at 5% and expected lower CAD spur expectatiions for a less hawkish guidance from RBI
 "RBI may sweeten rate cut with lower reserve ratio, dovish talk")
Majority expects easing cycle to continue in May 3 policy review: RBS survey
The survey points out that market participants are evenly split between 25 bps cut in CRR and no cut
 "Majority expects easing cycle to continue in May 3 policy review: RBS survey")
Margins drive private banks' profitability
According to bankers and industry analysts, the growth in private banks' credit portfolio was driven by higher demand for retail loans
 "Margins drive private banks' profitability")
Bank retail credit up 14.5% in March
Loan growth slows down in priority sector
Inflation down, FinMin bats for rate cut
Inflation-indexed bonds to be launched by May, says Economic Affairs Secretary Mayaram
 "Inflation down, FinMin bats for rate cut")
Bank retail credit grows 14.5%
Loan growth in priority sector slows down
 "Bank retail credit grows 14.5%")
RBS survey sees RBI cutting lending rate by 0.25% on Friday
The survey pointed out that market participants are evenly split between 25 bps cut in CRR and no cut
Interest in inflation-indexed bonds, but clarity needed on structure
The bonds, which will protect both the principal & interest components from inflation risks, may have fixed coupon rate
 "Interest in inflation-indexed bonds, but clarity needed on structure")
JPMorgan banker pay beats Goldman as Europeans trail
Managing directors in JPMorgan's mergers advisory and underwriting teams earned an average of $1.7 mn in total compensation for 2012
 "JPMorgan banker pay beats Goldman as Europeans trail")
Govt mulls relaxing ECB norms for low-cost housing
ECB is an instrument to facilitate access to foreign money by Indian corporations and public sector undertakings
 "Govt mulls relaxing ECB norms for low-cost housing")
CII hopes for 50 bps cut in interest rates
CiI expects an indication that RBI is open to bringing it down by 100 bps in long term