Page 1906 - Finance News

Budget 2013: Farm credit enhanced by Rs 1.25 lakh crore for FY14

Allocates additional Rs 10,000 crore in subsidy for implementing Food Security Bill

First all-women bank by Oct: Chidambaram

Govt has announced an initial capital of Rs 1,000 crore for the purpose

Banks can act as insurance brokers: FM

However, the move comes at a time when bancassurance norms underlining the same reform is still under discussion before Irda

Women's share grows in Budget speech, literally

When it comes to usage of words in the budget speech, terms like women, youth and investors grew in count from the last year levels

Govt to infuse Rs 14,000 cr in public banks during FY14

Implementation of Basel III capital regulations envisage enhancing requirement of core equity capital by banks due to higher capital ratios

State-owned banks' bad loans manageable

The economic slowdown, a rise in interest rates and aggressive lending in good times led to a sharp rise in bad loans

Dip in inflation makes case for rate cut

Survey says global financial conditions continued to remain too fragile to provide any external growth stimulus to the economy

A deal-making craze? Yes, with caveats

PE companies look at growing opportunities in logistics sector

HDFC Bank raises $500 mn

SBI cuts premium on senior citizens' deposits

The new rates will take effect from Friday

Blackstone calls off deal with Visa Power

Private equity investments in power companies saw a fall of 74% in the last two years

Standard Chartered in talks to acquire Morgan Stanley India wealth unit

Banks, Electrosteel in talks to tie up funds for steel project

ESL saw a delay in commencement of commercial operations and was hit by cost escalation

Nabard projects credit plan of Rs 68,172 cr for state in FY14

The theme for 2013-14 will be Critical Rural Infrastructure for Agriculture and Rural Development

SBI raises fixed deposit rates by 0.25%

New rates effective from Mar 1, applicable for 4 categories with maturities of over one year; cuts premium on senior citizen deposits

Nod to realtors and brokerages if fit and proper: Chakrabarty

Initially, the August 2011 draft norms released had virtually barred realtors, brokerages from its eligibility criteria

Retail bond issue down 78% in FY13 as loan demand declines

IIFCL to launch credit enhancement scheme

Govt extends RBI dy governor Sinha's term till Jan 2014

He is the architect of new banking licence guidelines RBI