Page 3166 - Finance News
Kingfisher lenders to hold emergency meeting today
They will look at legal options for recovery of dues
Raise key tariffs: Parekh panel
It wants govt to remove delays in land acquisition and environmental clearances, and clear air on taxation issues such as GAAR
Rupee rises to 52.15/dollar
Dealers cite inflows from Indian Railway Finance Corp's recent $300 mn bond sale
Govt relaxes subsidiary norms for foreign-owned NBFCs
NBFCs with foreign holding of more than 75% can now open any no. of subsidiaries
Banks borrow Rs 5,920 cr via LAF window
Last week the average borrowing by banks under daily LAF stood at Rs 71,520 crore
Inflation will remain a factor in RBI policy: Subbarao
He said RBI will make an assessment of inflation, the external sector and the fiscal outlook in its monetary policy
Central Bank of India to add 1,750 ATMs in next 6 months
The teller machines will be added on an outsourcing model.
Kingfisher lenders to release money to pay salaries
Move follows IT dept's decision to lift freeze on some bank accounts
Draghi sees major progress
ECB chief satisfied with bloc countries' efforts to improve economies and health of banks
SBI battles HDFC for retail loan share
Country's largest bank offers lower rates but delivery challenges remain
'Fiscal deficit important policy input'
RBI reviews general macro situation, Kelkar & Nair panel's recommendations
Rupee rises to 6-month high of 51.41/dollar
Strong capital inflows and firming trend in equity mkt after govt unleashed second wave of reforms supported rupee
Banks NPAs may surge 27% to Rs 2 lakh cr by fiscal-end
Continuing pressures on economy may result in pushing NPA ratio from 2.94 in June-end to 3.75
Banks to report 25% rise in profits in second quarter: IDFC Securities
The growth in NII would be 24% for the private banks while 10% for PSBs, the report claimed.