Page 3172 - Finance News
Axis Bank treats loans to Deccan Chronicle as NPAs
Says 'adequate' provisions made against these loans
Rupee trims initial gains, still up 8 paise
It moved up further to 52.65 per dollar before quoting at 52.79 at 1040 hrs
Asset quality of retail loans not a problem, say analysts
Banks have been focusing on retail lending with HDFC Bank reporting a 33% y-o-y rise, Axis Bank 51% y-o-y rise in retail assets
Banks reduce borrowings through Certificate of Deposits
Finance ministry had issued norms that required banks to reduce proportion of bulk deposits and CDs to 15%
SBI cuts processing fee on home, auto loans for festive season
Halves fee for both categories for loans availed between Oct 17 and Dec 31
Borrowings by banks under daily LAF increase again
In the last one month daily average borrowing by banks under LAF stood at about Rs 52,000 crore
National Australia Bank appoints Spiro Pappas as CEO of Asian region
Pappas will be responsible for managing NAB?s operations in Asia and strengthening the franchise in close coordination with the bank?s businesses in Australia and New Zealand
IndusInd picks banks for Rs 1,300-1,600 cr share sale
Morgan Stanley and Asia-Pacific brokerage CLSA are two of the three banks
Bank credit, deposit growth picks up
On a year-on-year basis credit grew by 15.90% and deposits grew by 13.89%
Karnataka Bank net rises 2.85 times to Rs 117 crore in Q2
The operating profit for the second quarter went up 36.04 per cent to Rs 158.77 crore as against Rs 116.71 crore
ECB limits for HFCs should be reasonable: NHB
The ceiling was enhanced in November last year by RBI since companies were finding it difficult to raise funds within previous limits
RBI tweaks priority sector lending norms
Corporate agri loans up to Rs 2 cr to be treated as direct exposure PSL status for low-cost housing credit to HFCs
Pandit says he wouldn't do anything different
Citigroup's transformation has a long way to go, and its financial statements can be opaque
Venture capital firms ahead of PEs in fund raising
Owing to lack of sizeable deals, investors shifting focus from PEs to VC & seed funds
Dynamatic Technologies to rationalise debt structure
May tap PE giant KKR for $50-million debt
Borrowings under daily LAF at three-and-a-half-month high
In the last month, daily average borrowing by banks under LAF window stood at Rs 52,910 cr