Page 3155 - Finance News
Lower deposit rate and pass the benefit to borrowers: FM to banks
Chidambaram also asks these not to rush for bulk deposits to bloat balance sheets
70% loss cover would have wiped out PSBs' profits
Provision coverage ratio is the ratio of provision to gross non-performing assets
October inflation beyond comfort zone, says RBI
The gross NPAs of some public sector banks had crossed four per cent of their total assets at the end of September
Rupee tumbles 26 paise to 54.96/dollar
Increased demand for dollar from importers, weakening of Asian currencies in overseas markets put pressure on rupee
Cooperatives are model for inclusive growth: D Subbarao
Weak finances, growing NPAs, poor resourse base factors contributing to declining performance of cooperatives at bottom level
No new banking licences without legal backing: Subbarao
Yesterday, Chidambaram had said he had asked RBI to finalise the guidelines for new bank licences
'Casino banking' can put us in danger: Subbarao
Recent financial crisis underscored the dangers of over-financialisation of the real economy
Governance in coop banks lack professionalism: Subbarao
RBI Governor says boards of the cooperative banks need to restrict their role to governance and let the senior management manage the day-to-day operations
16 Indian-origin execs on Goldman Sachs MDs list
US financial services giant also names 70 individuals as partners, 3 with Indian roots
'New bank licences 8-9 months after enabling legislation'
RBI said a panel would be set up to vet the applications of prospective entrants
Bond street warms up after a 6-month lull
OBC, Syndicate Bank plan to raise Rs 2.5k cr from private placement
Re may weaken further, gilt yields to trade in a range
Strong demand from importers, weak equities see slide in Indian currency
Rupee worst performer globally during one-month period
As against the US dollar, the rupee has sharply fallen from 52.88 levels one month ago to 55.16 on Friday, marking a drop of over 4.2%
Bank NPAs soar by 86% in first half of FY13
Sharp rise in bad loans comes at a time when no of CDR cases has also grown to record-high levels
IOB plans perpetual bond issue for fund-raising
Perpetual bonds are quasi-equity in nature and are considered as part of the tier-I capital
RBI must enter forex market to support rupee, curb inflation: BoA-ML
Brokerage firm says the rupee will remain volatile till RBI recoups the forex reserves of $65 billion
RBI, CCI to vet all banking mergers
CCI to examine competition part of deals, RBI prudential aspects