Page 955 - Finance News

Yes Bank plans to raise Rs 2,500 crore via long-term bonds

However, shares of the bank traded 3.15 per cent down at Rs 1,228.50 on BSE

Oriental Bank of Commerce to raise Rs 500 crore via bonds

Shares of the bank were trading 0.52 per cent lower at Rs 134.60 on BSE

PSBs can't be run like driverless cars: RBI

Government is yet to announce if SBI will get new Chairman or Arundhati Bhattacharya, wil get an extension at end if this month

Germany denies preparing Deutsche Bank rescue plan

Deutsche is facing a $14 billion fine from the US Department of Justice and concerns over its funding pushed its shares to a record low

RBS to pay $1.1 billion to resolve US regulator's mortgage cases

The settlement with RBS brings the US regulator's recoveries against various banks to $4.3 billion in lawsuits

Wells Fargo launches investigation into retail banking sales practices

The bank agreed to pay $190 million earlier this month to settle regulatory charges

Credit demand may be muted this festive season

Even though lenders have been witnessing credit demand from the retail segment, it is the corporate lending that has remained subdued

Yes Bank to raise Rs 330 crore via green infra bonds

This is FMO's first investment in a green bond issued by a bank in India

Bandhan Bank now has fourth largest debit card base in pvt sector

In less than a year, it has left several of its peers behind

Bond mkt expects heavy RBI buying

Estimates for the OMO vary between Rs 50,000 crore and Rs 1,50,000 crore. So far the central bank has already done OMO purchases of Rs 1 lakh crore

Banks Board Bureau recommends nine for ED posts

These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates

Small finance banks see spurt in valuations

Valuations of the proposed SFB have gone up by almost 50-60% in the past year

Axis Bank, BHU team up for banking courses

The courses will be designed to introduce the students to functioning of banking industry in India

ICICI Bank eyes 5 million transactions via voice-recognition

It verifies a caller's identity through natural conversation by analysing over 100 characteristics including spped, accent, pronunciation

Ftcash, ICICI Bank tie-up to launch UPI at 5,000+ merchant locations

UPI builds on the Immediate Payment Service, which is used by banks for real-time transfer of cash

Exim Bank to raise up to $1.5 bn via bonds this fiscal

It already raised $1 billion in July from overseas market to support Indian exports and overseas investment

Update KYC by Oct 1, or face account block: PNB to customers

According to RBI guidelines, it is mandatory for customers to periodically update their KYC details with their banks

SC asks Centre to ensure scrutiny of allegations against IFCI

The apex court passed the judgement on a PIL filed by NGO Centre for seeking an independent probe

Andhra Bank ties up with Cigna TTK, Reliance General Insurance

The tie-up is for providing health and general insurance to Andhra Bank's customers

Central Bank of India invites application for Credit Officers and Risk Managers vacancies

Last date for online registration is September 30, 2016