Page 885 - Finance News
HC puts StanChart's plea on Essar Steel's insolvency proceedings on hold
Standard Chartered appealed for quashing Gujarat HC's stay on Essar Steel's insolvency proceedings
 "HC puts StanChart's plea on Essar Steel's insolvency proceedings on hold")
Singapore joins HK, Australia in postponing bank capital rules by a year
MAS notified local banks of the delay to the so-called 'fundamental review of the trading book'
 "Singapore joins HK, Australia in postponing bank capital rules by a year")
Have Rs 900-cr exposure to RBI-referred NCLT account, says HDFC
However, it said the account to which it has the exposure was not an NPA as of March 31, 2017
 "Have Rs 900-cr exposure to RBI-referred NCLT account, says HDFC")
Sebi settles case with IDFC bank for Rs 10.74 lakh
IDFC Bank allegedly made delayed disclosure under PIT Regulations
 "Sebi settles case with IDFC bank for Rs 10.74 lakh")
RBI restricts G-sec debt portfolio flows
The plan is to allow foreign investors access to 5% of the govt bonds by March 31 next year
 "RBI restricts G-sec debt portfolio flows")
Recast of state-run banks before stake sale wrong: RBI ex-guv Y V Reddy
Referring to Insolvency and Bankruptcy Code, he said it is an important development
 "Recast of state-run banks before stake sale wrong: RBI ex-guv Y V Reddy")
G20 summit: India scores well in FSB report, found Basel III-compliant
In the report, India was found to be 'largely compliant' on liquidity coverage ratio
 "G20 summit: India scores well in FSB report, found Basel III-compliant")
Rs 3,000 crore deal: IndoStar to buy stake in ICICI Home Finance
The NBFC and its sponsor Everstone will co-invest to own two-third stake together in the business
 "Rs 3,000 crore deal: IndoStar to buy stake in ICICI Home Finance")
IDFC Bank sells loan accounts worth Rs 2,070 crore to ARC
The gross NPAs and net NPAs of IDFC Bank were at Rs 1,542 crore and Rs 576 crore
 "IDFC Bank sells loan accounts worth Rs 2,070 crore to ARC")
IDFC Bank plans to double retail book
Claims to have mobilised Rs 400 crore through digital banking
Yields shoot up on RBI's open market sale plan
RBI announced late on Friday its bond purchase plans from the secondary market
 "Yields shoot up on RBI's open market sale plan")
Corporate bond market: Liquidity in secondary trade rises
2016-17 saw 26% growth in number of trades and 44% growth in volumes
 "Corporate bond market: Liquidity in secondary trade rises")
IPO league table: Foreign banks back in action
Four foreign investment banks feature among the top 10 in H1 of 2017
 "IPO league table: Foreign banks back in action")
ESOPs to be linked to banks' performance
Framework to incentivise employees referred to RBI for approval
 "ESOPs to be linked to banks' performance")
ICRA lowers rating for Janalakshmi debentures
Cites sharp deterioration in asset quality for rating downgrade
 "ICRA lowers rating for Janalakshmi debentures")
BBB recommends 15 names for appointment of EDs in PSBs
Sources said recommendations were made by BBB Chairman Vinod Rai, other members
 "BBB recommends 15 names for appointment of EDs in PSBs")
Alarming rise in banking frauds, warns RBI
It adds that banks could be hiding some of the fraud cases, masking these as bad debt
 "Alarming rise in banking frauds, warns RBI")
CVC examines CBI probe in top bank frauds, including Vijay Mallya's
CVC Commissioner says bankers need have no fear if their decisions are bonafide
 "CVC examines CBI probe in top bank frauds, including Vijay Mallya's")
Replace your PNB Maestro debit card soon as bank to block it from July 31
The bank will not charge anything for the replacement and it will be provided free of cost
 "Replace your PNB Maestro debit card soon as bank to block it from July 31")
Non-food credit grows at 4.5% in April as industries contract
In the same period last year, non-food credit had grown by 8.5%