Page 3157 - Finance News
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
Late morning deals see rupee at 55.04/dollar
Sustained foreign capital inflows into the equity market mainly boosted rupee value against the dollar
Karnataka Bank raises Rs 250 cr by issue of debentures
The issue of the bonds with a tenor of 10 years was opened for subscription on Oct 22 and closed on Nov 12
No target or band has been set for rupee: Gokarn
The rupee was the worst performer amongst the 25 leading global currencies last month losing over 4.2%
RBI cancels licence of Ghaziabad Urban Cooperative bank
RBI had granted it a licence in April, 1997.
FinMin relaxes norms for top jobs in govt banks
Bankers said the criteria for CMD had been relaxed due to lack of eligible candidates
Banks ready, but borrowers missing
Bankers say even though capital isn't an issue, the corporate lending pipeline is dry due to high interest rates and supply bottlenecks