Page 912 - Finance News
Bad debt woes: RBI set to take driver's seat in banks' fight against NPAs
Central bank likely to keep tabs on large wilful defaulters; policy likely by month-end
 "Bad debt woes: RBI set to take driver's seat in banks' fight against NPAs")
SBI's Arundhati Bhattacharya among Fortune's top 50 global leaders
Only Indian to feature in the list this time
 "SBI's Arundhati Bhattacharya among Fortune's top 50 global leaders")
SBI Life plans IPO; SBI to dilute 10% in insurer
Executive committee of central board accorded in-principle approval for IPO of shares, says SBI
 "SBI Life plans IPO; SBI to dilute 10% in insurer")
Could not have picked a better MPC: Y V Reddy
Global financial crisis has shown that the reality is more nuanced and that of balance
 "Could not have picked a better MPC: Y V Reddy")
Unions willing to sign banks' turnaround pact, with riders
The turnaround plan for banks is being formulated by SBI Caps
 "Unions willing to sign banks' turnaround pact, with riders")
Bank stocks gain as Arun Jaitley promises speedy resolution of bad loans
It hopes that government would soon announce measures to resolve the issue of bad loans
 "Bank stocks gain as Arun Jaitley promises speedy resolution of bad loans")
Banks, technology firms battle over your data
Banks like J P Morgan Chase and Wells Fargo say they want to give consumers access to their data
 "Banks, technology firms battle over your data")
Dena Bank, SBBJ cut lending rate by up to 0.1%
The new rates will be effective from November 1
Ban on trading tips through Whatsapp: Sebi at the receiving end of social media flak
Stock market watchdog Sebi was at the receiving end of social media flak on Tuesday
RBI puts 4 public sector banks under watch on asset quality concerns
UCO Bank also figures in the list and the name of fourth lender could not be immediately ascertained
 "RBI puts 4 public sector banks under watch on asset quality concerns")
YES Bank launches $650-mn QIP offer
The floor price has been fixed at Rs 1,498.95 per share
 "YES Bank launches $650-mn QIP offer")
Analysts cautious on top 3 private banks
Slowing profit growth and high valuations turned analysts sceptical on near-term stock performance
 "Analysts cautious on top 3 private banks")
Morgan Stanley downgrades HDFC Bank, Axis Bank and ICICI Bank
The brokerage shifts focus to small lenders with niche operations and good asset quality
 "Morgan Stanley downgrades HDFC Bank, Axis Bank and ICICI Bank")
Finance Ministry calls banks to discuss new facility to drain cash
The Finance Ministry wants to discuss implementing new framework called 'standing deposit facility'
 "Finance Ministry calls banks to discuss new facility to drain cash")
Farm loan waiver affects credit discipline: RBI Deputy Governor Mundra
Bhattacharya had also expressed reservation over assurances and demand for farm loans waiver
 "Farm loan waiver affects credit discipline: RBI Deputy Governor Mundra")
Deadline for bank book clean up remains March 2017: Mundra
Banks were told to identify stressed assets and make prudential provisions for them, said Mundra
Finance ministry calls banks to discuss new facility to absorb cash
Banks have seen a surge in cash deposits ever since demonetisation
 "Finance ministry calls banks to discuss new facility to absorb cash")
Government infuses Rs 1,100 cr capital into Indian Overseas Bank
Will support Bank's turn around plan, says officials
 "Government infuses Rs 1,100 cr capital into Indian Overseas Bank")
Cap on corporate funds for political parties goes
Source of money for political entities widened; Lok Sabha passes Finance Bill
 "Cap on corporate funds for political parties goes")
Axis Bank to raise $16.2 million via bonds
The stock of Axis Bank closed 0.72 per cent down at Rs 484.50 on BSE
 "Axis Bank to raise $16.2 million via bonds")