Page 951 - Finance News

Private banks may see Q2 profit growth, PSB woes to persist: Study

It noted that RBI's tough stance on the cleanup of balance sheets by next March would weigh on banks' asset quality

Oriental Bank of Commerce, United Bank cut lending rate by up to 0.15 pc

OBC, United Bank reduce marginal cost of funds based lending rate a few days after RBI cuts repo rate by 0.25 per cent

RBI's move to ease definition of bank branches to provide level playing field to all banks

Small finance banks to also benefit from interim relaxation in norms

Breather for niche banks on capital, borrowings

However, the minimum capital requirement for these banks have been kept higher at 15% as compared to the scheduled commercial banks, which is at 11%

Faircent forays into secured loans

P2P lending players have been so far focused on unsecured credit

Banks may see treasury gains in Sept quarter

It is likely a large share of slippages in this quarter will emerge from the restructured loan portfolio, led by the infrastructure sector

Kotak Mahindra Bank, Canara Bank cut base rates

This, two days after RBI cut the repo rate by 25 basis points

Where is the money going? RBI official lambasts wallet players on KYC norms

Nanda Dave wondered whether a "conduit" is being provided by not having the details of the end use of funds

DHFL cuts home loan rate by 0.2%

On Tuesday, RBI lowered the repo rate or the rate at which it lends to banks by 0.25 per cent

HDFC Ltd to raise Rs 1,500 crore via bonds to augment capital

The issue will open on October 13 with a tenor ending on October 12, 2018

UCO Bank to raise Rs 270 crore via share sale to LIC

Currently, insurance companies, including LIC, holds 12.02 per cent stake in the bank

No reason for RBI to hold back 25 bps cut over developments in US: Gita Gopinath

Interview with the professor of economics at the Harvard University at the India Economic Summit

Govt to manage borrowings through PDMA in 2 years

Move is in line with steps announced by the government recently

Split verdict on bad bank

The idea, which was mooted earlier, had been shot down by former RBI governor Raguram Rajan

Delinquencies in loan against property to rise: India ratings

According to the Ind-Ra report, early signs of stress are already visible and especially amongst the NBFCs

Northern Trust scales up operation in India

Sets up tech hub in India

'Pragmatic' Urjit Patel brings shift in monetary, banking policy management

The RBI changed its stance on the neutral real rate and the timeframe for achieving the 4% inflation target, creating room for monetary easing

Cheaper credit only after deposit rate cut

The banking regulator expects banks to make loans cheaper over the coming quarters

Patel debuts with rate cut

Repo rate cut 25 bps to six-year low of 6.25%; unanimous decision by new monetary policy committee; India Inc hails move, all eyes on banks

Sterling tumbles to 31-year low

Sterling dropped to its weakest since 1985, hit by a growing sense that the UK might be heading for a 'hard' Brexit