Page 3194 - Finance News
RBI voices concerns on separation of DMO from Central Bank
Earlier, the government had proposed that DMO is expected to be independent under the finance ministry?s purview
Banks caught in a cleft
Future tense as bad loans mount, margins shrink, loan demand wanes
Mahindra Insurance Brokers ties up with LeapFrog
Under the agreement, LeapFrog's subsidiary, Inclusion Resources Singa-pore, would invest Rs 80.41 cr for a 15% stake in MIBL
Central Bank again opposes separation of DMO function
The govt's market borrowings had increased in recent years and RBI had to put in much effort in the exercise
Nabard pegs credit outlay for state at Rs 85 k cr in 12th plan
It may noted, the outlay for the state credit plan is prepared by the NABARD annually for all districts
Rupee recovers 38 paise to 54/dollar
Fresh selling of dollar from banks & exporters amid expectations of more foreign capital inflows boosted rupee value
State Bank of Hyderabad to cut base rate by 25 bps from Oct
SBH has also reduced its interest rates by 25 bps on deposits schemes
Banks capable of tiding over NPA mount: Anand Sinha
Net NPAs have crossed over 3.5% in FY12 from 2.3% in previous year, while CDR book has crossed 5.7% of the total loan book at the end of June quarter
SBI reclaims most valued bank status, topples HDFC Bank
SBI has a total market valuation of over Rs 1.48 lakh cr
Dynamic provisioning can contribute to financial stability: RBI
It distributes the loan losses evenly over the credit cycle
Re seen near 52/$ by Dec
Withholding tax cut helped the currency gain 1.7%
Protesters to lay siege to Tuticorin port today
PMANE urges supporters to demonstrate in front of govt offices
PNB chief K R Kamath to become new chairman of Indian Banks' Association
He will take charge from 1 Oct after present chairman Alok Misra completes his term