Page 953 - Finance News

Eyeing growth, Urjit Patel sends dovish signals on inflation ahead of RBI policy

Patel makes it a point to meet country's influential economists and industry big-wigs before announcing the monetary policy.

Canadian pension fund CDPQ to invest Rs 5,000 cr in Edelweiss ARC

To invest about Rs 5,000 crore over four years in stressed assets and specialised corporate credit in India

RBL picks up 10% stake in Utkarsh Microfinance

Utkarsh Microfinance is one of the 10 players that were granted an in-principle approval last year for small finance banks

How MPC changes the policy game

MPC has been tasked with deciding benchmark interest rates, which the RBI governor did so far

SBI-associate banks merger redefines union-mgmt relationship

The move was aimed at providing comfort to the apprehensive employees of SBI's five associate banks before the merger

After 53 years, SBI resumes banking in Myanmar

During bank nationalisation, the Rangoon branch of Bank of Bengal was taken over by the Peoples' Bank No 8 of Burma in February 1963

MobiKwik forays into consumer loan segment

Loan approval will be done within 30 minutes, and to begin with, loans or EMIs up to Rs 50,000 will be available for MobiKwik users

Mudra reports Rs 66 crore net profit in first year of operation

This year, it disbursed Rs 1,32,954.73 crore under the Pradhan Mantri Mudra Yojana

Govt to implement Khan panel views in 6 months

Corporate bond market needs to be developed to finance the capital needed for huge amount

Australia's 'Big Four' banks CEOs are set to face parliamentary scrutiny

The purpose of this measures are to limit the dominance of the major lenders

HDFC Bank partners Adobe for personalised customer experience

With this the bank will be equipped to handle 37-million customer enquiries and 400 million e-mails a month

Will the RBI cut rates? Mixed views from brokerages

Here is what leading research houses and brokerages think

Space emerges for further easing

With little visible upside pressure on oil prices or core inflation, we might be entering a prolonged period of very low inflation

Will RBI press the pause button on Tuesday?

RBI policy, macroeconomic data key for markets this week

PMI data on manufacturing and services sector would also influence trading

RBI likely to adopt wait-and-watch approach on Tuesday

August retail inflation eased to a five-month low of 5.05% but WPI inflation climbed to a two-year high of 3.74%

SBI chairman gets one-year extension

Arundhati Bhattacharya gets one-year extension amid consolidation with associate banks

Arundhati Bhattacharya gets a year's extension as SBI chief

She took over as first woman to head country's largest bank, with which she has had a 36-year association, on October 7, 2013

IOB capital infusion: Sebi exempts govt from making open offer

As part of capital infusion into the public sector lender, the government's stake in IOB would increase by more than 5%

Deutsche Bank shares sink 7% as hedge funds pull money out

The move to sell off the German giant's stock, which affected shares traded in Frankfurt, New York also helped drag down the US markets overall