Page 3201 - Finance News
European Central Bank edges closer to bond purchases
Keeps benchmark rate at 0.75% intervention in bond market may lower borrowing costs
State Bank of India cuts home loan growth target
Lender also reduces interest rates on deposits of five years and more
Bond yields seen rising on SLR cut
Rate cut hopes get dimmer
Rupee crashes below 56-mark, at 56.15/dollar
Loses 31 paise, hits fresh one-week low due to strong demand for dollar from banks & importers
Indian banks eye move to screen-based rates for MIBOR
INDIA-MIBOR-CBANK:Indian banks eye move to screen-based rates for MIBOR
Penetration of ATMs, card usage very low, says RBI
In proportional terms, India has one of the lowest numbers of ATMs and point of sales terminals
Fitch: ICICI, HDFC, Axis need Rs 70,000 cr for Basel-III
Report says that of the three, Axis Bank would need to start planning at the earliest
Moneylenders back in AP with jumbo lending rates
Micro-borrowers pay as much as 225% interest
RBI relaxes provisioning norms for micro lenders
Also removes 26% cap on lending rates
Top three private banks will need Rs 70k cr: Fitch
Axis, HDFC and ICICI banks will need capital by 2017-18 to meet Basel-III norms, the rating agency said
Indian banks need over Rs 1.5 lakh cr to meet Basel III norms
Central banks and governments and all regulators need to pursue financial stability explicitly, not as a byproduct of price and macroeconomic stability