Banks, which of late are seeing lower repayments from microfinance institutions, are facing a similar problem again. This time, it&rsquo;s from the government-nurtured self-help groups (SHGs).

Self help groups delay payments to banks

Business Standard

Bank to argue with the Reserve Bank that new norms don&rsquo;t apply to floating rate schemes.

SBI to seek lower provisioning for special home loans

The Credit Deposit Ratio (CD), of commercialbanks (CBs) and regional rural bank (RRBs) declined to 109 per cent as of March 31, 2010 from 114 per cent, in Tamil Nadu. However the CD ratio of the Co-operative Banks has increased to 141 per cent from 107 per cent. According to industry representatives, there is no unbanked block in the state.

Credit deposit ratio of banks declines to 109%

State Bank of India (SBI) has done away with the fixed rate on home loans in the initial years and offered a fixed discount instead, but the move is unlikely to impress the Reserve Bank of India (RBI).

RBI asks banks for fixed spread on retail loans

Considering the needs of the speedy credit linkage and assisting the Self Help Groups in various documentation procedures and keeping records and necessary skill building, Bank of Maharashtra has opened its specialized branch for Self Help groups. The deputy Governor of RBI Dr Subir Gokarn on Sunday inaugurated Bank of Maharashtra&rsquo;s first specialized SHG Branch in Pune.

BOM opens special branch for SHGs

Express concern over slow deposit growth in pre-policy meeting with RBI.

Banks want cut in CRR, SLR as liquidity remains a concern

Mutual funds invested in short-term money market instruments today due to inflows in their schemes. The rates also fell by five to eight basis points due to buying interest, dealers said.

Short-term debt rates decline

Banks, starved of liquidity, are competing with each other in offering attractive interest rates on fixed deposits.

Banks in cut-throat competition, two more raise deposit rates

State Bank of India&rsquo;s non-performing assets are likely to have peaked in Oct-Dec, but it would have to make provisions of Rs 400-500 crore every quarter to achieve 70 per cent provision coverage ratio by September 30, a senior official at the bank said.

SBI's NPAs may have peaked in Q3, says official

Those with plans to enter the wealth management business want to first put in place robust processes.

Govt banks tread with caution after Citi scam

Local banks in India are joining Goldman Sachs in predicting benchmark borrowing costs would climb one percentage point in 2011 before a report this week forecast inflation accelerated for the first time in three months in December.

'Dramatic' inflation rise fuels rate bets

SKS Microfinance, the only listed microfinance institution (MFI) in the country, has reduced interest rates from 26.69 per cent to 24.55 per cent.

SKS cuts interest rate to 24.55%

State Bank of India (SBI) opened its first Financial Planning and Advisory Services centre in the country here on Tuesday. The bank now proposes to set up 50 such centres across the country.

Now, a centre for financial advisory services from SBI

The interest rate on fixed deposits with a maturity period of 1-2 years has been increased by 25 basis points to 9.0 per cent, IndusInd Bank said in a statement.

IndusInd Bank hikes deposit rate by 25 bps

Press Trust of India

Market regulator Sebi today said that it is looking into the idea of setting up SME Exchanges even though no bourses have formally approached it.

Sebi mulling setting up of SME Exchanges: Bhave

State Bank of India Chairman O P Bhatt expects the Reserve Bank to raise its key policy interest rates by at least 25 basis points in the forthcoming quarterly review to tame inflation.

RBI likely to hike interest rate by 25 basis points: Bhatt

Home loan rates hit 10%, as do preferred corporate loans.

Double-digit lending rates are back, early respite unlikely

With inflation still at elevated levels, banks and key decision makers are bracing for an increase of up to 50 basis points (bps) in key policy rates.

Banks expect up to 50 bps rise in policy rates

The guidelines for initial public offers (IPOs) by life insurance companies would be released early next month, the Insurance Regulatory and Development Authority (Irda) said on Wednesday. Non-life insurers might have to wait for a few more months, though.

Norms for life insurers' IPOs next month, says Irda

PEs confused over fixing conversion price and ratio fixed upfront.

New FDI policy on convertibles hits private equity deal-making

Mitsui &amp; Co is in talks to acquire the remaining stake it doesn&rsquo;t already own in Brazilian grain broker Multigrain SA from CHS Inc and another shareholder, two people familiar with the discussions said.

Mitsui in talks to buy broker Multigrain

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