Page 740 - Finance News

SBI Cap Ventures to float funds for SMEs and affordable housing

SVL, a subsidiary of SBI Capital Markets, targets closure in the second half of the next financial year (2019-20) through the funds.

YES Bank's R Chandrashekhar resigns; promoters seek board overhaul

A board meeting was held on November 13 and the latest developments are the result of the same

RBI meeting highlights: Panel to look at ECF; RBI to consider easing PCA

RBI board decides to constitute expert committee to examine ECF; membership and terms of reference of the committee will be jointly determined by govt and RBI

RBI and govt signal truce on demand for transferring surplus reserves

A crucial meeting of the RBI's central board was held on Monday amid a rift between the central bank and the government over key issues

Full text of RBI's statement on marathon board meeting in Mumbai

The Board decided to constitute an expert committee to examine ECF

RBI board meet: S Gurumurthy stirs debate by chiding central bank

Gurumurthy and other government nominees have been vocal about bank supervision, flow of credit to industry and easier financial conditions for India to overcome a crisis in its shadow banking sector

Patel quitting over RBI-govt rift will send bad signal to the world: Moily

It will also send a bad signal to global markets just as Raghuram Rajan's exit did, said Veerappa Moily

IDBI Bank and 10 other banks under PCA near asset quality stability

The net interest income has shrunk sequentially since their loan book is growing at a slow pace or contracting in some cases

RBI board meeting today; PCA, NBFCs, economic capital framework in focus

In the first fortnight of November, NBFCs were able to issue CPs worth Rs 1.03 trillion as against debt of Rs 726.8 billion that was set to mature during this period

A short history of RBI's turbulent relationship with the government

In 1979, a Special Secretary in the finance ministry called Manmohan Singh would give a sharp rap on the RBI's knuckles for not consulting the government over some issue

RBI may blink on PCA, not on NBFC window in today's board meeting

Govt has made up its mind it will not use a contentious provision of the RBI Act to issue directions on its suggestions to the central bank, sources said

RBI net sells $18.66 bn of dollars between Apr-Sept in spot market

In the same period last year, RBI was a net purchaser of the greenback, as it had bought $16.301 billion

RBI trains 11,000 bank officers on MSME credit, covers up to 3,000 branches

The officers have also been provided special kits to help their banks extend more credit to MSMEs, while they have also been trained on behaviourial issues to deal with such borrowers with utmost care

CIC again asks PMO, RBI to disclose wilful defaulters' list, Rajan's letter

The commission had earlier issued a show cause notice to RBI Governor Urijit Patel for 'dishonouring' a Supreme Court judgment and CIC directive on disclosure of the list of wilful defaulters

PNB fraud: Will appear if I'm fit to travel, Mehul Choksi tells PMLA Court

Choksi has claimed that he cannot take a 41-hour flight to come to India due to a 'brain clot' and other medical conditions

RBI board meeting on Monday; may reach common ground on some key issues

Patel and his four deputies will present a united front, while a few independent directors too are expected to support the central bank's mission to clean up bank balance sheets

PSBs' losses up 3.5 times to Rs 147 bn in Q2 on bad loans; PNB hit hardest

These 21 public sector banks had posted a net loss of Rs 42.84 billion in the September quarter of 2017-18

RBI vs Govt: Will the Centre have its way by invoking an 83-year-old rule?

The government can still have its way with the RBI by invoking a rule that hasn't been used in the central bank's 83-year history

India's central bank dilemma: Here's why RBI's Urjit Patel should hold firm

A resource-strapped government covets the RBI's surplus capital

Icra places Yes Bank's rating on watch with negative effect over RBI order

Apex bank's fiat to appoint new CEO could impact lender's capital raising ability