Page 736 - Finance News

Net stable funding ratio norms for banks to be operational from April: RBI

As per the guidelines, the RBI may require an individual bank to adopt more stringent standards to reflect its funding risk profile and its compliance with the 'sound principles'

RBI relaxes NBFCs' asset securitisation norms as sector faces IL&FS crisis

Relaxation on the minimum holding period will be allowed when the NBFC retains 20% of the book value of these loans, said RBI

Panama Papers: Deutsche Bank offices raided over money laundering suspicion

Some 170 police officers and investigators from the Frankfurt prosecutors' office were searching six of the bank's premises in and around the city

Economists expect a 'pause' in RBI's Dec 5 policy review: BS poll

The policy repo rate is unlikely to change in the next six months from the current 6.50 per cent

Next RBI rate hike to be one-and-done, not likely till April: Reuters poll

The RBI is now forecast to hike its repo rate in the April-June quarter next year, taking it to 6.75%, and then to hold it steady for at least another year

For farmers in Rajasthan's Hanumangarh, SBI's 'loot' a major election issue

The bank has allegedly been charging extra interest, has not paid out insurance premiums, is lifting subsides to recover debt and even charging money for mobile apps

YES Bank shares plunge 12%, lowest in 32 months, on ratings downgrade

Ratings agency Moody's on Tuesday downgraded the bank's instruments and changed its outlook on the bank from stable to negative

Yes Bank's promoter shareholders deny commercial dealings with the lender

Morgan Credits and Yes Capital are holding companies owned by Rana Kapoor's daughters

PNB to raise Rs 5.39 bn through staff stock purchase scheme from Nov 30

The offer by Punjab National Bank will open on November 30 and close on December 10

ICICI Bank plans to up retail loan disbursement in Tamil Nadu to Rs 130 bn

This fiscal ICICI Bank plans to grow its disbursement of consumer loans by nearly 50 per cent to Rs 50 billion

Banks borrowings from RBI rise 331% to Rs 1 trn by mod-November: Data

Bank credit growth is up by 14.88 per cent to Rs 91.1 trillion, as of November 09, compared to Rs 79.3 trillion, one year ago

SBI increases fixed deposit rates by up to 10 bps on select maturities

The lender has kept deposits rates unchanged for other maturities

Will name new chairman, independent directors to RBI on Dec 13: Yes Bank

Yes Bank's Search & Selection Committee and the N&RC are scheduled to meet on December 12 to discuss the final shortlist for new MD&CEO appointment

RBI may infuse another Rs 1.6 trn through OMOs in March quarter: BofAML

BofAML said it does not rule out the possibility of the RBI cutting the cash reserve ratio (CRR) by 1%

Moody's slashes YES Bank's rating to junk status; bonds see record drop

Bank is in midst of management transition amid resignations

Economic capital framework: Govt for Jalan, RBI wants Mohan as panel head

The brass of the finance ministry and the RBI are in touch to decide the members and terms of reference of the committee

Equal rights sticking point in YES Bank promoters' talks to end conflict

If the peace proposal goes through, the two promoter groups will jointly recommend the successor to Rana Kapoor

ICICI Bank's ex-CEO Kochhar appeared for hearing before Sebi on Nov 19

Sources said Kochhar has reiterated her stand to the regulator and had claimed that she adhered to all requisite disclosures

RBI to examine the treatment of stressed loan accounts across banks

Banks are required to classify NPAs as "substandard" assets, "doubtful" assets, and "loss" assets

RBI to buy an additional Rs 400 billion worth of G-secs in December

With the latest announcement, OMO purchases by December-end will cross Rs 1.5 trillion