Page 904 - Finance News
Axis Bank Q4 net down 43% at Rs 1,225 cr
Gross bad loans as a percentage of total loans were 5.04% compared with 5.22% as of end-December
 "Axis Bank Q4 net down 43% at Rs 1,225 cr")
Prioritise bringing back farmers into the credit system: Fadnavis to banks
Maharashtra priority credit plan outlay up by 13.6% for FY18
 "Prioritise bringing back farmers into the credit system: Fadnavis to banks")
IDFC Bank net rises 6.6% in Q4
Acquisitions in microfinance space on cards
 "IDFC Bank net rises 6.6% in Q4")
Why investors are bullish on Indian Bank
One reason is that the bank has got its business mix right: 51% retail loans, 49% wholesale ones
 "Why investors are bullish on Indian Bank")
IDFC Bank Q4 net profit edges up to Rs 176 crore
The corresponding figure in the previous financial year read Rs 165.10 crore
 "IDFC Bank Q4 net profit edges up to Rs 176 crore")
Indian Bank reports 278% profit growth in Q4 of FY17
Total income rises to Rs 4,601.88 crore from Rs 4,512.18 crore in March quarter of previous year
 "Indian Bank reports 278% profit growth in Q4 of FY17")
Indiabulls Housing Finance Q4 net up 24% at Rs 841 cr
Expects to raise $1.5 bn from abroad in FY18
 "Indiabulls Housing Finance Q4 net up 24% at Rs 841 cr")
Nurture more specialists: RBI tells PSBs
In wake of recent bond market squeeze, RBI emphasises on importance of expertise in such areas
 "Nurture more specialists: RBI tells PSBs")
DCB Bank launches share sale to institutions
Bank has set floor price of Rs 177.39 a share for so-called qualified institutional placement
 "DCB Bank launches share sale to institutions")
Boutique bank Moelis eyes expansion in India amid M&A boom
Mergers and acquisitions involving Indian companies hit a record $72.4 billion last year
 "Boutique bank Moelis eyes expansion in India amid M&A boom")
SBI, CREDAI ink MoU for concessional loan for housing projects
Duration of the agreement is for a period of 3 years, State Bank of India said in a statement
 "SBI, CREDAI ink MoU for concessional loan for housing projects")
Super premium cards for the wealthy
These are the top five such cards from the major issuers
 "Super premium cards for the wealthy")
FinMin in talks with PSBs to assess next 3-year growth, funding plans
In the second tranche of capital infusion, government infused Rs 8,586 crore in 10 banks in March
 "FinMin in talks with PSBs to assess next 3-year growth, funding plans")
Small finance banks seek relaxed norms to meet financial inclusion goals
Unlike universal banks, SFBs require prior approval from RBI for opening bank branches
 "Small finance banks seek relaxed norms to meet financial inclusion goals")
Sebi to help banks tackle bad loans
Market regulator to relax lock-in, eligibility norms for preferential share allotments
 "Sebi to help banks tackle bad loans")
HDFC Bank headcount falls for second quarter in a row, down by 6,100 in Q4
In the preceding Oct-Dec 2016 quarter, the headcount had come down by 4,581 employees
 "HDFC Bank headcount falls for second quarter in a row, down by 6,100 in Q4")
HDFC Bank Q4 net rises 18% to Rs 3,990 cr
Still higher than estimates; provisioning for loan losses up, assets healthy
 "HDFC Bank Q4 net rises 18% to Rs 3,990 cr")
HDFC Bank board approves Rs 50,000-cr fund-raising
Shyamala Gopinath reappointed as bank's part-time non-executive chairman till June 19, 2019
HDFC Bank to raise Rs 50,000 cr via infra bonds, debt securities
HDFC Bank reported a net profit of Rs 14,549 crore, a growth of 18.3 per cent in 2016-17
 "HDFC Bank to raise Rs 50,000 cr via infra bonds, debt securities")
RBI may hike in key policy rates: Nomura
The minutes of the MPC meeting was made public yesterday
 "RBI may hike in key policy rates: Nomura")