Page 867 - Finance News

Indian banks to face $65-bn capital shortage by FY19, cautions Fitch

The ratings agency cut its capital requirement estimate to $65 bn from $90 bn

PSB employees to protest on Friday against staff shortage, recovery of NPAs

Other issues include withdrawal of FRDI Bill, increase of service charges of public, compensation of demonetisation

Bharat Financial, IndusInd Bank sign exclusive merger talk deal

No details given on deal structure and timing of talks completion

Janalakshmi Financial Services raises Rs 1,030 cr equity from TPG, others

Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance came on board as new investors

IndusInd Bank enters exclusive talks to buy microlender Bharat Financial

A Credit Suisse note said Bharat Financial was one of the best-capitalised microfinance players

Next set of NPAs must have credit rating: RBI

Tough to comply with the norm, say bankers

NBFCs dominate 2017 multi-bagger list

Share of NBFCs in total retail lending has touched all-time high of 36% as on March 2017

UCO Bank to merge branches, raise deposits in turnaround plan

Govt had sent letters to 10 banks asking them to lay out a revival road-map for availing funds

Public sector banks choke on bad loan mess

Double whammy for banks as advances fall and low capital adequacy hampers growth

Govt mulls excluding debt of Air India before stake sale

Air India's assets such as real estate could also be spun off into a separate company

SBI chief advises SMEs to go in for equity capital, not debt

One of the major problems facing SMEs in our country is lack of equity: Arundhati Bhattacharya

Allow bank boards to hire and fire CEOs, says Raghuram Rajan

The former RBI governor said bank boards needed more independence

Viral Acharya warns against limited bank recapitalisation

He drew a parallel with weak recapitalisation of European banks

PSU banks' recapitalisation challenging, say analysts

Acharya's suggestions on the issue are good, how to go about these is the problem, say stakeholders

Attack on shell firms: MCA issues notices to errant NBFCs

A similar attempt was undertaken by the RBI a few years back

PSBs have no clear plan to restore their health, says RBI's Viral Acharya

Deputy Governor says RBI has advised banks to resolve some accounts by December

NBFCs' share of retail loans at a 10-year high

They account for 36% of all retail loans in FY17, up from 29% in FY11

Focus on infra, power, exports to boost growth: Raghuram Rajan to govt

He also added that the GDP and informal economy have both suffered due to note ban

Tax evasion through stocks: Sebi revokes ban on 307 entities

Also, Sebi would continue its proceedings against 96 remaining debarred entities

Profitability of gold finance companies improves, says Crisil

Companies reach peak levels after fall witnessed since regulatory tightening in 2012