Page 969 - Finance News

New RBI Governor likely to be announced today

Speculation about Raghuram Rajan's successor has been doing the rounds for past few weeks

SBI announces results for PO mains recruitment exam 2016

Candidates can check the result on SBI's official website. The interview call letters for successful candidates should be issued August 24, 2016 onwards

Traders see long and bumpy road to bond index

ond traders say in India, where 95% of the bonds are placed privately, the index would hardly serve any purpose

Krishnamurthy, MD & CEO of Catholic Syrian Bank, quits

Sources in the bank confirmed he had resigned last week due to financial performance over the last one year

Mutual funds cut banking stocks exposure to Rs 82,000 cr in July-end

Experts have attributed the trim in allocation to banking stocks to mounting bad loans of public sector banks

10 points to consider in RBL Bank's IPO

It is very likely that the bank's IPO will sail through if the pricing is right and promoters leave something on the table for new investors

Merger of SBI, associates fair and logical: Experts

The only exception could be State Bank of Mysore as its stock could see some correction given the swap ratio for its shareholders

Panel suggests forcing large firms to bond market

RBI in May suggested banks should cut lending to highly leveraged companies and force them to tap the bond market route instead

Share swaps kick off SBI merger

Five associate banks, BMB will merge with SBI by Mar 2017

India Post Payments Bank incorporated, to start ops

Operations to start by September 2017

Citi India focuses on instant loans to grow retail book

Lender is keeping its instant loans offering for existing customers

Jaitley meets PM over new RBI Guv's appointment

Top contenders for the RBI Governor's post are current Deputy Governor Urjit Patel and former deputy governor Subir Gokarn

India to soon allow banks to pledge corporate bonds to borrow from RBI

This could spur more buying of the debt by lenders as now banks can only pledge government securities from RBI

SBI board gives consent for acquiring 4 banks

Entities are State Bank of Bikaner and Jaipur, State Bank of Mysore, State Bank of Travancore and Bharatiya Mahila Bank.

We'll let you know on RBI governor: Arun Jaitley

'You will come to know the conclusion, not the process,' Jaitley said

ICICI goes live with banking transaction product on mobiles

The bank claimed that it is the first lender in Asia to offer such a product under the label of 'iMobile SmartKeys'

We moved the needle forward a bit everyday, says RBI Guv

Rajan said he did not want to offer suggestions to his successor

Rajan says attacks on him abominable; was open to extension

In an interview to a news channel he said the process of dialogue with the government did not reach a stage where he could have agreed to stay on

Whatever I say will be problematic: Rajan on Modi

Some suggest his candid public speeches made the govt uncomfortable about reappointing Rajan for another term

What Raghuram Rajan's successor needs to do

The next RBI Governor's job will be larger and far beyond mere management of targets