Page 3193 - Finance News
Corrected: SBI says cuts base rate by 25 bps
INDIA-SBI-RATES:Corrected: SBI says cuts base rate by 25 bps
SBI says cuts base rate by 25 bps
Decision came a day after the Indian central bank cut the cash reserve ratio
Investments through P-Notes rise to $26 bn
The surge in the investment appears to be largely into the derivatives market
Banks follow SBI in reducing lending rates
UCO cuts retail loan rates, SBBJ pares base rate
IRDA issues draft IPO norms for general insurers
issuers to have 10-year experience, must get IRDA nod before approaching Sebi
Impact investing gains ground in India
With investors broadening the scope to education and healthcare, the concept is catching on
Piramal's PE arm focuses on returns
It plans to exit 12 of its investments in a year
FDI in retail likely to spur deal activity in agriculture, logistics
The food value chain has to improve to cater to retailers. PEs can help firms access capital, capabilities and customers
Corporation Bank to rejig organisational structure
The intense competition from private banks is a major issue, especially in attracting young customers
Swiss investors shun Indian papers on downgrade fears
Rising swap costs pull down Swiss bond issuances
Bank of Japan joins bond buying spree to bolster economy
Holds benchmark interest rate at a range of zero to 0.1%
Rupee down 28 paise to 54.29/dollar
Increased demand from banks & importers, political crisis after Trinamool Cong withdrew support to UPA govt weigh on rupee sentiment
Rupee falls on worries over outlook for reforms
As a key ally of the country's ruling coalition withdrew its support
Bank borrowing at RBI liquidity window moves up
Prepare for reporting Friday
Bank deposits outpace credit growth
In the first five months of the current financial year, deposits were up by Rs 2 lakh crore, while credit was up by Rs 44, 904 crore
Banks' credit growth marginally up in first half
Banks' loans grew 1.2% as of September 7 since the beginning of April
BofA-ML sees lending rates falling by 50 bps more by March
SBI cut its minimum rate of lending or the base rate by 0.25%