Page 524 - Finance News

DFI likely to be set up with IIFCL's paid-up capital of Rs 10,000 crore

To have lower minimum capital adequacy ratio than NBFCs; IIFCL to clean up its Rs 4,500-crore bad loans

PNB expects Rs 3,800 cr recovery from Bhushan Power resolution: CEO

The recovery will help it achieve the target of Rs 8,000 crore cash recoveries during this fiscal, its managing director and CEO S S Mallikarjuna Rao said

Punjab & Sind Bank loss zooms to Rs 2,375 cr in Q3 as provisions spike

The firm reported results for the quarter ended December

PNB receives loan rejig requests of only Rs 12,000 crore, says PNB MD

Restructuring sought for corporate loans has been worth Rs 9,000 crore

Punjab National Bank to raise Rs 3,200 cr from share sale this quarter

The bank looks to enhance its capital base

Big reforms: RBI gives retail investors direct access to govt bonds market

India, in fact, will be the third nation in the world after the United States and Brazil, where retail participants can take direct exposure on the government bond market

Monetary policy: RBI to roll back CRR cut in phases, assures liquidity

RBI keeps repo rate unchanged at 4%, pegs FY22 GDP growth at 10.5%

An IWG taking a look at central bank digital currency: Das, Kanungo & Patra

RBI Governor Shaktikanta Das, and Deputy Governors Michael Debabrata Patra and B P Kanungo spoke on a range of topics in a post-policy press meet

Monetary policy: RBI doing exactly what AQR does, though unofficially

The Economic Survey, last week, had suggested that there should be one more round of AQR of banks after the Covid-related forbearance is over

Monetary policy to stay accommodative in near term, but exit is near

Despite the fiscal activism in the Budget, the MPC stated that the recovery was yet to gain firm traction and needed continued policy support

MPC in 2 minutes: Here're the key development and regulatory steps

The six-member MPC kept interest rates on hold, but said it will keep its stance accommodative to support the government's huge borrowing programme

RBI monetary policy: Govt told to cut fuel taxes to ease inflation concerns

GDP projection revised upwards, but lower than Eco Survey's

Monetary policy: Retail interest in G-secs may be limited, say experts

HNI participation may be gradual; mutual funds see little impact on fund flows

State Bank of India shares jump 11% as Street lauds Q3 performance

The stock ended at a new lifetime high of Rs 393 after soaring to Rs 408 in intra-day trade.

Ind AS adoption for banks could be deferred till FY24, say sources

Extended dispensation on capital conservation buffer and SLR holding in HTM instruments point at a delay in adoption

HDFC Chairman Deepak Parekh settles matter with Sebi; to pay Rs 9.37 lakh

Parekh has settled with markets regulator Sebi a matter of non-compliance with an erstwhile listing agreement

Demand has moved beyond pent-up to actual one: RBI Guv Shaktikanta Das

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said demand in the economy has moved from being of pent-up nature to actual one, and the momentum is likely to sustain.

PNB Q3 results: Net profit at Rs 506 crore, NII at Rs 8,313 crore

The bank's gross non-performing assets (NPAs) reduced to 12.99 per cent for the quarter ended December 2020

State Bank of India shares continue to gain on improved asset quality

Shares of State Bank of India continued to rally on Friday, jumping over 11 per cent

Govt support for bank borrowers softened rise in bad loans: Moody's

The support has averted a sharp asset quality deterioration, Moody's Investors Service said