Page 920 - Finance News
FPIs renew interest in Indian bonds
Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too
 "FPIs renew interest in Indian bonds")
RBI's next inflation expectations survey in March
Survey to be held across 18 cities covering 5,500 households
 "RBI's next inflation expectations survey in March")
Can't share details of govt response on Sharia banking: RBI
Under Islam, Sharia banking is a finance system which prohibits charging interest
 "Can't share details of govt response on Sharia banking: RBI")
9 bank unions to strike on Tuesday to protest 'anti-people banking reforms'
Functioning of branches and offices will be hit if the strike goes ahead on Tuesday
HSBC discloses tax evasion investigation in India & abroad
HSBC has disclosed being probed by tax authorities in India and several other countries
 "HSBC discloses tax evasion investigation in India & abroad")
Statsguru: The bad loan problem
GNPAs of public sector banks are now at a staggering 11.2 per cent of their advances
 "Statsguru: The bad loan problem")
HSBC's India headcount rises by 4,000 to reach 37,000 despite global drop
India figures as the second-biggest among HSBC's 'main centres of employment' after the UK
 "HSBC's India headcount rises by 4,000 to reach 37,000 despite global drop")
HSBC discloses tax evasion probes in India, other countries
HSBC said it has set aside $773 mn as a provision for various tax, money laundering-related matters
Standard Chartered gets down to 'war-gaming' Trump trade battles
CEO Winters says bank planning in case 'things get very messy'
 "Standard Chartered gets down to 'war-gaming' Trump trade battles")
US regulators investigating our foreign hiring practices: Citi
Banks including JPMorgan Chase & Co and Goldman Sachs Group have disclosed similar investigations
A bad bank could work but only if govt infuses more capital: Fitch
Fitch said that similar mechanisms have been used to help clean up banking systems in the US
 "A bad bank could work but only if govt infuses more capital: Fitch")
Credit Suisse rejigs Pvt Banking biz brass in India
Kunnambath would report to Alex Wade, Head of Developed and Emerging Asia
 "Credit Suisse rejigs Pvt Banking biz brass in India")
Icra cuts rating on IDBI Bank's bonds
Weak Q3 performance triggers rating review
 "Icra cuts rating on IDBI Bank's bonds")
Standard Chartered India reduces loss sharply
It had impairment losses on loans and other credit-risk provisions of Rs 6,251.52 cr in 2015
 "Standard Chartered India reduces loss sharply")
Face 'de-authorisation', govt to banks on non-acceptance of PMGKY tax
Post note ban, unaccounted cash can be deposited under PMGKY in banks till March 31
 "Face 'de-authorisation', govt to banks on non-acceptance of PMGKY tax")
Canara Bank to raise Rs 716 cr from stake sale in Can Fin
Board has given approval for the sale of 13.45 per cent stake in the mortgage firm
 "Canara Bank to raise Rs 716 cr from stake sale in Can Fin")
Five associate banks to merge with SBI from April 1
SBI is expected to become a lender of global proportions with an asset base of over $555 billion
 "Five associate banks to merge with SBI from April 1")
ICICI Bank acquires 81.44 cr shares in JPVL
Before the acquisition, the bank held 79,61,535 shares or 0.13% of equity in the company
 "ICICI Bank acquires 81.44 cr shares in JPVL")
Bankers don't want a new NPA resolution plan
Implement the existing one properly to clean up the mess
 "Bankers don't want a new NPA resolution plan")
PAC summons four banks to find out big loan defaulters
Parliamentary panel to visit Chennai Feb 27 and Kolkata March 1 to discuss bank NPAs
 "PAC summons four banks to find out big loan defaulters")