Page 1462 - Finance News
Inflation indexed bonds may be issued in a month: RBI
The bonds will help investors hedge their savings against inflation
 "Inflation indexed bonds may be issued in a month: RBI")
SBI hits international bond market to raise $1 bn
The bonds are being offloaded through SBI's London branch and will be listed on Singapore Stock Exchange.
 "SBI hits international bond market to raise $1 bn")
Union Bank of India to raise $500 mn via MTN
The bank will start road shows for the issue from next week
 "Union Bank of India to raise $500 mn via MTN")
Cobrapost expose: RBI initiating action on banks
ICICI, HDFC Bank and Axis Bank -- were last month named by online portal Cobrapost for indulging in money laundering
 "Cobrapost expose: RBI initiating action on banks")
Asset-financing NBFCs could be hit by slow car sales
There was no respite for infrastructure finance companies as well, as these are experiencing falling growth in disbursements
Mobile banking transactions double, payments rise threefold
The popularity of the platform has also convinced state-run lenders and co-operative banks to introduce mobile applications
 "Mobile banking transactions double, payments rise threefold")
In FY13, firms borrow more from non-banking sources
Raise Rs 7.3 lakh cr via bonds, CP vis-a-vis Rs 6.5 lakh cr through bank credit
 "In FY13, firms borrow more from non-banking sources")
 "Despite high CAD, rupee remains range-bound")
Gaurav Mathur launches InVent Capital
Formal launch only after two-three months due to a non-compete deal with IEP management
South & west race ahead in bagging real estate PE deals
84% of the Rs 27,907 cr PE funds have gone into projects in B'lore, Chennai, Pune and Mumbai
 "South & west race ahead in bagging real estate PE deals")
FM to sell India as an investment destination
Canadian pension plans have emerged significant players with large-scale and diversified investments
 "FM to sell India as an investment destination")
Shorter tenure bonds see higher trader interest
Trading volumes in 5-year bond exceed 10-year benchmark
 "Shorter tenure bonds see higher trader interest")
Ratnakar Bank raises Rs 324 cr equity capital
The bank issued 30 million new shares to investors
 "Ratnakar Bank raises Rs 324 cr equity capital")
End DBT infrastructure in 78 more districts by May 31: Govt to banks
The second phase of ambitious DBT scheme is scheduled to operational from July 1
 "End DBT infrastructure in 78 more districts by May 31: Govt to banks")
Firms invest $1.88 bn abroad in March
In February, Indian companies had invested $1.66 billion overseas
RBI to clear the air on who controls an Indian entity
Clarity to help operationalise the controversial FDI policy of 2009
 "RBI to clear the air on who controls an Indian entity")
Ratnakar Bank raises Rs 324 crore equity capital
Issues 30 million new shares to global, domestic investors
 "Ratnakar Bank raises Rs 324 crore equity capital")
FSDC sub-committee to discuss inflation-linked bonds tomorrow
Views of other sector regulators to be taken into account for formulating inflation indexed bonds, proposed in Union Budget for FY14
 "FSDC sub-committee to discuss inflation-linked bonds tomorrow")