Page 855 - Finance News

RBI eye on big debtors' global deals, makes unique bank code a must

Those having exposure between Rs 500 cr and Rs 1,000 cr have to obtain the LEI code by June 30

Foreign banks closing down branches in India: RBI

Foreign banks had 317 branches in 2015-16; it has reduced to 286

PSU merger plans to be placed before FM-led panel

The other members of the AM panel are Piyush Goyal and Nirmala Sitharaman

Syndicate Bank Q2 profit up 28%

The net NPA too increased to 5.76% from 5.03%

IDBI Bank expects balance sheet stability by March 2019

IDBI Bank posted a net loss of Rs 198 crore in the quarter ended September (Q2)

SBI cuts lending rates first time in 10 months, by 5 bps

RBI is keen for banks to lower lending rates further to accelerate credit growth, private investment

BNP Paribas posts higher Q3 profits, helped by asset sale and cost cuts

BNP Paribas reported in Q3, good business development in an improved economic environment in Europe: Bank statement

Central Bank of India Q2 loss widens to Rs 750 cr as net NPAs jump to 9%

The bank's gross NPAs jumped to 17.27% of gross loans by September 30

Govt to set up alternative mechanism to fast track PSBs merger

Move to create large banks aims at meeting credit needs of growing Indian economy

RBI may cut rates on Dec 6 as retail inflation remains muted: BofA-ML

CPI based inflation, adjusted for house rent allowance is moderating, and the HRA impact is largely 'statistical': Report

Recapitalisation plan: Govt, RBI drawing up list of new banking reforms

Rs 2.11-lakh-cr recapitalisation plan includes Rs 1.35 lakh cr as bonds, Rs 58,000 cr of fresh capital and Rs 18,000 cr in govt outlay

LIC may participate in govt's Rs 2.11-lakh cr bank recapitalisation plan

LIC, in the past, pumped capital in PSBs through preference share allotment and QIP

Perpetual bond yields nosedive after PSB capital infusion plan

Perpetual bonds are called so because there is no set time period for maturity of these bonds

Finance ministry for hands-on approach towards govt banks

PSBs will now be encouraged to write detailed job specifications for employees, something most lenders avoided for years

Private banks' NPA provisions surge in second quarter

The sequential increase is led by RBI's audit of asset quality for FY17

Axis Bank Foundation to support 'Heritage Walks' project

The theme-based walks are spiced with stories and information of the sites, chats with locals and sampling of the local produce

HDFC Bank moves closer to top 10 global lenders' league

A 55% rally in its shares this year has helped the lender jump 10 spots to 12th position

Fee income pushes Bandhan Bank net up 18.2% to Rs 331 cr

Its current accounts-saving accounts deposits rose to 28.18 per cent of total deposits from 16.71 per cent in the year-ago period

ICICI Bank Q2 net falls 34% to Rs 2,058 cr but bad loans stabilise

Gross bad loans as a percentage of total loans stood at 7.87% versus 7.99% q-o-q

Lenders prefer sectoral guidelines for choosing buyers in insolvency sales

Bankers feel that if a company is sold at less than half its valuation it will be unfair for creditors