Page 1460 - Finance News

Will go full throttle to recover dues from KFA: SBI Chief

State Bank of India is the leader of consortium of lenders to grounded airline Kingfisher

SBI mulls merging one of its associate banks this year

Additionally, the country's largest lender will seek a go-ahead for raising capital from an institutional placement of shares

SBI sees no stress in gold loan portfolio

The Chairman of the country's largest lender said the bank's LTV ratio is based on the prices of the peak value

Falling gold prices not a cause of worry: Federal Bank

Also allays fears regarding change in Saudi Arabia's immigration policy

Rate cut in May likely, but not a done deal: Nomura

Attaches 80% probability that the RBI will cut repo rate by 25 bps on May 3

Regulators gaining against too-big-to-fail bailouts

Lehman International creditors might be repaid in full, says PwC

Some $20.9 bn worth of assets, including cash and securities, have been returned to former clients

Re-insurers beef up capital, after a year of catastrophe loss

Yash Birla firm faces Rs 1,000-cr loan recall

The company had borrowed about Rs 1,000 crore from 11 lenders for the first phase. The loan had a tenure of 10 years

Despite sharp fall in stock prices, gold loan firms put up a brave face

Say fluctuations factored in; robust collection mechanism caps risk

Banks put properties worth over Rs 20k cr on the block to recover dues

NPAsource.com has registered 21,470 properties across Indian cities

Co-operative bank sees over two-fold increase in new deposits

The Vizag-based bank posted 51 per cent growth in advances during FY13

Assocham favours 10 new banks initially

In a note submitted to the RBI, the chamber has further suggested that well-run large NBFCs should be considered for new bank licence

New law restricts securitisation in MFI

Budget announcements and RBI guidelines on minimum retention period hold back deals

Union Bank hits global debt market with $500 mn bond issue

This has comes days after successful bond issuances by State Bank of India last last week and a dozen of corporates in recent months

Over 1 lakh e-auctions for NPA properties expected in 2013-14: NPAsource.com

Retail, agricultural, commercial and industrial NPA properties to be e-auctioned

G7 central banks shown yellow card

Prolonged monetary easing after Lehman crisis risky and difficult to disengage from, says IMF

Bankers count on watered down EU trading tax

Private banks eye a bigger share of agricultural loan business

Dena Bank expects Rs 1,260 cr capital infusion

The Mumbai-based bank expects 25% growth in credit and 22% growth in advances