Page 869 - Finance News

RBI annual report: Provision figure confounds analysts

Demonetisation led to loss to RBI that had to give interest to banks against excess money deposited

RBI chief Urjit Patel warns against farm loan waivers

He also warned banks are impacted as they must wait for governments to repay the farmer loans

Paytm Payments Bank in talks to partner full-service banks: CEO Renu Satti

The payments banks can take savings deposits and remittances but are not permitted to lend

Jaitley puts debtors on notice, says pay dues or allow others to take over

Jaitley also said the government was open to providing more capital to banks

Money trail will lead to tax evaders: 5 things RBI report numbers indicate

It is now clear that some key members of the govt overestimated demonetisation's short-term gains

RBI retains GVA growth at 7.3% for FY18

Growth will be driven by consumption but reduction in lending rates should support investment demand

Bank liable for online frauds

Banks are duty bound to take steps to assess risk, provide robust mechanism to prevent, detect fraud

Certain PSU posts also come under OBC 'creamy layer'

The income limit defining 'creamy layer' for OBC reservation was last week raised to Rs 8 lakh p.a

Drop in bank deposit rates to make mutual funds attractive

Mostly corporates and institutional investors park their surplus cash in low-risk MF products

RBI annual report: 99% of demonetised currency back with central bank

Of the Rs 15.44 lakh cr withdrawn with scrapping of Rs 500, Rs 1,000 notes, Rs 15.28 lakh cr are back

RBI asks banks to stick to December deadline for insolvency

The latest communique is a reminder of that deadline, say bankers

Tirumala Tirupati Devasthanams deposits 2,780 kg gold with SBI

Last year, TTD has deposited 1,311 kg of pure gold bars of 0.995 fineness with Punjab National Bank

Rs 1,000 notes to be introduced again? No, says Finance Ministry

Besides 200 rupee notes, Rs 50 currency bills with new look was also introduced earlier this month

Richest Hindu temple Tirupathi Balaji deposits 2,780 Kg of gold with SBI

Last year, TTD had deposited 1,311 Kg of pure gold bars of 0.995 fineness with PNB

SBI scans Jaypee Infratech, Amrapali home loan exposures in unfinished projects

SBI has begun review of loans to buy home in unfinished projects

PSB mergers a credit positive move: Moody's

The government is seeking to consolidate 21 PSBs

IDBI Bank looks to exit early from NSE

IPO delay may force lender to sell its 1.5% stake, valued at Rs 700 crore, privately

HSBC India investment banking head Sunil Sanghai quits

The veteran i-banker and Dhruva announced a joint venture

Over 60% microfinance institutions move to cashless loan disbursement: MFIN

in the fourth quarter of FY17, only 39 per cent of disbursements were cash-lite

Lenders of Jaypee Power seek bids for 30% stake dilution to recover debts

The unidentified lenders have hired SBI Capital Markets and Ernst and Young for the sale