Page 2012 - Finance News
Banks require Rs 2.7 lakh cr capital for Basel-3: Crisil
Of this banks need to raise Rs 1.3 lakh cr as equity tier 1 capital, up to Rs.1.4 lakh cr as non-equity tier 1 capital
 "Banks require Rs 2.7 lakh cr capital for Basel-3: Crisil")
India's first social sector pvt equity fund gets SEBI nod
The Ahmedabad-based social venture fund has been accorded registration by SEBI under SEBI Alternative Investment Fund (AIF) regulation 2012
Bandh cripples banking operations on day 2
Public transport paralysed in most cities, situation remains tense in Noida
 "Bandh cripples banking operations on day 2")
Bank of Baroda ups lending rate by 50 bps
Bank of Baroda ups lending rate by 50 bps
Federal Bank cuts base rate by 0.25 per cent
The rate cut comes in after similar calls by a slew of state-run lenders
Govt may infuse Rs 20,000 cr capital in PSU banks in FY'14
Government banks have submitted a capital requirement plan to FinMin
 "Govt may infuse Rs 20,000 cr capital in PSU banks in FY'14")
 "Indian Overseas Bank to raise Rs 1000 cr through preferential issue")
Life normal in West Bengal on second day of trade union strike
Customers were highly inconvenienced as banks were closed in the state with many ATMs remaining non-functional as well
Banking, postal services hit on 2nd day of strike in TN
Transaction of cheques worth Rs 3,000 crore in Chennai were affected today while most of the ATMs of several banks dried out due to lack of cash
 "Banking, postal services hit on 2nd day of strike in TN")
 "PEs still cautious about investing in MFIs")
 "E-retailers stare at bleak funding scenario")
Banks step up efforts to prevent credit card frauds
Move follows rising instances of phishing and skimming attacks
 "Banks step up efforts to prevent credit card frauds")