Page 2015 - Finance News
PSU bank staff to go on two-day strike from Feb 20
Apprehending disruption in their normal banking operation, many banks have already informed their customers about the proposed strike
 "PSU bank staff to go on two-day strike from Feb 20")
Central Bank of India to get capital support of Rs 2,406 cr
The infusion of capital will be done by issuing 308,461,538 fresh shares to the President of India at Rs 78 unit
 "Central Bank of India to get capital support of Rs 2,406 cr")
 "One-man bank keeps German village business running")
 "MFIs will be relevant for 10-15 years as our banking system is inefficient: Chakrabarty")
India's room for monetary easing is limited: Subbarao
Estimates economic expansion of 5.5% for the 12 months through March 2013
 "India's room for monetary easing is limited: Subbarao")
RBI to cap interest charged by MFIs at 26%
Also rules out raising of margin cap, the difference between income earned by MFIs and cost of borrowings, from 10% to 12%
 "RBI to cap interest charged by MFIs at 26%")
RBI sees limited room to ease policy
Says there are upside risks to inflation resulting from food and commodity prices
More investors eye entry into Shariah-based funds
First VC fund based on Islamic principles begins giving returns
ICICI Venture raises $700 mn in 2012
Closes $100-mn realty fund raising for infrastructure, special situation funds in full swing hopeful of turnaround in sentiment
All that glitters is gold for private equity investors
Rao committee's proposal to raise loan-to-value ratio triggers rally in share prices of gold loan companies
Sequoia eyeing stake in Medimix maker, Cholayil
Talks on for estimated Rs 135 cr of funding to fund expansion
Regulatory hurdle hits largest PE deal in pvt security sector
FIPB refers Rs 500-crore CX Partners-SIS deal to RBI
Kochi Startup Village planning to set up centre in US
Facility planned by the tech incubator to act as landing pad for Indian startups eyeing markets there
Seeking exits: $12 bn stuck in infra segment
PE exit value across all sectors rose 50% to $3.4 bn in 2012, says E&Y
 "VC investors welcome M&As in e-commerce")
 "Citigroup, Blackstone vie to infuse Rs 538 cr in Shriram's cement biz")