Page 926 - Finance News

RBI wants more time to tally old notes

RBI wouldn't divulge details about how much in demonetised currency had been deposited with banks

Operating profits of banks show improvement: RBI

Provisions for stressed loans adequate, says Mundra; monitoring to continue

PNB plans to sell non-core assets to shore up capital base

May look to sell stake in PNB Housing Finance, PNB Gilts; may not explore PNB MetLife at this point

'Bad bank' could help if designed right: RBI Deputy Governor Viral Acharya

Banks recorded stressed loans of $133 billion, or 12.34% of their total loans, as of last September

MobiKwik in talks to raise funds, eyes $1 billion valuation: CEO

He adds that the company will likely see a new cash infusion in the next month

'Clouded' data on note ban impact led to neutral stance: Urjit Patel

Adds, MPC exercised prudence in keeping policy rates on hold while looking at all transient effects

RBI keeps rates unchanged; changes stance to neutral

The repo rate remains unchanged at 6.25 per cent

RBI keeps policy rate on hold, with eyes on inflation

The RBI monetary policy committee on Wednesday voted 6-0 to keep the repo rate at 6.25%

IDBI Bank Q3 loss widens to Rs 2,255 cr on bad loans

Total income has decreased to Rs 7,104.21 crore for the quarter ended December 2016

NPCI expects all state-run banks to join BHIM by month-end

As on date, 37 banks are on the BHIM platform

MPC begins policy review meet amid rate cut hopes by RBI

MPC to factor in the impact of rising crude oil prices and Trump administration's policy approach

Demonetisation effect: Dena Bank expanding digital footprint

It is targetting reaching out to agricultural & MSME segments to inject its deposits in the market

Banks ask jewellery industry to improve transparency, governance

Say payments discipline was high 10 years ago, but many defaulted after the global financial crisis

New AT-1 bond norms a huge capital respite for PSBs: Icra

Banks are required to appropriate 25 per cent of their annual net profit towards statutory reserves

IDBI Bank reduces MCLR by 30-35 bps

This is the second reduction by the bank in the last two months after demonetisation

Competition brews in MFI sector, paving way for consolidation

Over-leveraging signs already there; consolidation likely as regular banks get into the segment

Capital infusion in PSU banks after Q3 numbers

FM in Budget speech on Feb 1 announced capital infusion of Rs 10,000 cr for the next fiscal

New AT1 rules double PSBs' debt servicing ability to Rs 2.3 lakh crore

Global rating agency Fitch welcomed the move, saying this will also help them raise domestic capital

RBI may hold rates this year after 25 bps cut next week: Nomura

Nomura expects both growth and inflation to accelerate, keeping the RBI on hold throughout 2017

PSUs may go slow on new projects in FY18

Budget Estimates show 5% dip in resource generation