Page 3151 - Finance News
Like doctors, banks also should work beyond business hours: Rana Kapoor
He was speaking at a session on 'Financing Next Generation Corporations at the World' Economic Forum.
Rupee up for second day, risk assets rally on Obama win
Traders expect the United States to continue with its quantitative easing programme
Enzen Global Solutions to raise $50 mn
Second round of fund raising could go up to $80 million PE investor Monsoon Capital might look at part-exit
RBI issues guidelines on liquidity management
Asks banks to fix lower limit for inter-bank liabilities
UCO Bank's net profit falls 55%
Net NPA ratio increased 83 basis points (bps) to 2.94%
Rupee drops by 29 paise to 54.49/dollar
Fresh dollar demand from banks and importers on the back of higher dollar in overseas market weigh on rupee
Banks' retail fee income gains momentum
Overshadows slowdown in corporate fee income
Federal Bank launches IMPS-merchant payment service
This service allows Federal Bank customers to make payments to merchants via mobile phone
Public sector banks account for bulk of customer complaints
The number of complaints increased by 2.3 per cent year-on-year to 72,889 with 40 per cent coming from major metropolitan cities
Banks' risk aversion led to higher investment in G-secs: RBI
Total loans and advances witnessed moderation in growth compared with the previous year
Non-banking financial sector seeing consolidation
According to the report, the combined balance sheets of financial institutions expanded in 2011-12
New bank licences only after RBI Act amendment
The banking regulator has made it clear that it needs more power before it could invite new entrants
PSBs' incremental equity need at Rs 80,000 cr by 2018
For full Basel-III implementation, PSBs would need common equity of Rs 1,40,000-1,50,000 cr on top of internal accruals
Two-thirds of customer complaints against PSBs
Govt banks account for 70% of complaints received during 2011-12
Govt banks couldn't meet priority sector lending targets in 2011-12
Six of the private banks also couldn't achieve the overall priority sector lending target
Most banks wary of growing unsecured loan portfolio
Home loans are the safest bet for banks