Page 1466 - Finance News

A Snapshot of PE activity & deals

Utilities came second, attracting 10.34% across four deals in 2013

For Helion, e-commerce party has just begun

VC firm looks to invest in specialised firms that aren't in a 'rush to grow'

Nabard aid to TN, Puducherry up 34%

It had sanctioned Rs 1,181.10 cr for various infrastructure projects under its RIDF during the period

Nabard extends nearly Rs 13,000 cr to AP

Crop loans released to farmers accounted for bulk of this assistance amounting to Rs 7,986 crore

Nabard assistance to K'taka up 40% in FY13

Housing finance cos rule out reduction in lending rates

HDFC says reduction in interest rate will depend on the cost of funds

Rajiv Anand likely to head Axis Bank's retail liabilities business

And will replace SK Mitra, who is due to retire in July

ICICI Bank shuts door on ex-employees

Ahead of new banks' entry, clampdown seen as a contrarian move

REC to raise up to Rs 37,000 cr in FY14

Funds raised by REC is used in the financing and promotion of power generation, transmission and distribution

India Inc explores new currencies for overseas bonds

One in 4 deals in 2013 was non-US dollar

Rating agencies differ on credit quality outlook for 2013-14

CRISIL says credit quality pressure to ease but Icra believes it will continue unabated

NABARD support soars 256% in Chhattisgarh

Total financial aid for agriculture and rural development activities in state touched Rs 4,388 cr in FY13

Axis Bank launches 'empower home loans' for self employed

Under the scheme, customers can avail a loan of upto Rs 100 lakh in Tier I & Tier II cities, upto Rs 50 lakh in other cities and villages

RBI eases interest rate norm for power debt restructuring

Agrees to a coupon rate of 8.9% for the bonds to be issued by state discoms

RBI to meet bankers on Thursday for pre-policy discussions

Banks will ask the banking regulator to defer the higher provisioning norms on standard restructured advances

Wait for new 10-yr benchmark govt bond gets longer

Liquidity deficit expected to ease

Market expects OMOs up to Rs 75k cr till Sept-end

'ECB norms for HFCs likely to be reviewed'

Government and Reserve Bank may relax norms for paid-up capital and net-owned funds

Deposit rates start falling; lending rates to follow suit

PNB & OBC cut deposit rate; SBI still cautious

Cyprus President says nobody immune from bank collapse probe

Says that the panel will have explicit terms of reference to exclude nobody from probe, even his own extended family