Page 2014 - Finance News
Final banking licence guidelines soon: RBI Deputy Governor
The guidelines would pave the way for corporate houses to enter the banking sector
 "Final banking licence guidelines soon: RBI Deputy Governor")
Reliance MF launches RGESS compliant fund
The new fund offer opened for subscription on February 19 and closes on March 15.
ICICI-led Infradebt fund launched
The fund will finance its first project by the end of next month
Espirito Santo forays into investment banking in India
The company has appointed George Mathew as Head of Investment Banking in India
 "Espirito Santo forays into investment banking in India")
GSK Pharma Q4 net inches up 1.3% at Rs 138 cr
Net sales of the company stood at Rs 657 crore
 "GSK Pharma Q4 net inches up 1.3% at Rs 138 cr")
As banks cut rates, NBFCs offer higher returns
Top commercial banks offer 8.5-9% interest rates a year on fixed deposits with maturity of 2-3 years
 "As banks cut rates, NBFCs offer higher returns")
Negotiations with KFA have not been fruitful: SBI chairman
Says so far the approach was to revive the airline but now the effort is to realise the securities
 "Negotiations with KFA have not been fruitful: SBI chairman")
Aspirants to get a year to set up banks: Sinha
New norms ‘much before’ March end, says RBI deputy guv
 "Aspirants to get a year to set up banks: Sinha")
 "Room for monetary easing limited, says RBI governor")
St expects more OMOs, CRR cut to ease liquidity deficit
Bank borrowing under LAF touches Rs 1.26 lakh crore
 "St expects more OMOs, CRR cut to ease liquidity deficit")
'SBI should be able realise good part of Rs 1,700 cr'
Stating that banks' efforts are now towards recovering full amount of loans from Kingfisher and not reviving the airline, SBI today said it should be able to regain a good part of its 1,700 crore dues
Increase in NPA due to stress in iron, steel & textile sector: SBI
SBI's bad assets as gross NPA level touched 5.30% in the quarter, compared to 4.61% in the same period last fiscal
 "Increase in NPA due to stress in iron, steel & textile sector: SBI")
Negotiations with Kingfisher Airlines have not been fruitful: SBI Chairman
The Bank doesn't expect more provisioning to the Airline, which was grounded on October 1, 2012
Bad loans of listed banks rise 50%: study
NPAs in the Indian banking sector may come under control if interest rates begin to go down
Nearly 209 co-oper banks need to raise Rs 4,024 cr by 2014-15 : RBI committee
Banks required to raise Rs 6,498 crore by 2016-17 to achieve a CRAR of 9%
 "Nearly 209 co-oper banks need to raise Rs 4,024 cr by 2014-15 : RBI committee")
Danish bank enters India
Saxo bank is recognised worldwide with clients for excellence in service & technology
 "Danish bank enters India")