Page 967 - Finance News
SBI merger with associates, BMB exempt from CCI approval
As per the amendment to the Competition Act, consolidation in the banking sector space is exempt from the approval of CCI
 "SBI merger with associates, BMB exempt from CCI approval")
Credit bureaus want RBI to make payments banks its members
Credit information companies say data share by payments banks will help analyse borrower behaviour in a better way
 "Credit bureaus want RBI to make payments banks its members")
Urjit Patel's appointment as RBI governor signals continuity: Fitch
Fitch director Thomas Rookmaaker said Patel is well-positioned to further institutionalize policy changes
 "Urjit Patel's appointment as RBI governor signals continuity: Fitch")
Amul MD Sodhi appointed on board of India Post Payment Banks
Sodhi is one of the five independent members to be appointed on the board IPPB, which is set to be operational in March 2017
 "Amul MD Sodhi appointed on board of India Post Payment Banks")
Expectations high as Urjit Patel appointed RBI Gov
Arun Jaitley in a tweet said Urijit Patel will successfully lead the Reserve Bank and contribute to India's economic development
Income tax collection from Mumbai rises 9% to Rs 67,185 crore
Mumbai region officials are confident of meeting the target of Rs 2.79 lakh crore by the end of the year
 "Income tax collection from Mumbai rises 9% to Rs 67,185 crore")
Market outlook: Appointment of new RBI Governor to add positive vibes
Market observers see Urijit Patel's appointment as a positive development and expect equity markets to give a mildly positive reaction
 "Market outlook: Appointment of new RBI Governor to add positive vibes")
CEOs want new RBI governor to cut interest rates by Oct
Lower rates will help revive stalled projects
 "CEOs want new RBI governor to cut interest rates by Oct")
Patel is superb, looking forward for better days of Indian economy, RBI: Moily
However, the Congress leader rues that Raghuram Rajan's exit will be a great loss
Continuity signal for Mint Road
Urjit Patel, who proposed inflation-targeting and monetary policy committee, gets three-year term as RBI's 24th governor
 "Continuity signal for Mint Road")
How Modi govt chose Patel to succeed Rajan
The very fact that Patel has been in RBI as a deputy governor worked in his favour because an outsider might take longer to get familiar with RBI's functioning
 "How Modi govt chose Patel to succeed Rajan")
Urjit Patel: The insider
The new central bank boss is an inflation warrior
 "Urjit Patel: The insider")
 "RBI under Rajan: Building credibility for RBI")
The other side of Raghuram Rajan
When Rajan chooses to respond to a query, which is the norm rather than the exception, the responses are sprinkled with interesting anecdotes to drive home the point
 "The other side of Raghuram Rajan")
Merger with associates to add $120 billion to asset base: SBI
The mergers will dwarf ICICI Bank assets to just one-fourth of SBI; catapult the bank into top 50 banks globally
Moderate tax rates, evasion cannot coexist, says Jaitley
Says industry and business must pay taxes which is due, repay loans taken from banks for economy to function
 "Moderate tax rates, evasion cannot coexist, says Jaitley")
Patel will contribute to India's growth story: Jaitley
FM also says I'm sure Patel will successfully lead RBI
 "Patel will contribute to India's growth story: Jaitley")
 "Bandhan Bank plans to enter wealth management services")
It will be idiotic to attack Patel: Swamy
He said it will be utter 'idiotic' to think he will attack Patel because he was born in Kenya
Urjit Patel is new RBI Governor: Here's how India Inc, brokerages have reacted
The industry has welcomed the decision of the government to give the job to an insider who headed a committee on monetary policy reforms
 "Urjit Patel is new RBI Governor: Here's how India Inc, brokerages have reacted")