Page 3159 - Finance News
RBI overplaying inflation, says Jagdish Bhagwati
The noted economist says the central bank should now start focusing on growth
Banks to face penalty for violating info sharing norms
RBI has asked banks to develop a proper information sharing mechanism in the wake to sharp increase in NPAs
Hyderabad Angels gives start-ups a boost
Seeks firms with flexibility, ability to attract more players, and a credible vision
Banks hasten for short-term deposits
Rollover need swells, with Rs 100,000 cr to mature by December and growth in these lagging credit demand
Rupee down 6 paise at Rs 55.18/dollar
Fresh demand for the US currency from banks and importers erases initial gains
RBI Governor urges separate laws for Islamic banking
Subbarao says under present legal set up, Islamic banking is not permissible in the country
HDFC Bank knocks Punjab govt door
Apart from providing working capital support, the bank says it will also be a partner in the progress of new ventures in the state
Fitch downgrades Canara Bank, reaffirms SBI, PNB
BOB's rating was also reaffirmed by the ratings' agency
Banks told to assign reasons for rejecting education loan: govt
Indian Banks' Association has advised the banks to give wide publicity to their grievance redressal mechanism on education loans
Bad loans of state-run banks are Rs 1.43 lakh cr as of Sept
Non-performing assets were Rs 1.12 lakh crore as of March 31, 2012
RBI to issue Rs 500, Rs 10 banknotes with rupee symbol
The design of these banknotes to be issued would be similar in all respects to the banknotes issued earlier in the 2005 series
HDFC Bank opens 36 new branches in Haryana
The bank also launched Bharat Credit Card for farmers
Yield on 10-year benchmark gilt at 12-week high of 8.23%
Speculation on govt resorting to additional borrowings to cut fiscal deficit pushes up yields
Fitch downgrades Canara Bank's viability rating
Viability ratings are designed to be internationally comparable and represent Fitch?s view on the intrinsic creditworthiness of an issuer
Ratnakar Bank: From NH4 to NH8
The Kolhapur-based private lender has set its sights on entering new regions