The banking sector is resilient enough and even in a worst-case scenario where all restructured standard loans were to become non-performing assets, the stress would not be significant, a Reserve Bank of India (RBI) report has said.

Stress-tests indicate banking sector resilient: RBI

Press Trust of India

IDBI Bank would watch market conditions till this month-end before taking a call on its lending rates, a top bank official said.

IDBI to decide on lending rate hike after March-end

A day after Bank of India revived its medium-term note (MTN) issue, private sector lender Axis Bank today announced that it planned to raise $300-500 million through dollar bonds.

Axis Bank to issue foreign currency bonds

Business Standard

Inflation prime worry; capital flows not a concern at present.

Borrowings, exit pose challenge

If you are planning to buy your dream home, you still have something to cheer about amidst the buzz that lending and property rates are set to go up.

SBI may extend teaser loan offer beyond Mar 31

Regulator may ask banks not to reckon hybrid capital as part of Tier-I capital.

Tighter capital norms for banks likely

For the first time, the Reserve Bank of India (RBI) said it should be privy to information on activities of investment banks (i-banks) in the country to ensure they did not become a potential cause of financial vulnerability.

RBI, Sebi should monitor i-banks

The Reserve Bank of India (RBI) today said it was ideally placed to address financial stability issues on account of the multiple roles performed by it.

RBI ideally placed to address financial stability issues

Given that companies today operate in a climate of increased global economic volatility, it is critical they hedge their exposure to foreign exchange risk, the Reserve Bank of India has said.

Ask companies to hedge their forex exposure, banks told

The Reserve Bank of India (RBI) today said the banking sector was in a position to withstand asset quality stress even if loans under restructured accounts became non-performing.

Banks have ability to withstand stress

Gaining traction from the economic turnaround, the annual growth in bank credit has for the first time exceeded the Reserve Bank of India&rsquo;s (RBI&rsquo;s) estimate of 16 per cent for 2009-10, giving the regulator more room to raise policy rates to control inflation.

Credit growth exceeds central bank's  target

IDBI Bank today said it has filed for $1.5 billion (6.82 lakh crore) through a medium-term note (MTN) programme, but would raise $230-300 million (Rs 1,680 crore) now depending on market conditions.

IDBI Bank plans $1.5-bn MTN issue

Bank of Baroda (BoB) aims to cover 750 villages of Gujarat with a population less than 2000 people by way of information and communication technologies (ICT) model.

BoB ropes in TCS to cover 750 villages in Gujarat

Reinstating West Bengal's focus on agriculture, the total priority sector lending for the state for 2010-11 has been projected about 44 per cent higher than the present financial year.

Nabard pegs 44% increase for Bengal priority sector lending

Swiss banking major UBS will lay off nearly 200 employees, including 25 managing directors, at its brokerage unit in the US, says a media report.

UBS to cut 200 jobs in US brokerage unit

The US Department of Treasury plans to sell its 27 per cent stake in Citigroup Inc, says a media report. The stake selling is part of a programme of regularly scheduled sales.

US Treasury plans to sell Citi stake, says report

Swiss banking major UBS today said it has appointed Lukas Gahwiler as chief executive officer of UBS Switzerland.

Lukas Gahwiler appointed new CEO of UBS Switzerland

Shareholders of the country&rsquo;s largest mortgage financier, Housing Development and Finance Corporation (HDFC), may be in for a windfall. The company plans to move its investments in non-core unlisted companies to a special purpose vehicle and sell stakes to private equity investors at a substantial mark-up.

HDFC to unlock value from non-core investments

Axis Bank has raised $350 million from the global financial market by issuing five-and-a-half-year bonds under its medium-term note programme.

Axis Bank raises $350 mn via MTN

SKS Microfinance, the Indian lender backed by Sequoia Capital, plans to raise about $250 million (Rs 1,150 crore).

SKS Micro plans Rs 1,150-cr IPO

&ldquo;If the bank has to grow at the rate of 30 per cent, we have to increase our capital every three years.

City Union Bank to raise Rs 1000 cr

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