Page 970 - Finance News
We moved the needle forward a bit everyday, says RBI Guv
Rajan said he did not want to offer suggestions to his successor
 "We moved the needle forward a bit everyday, says RBI Guv")
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
 "Rajan says attacks on him abominable; was open to extension")
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
 "Whatever I say will be problematic: Rajan on Modi")
What Raghuram Rajan's successor needs to do
The next RBI Governor's job will be larger and far beyond mere management of targets
Doha Bank set to open branch in Kerala
Kerela CM Pinarayi Vijayan will inaugurate the branch in Kochi next week
 "Doha Bank set to open branch in Kerala")
RBI should continue with Rajan's policies on inflation, says Moody's
Rajan, who demits office on September 4, has been pilloried by his critics for keeping interest rates high and has also been accused of stifling growth
 "RBI should continue with Rajan's policies on inflation, says Moody's")
Government to name MPC nominees soon
It is important that this framework is in place. I'm working very hard to get this in place before I leave, Rajan had said
 "Government to name MPC nominees soon")
Rajan set to bow out, leaving India strategies for inflation, bank clean-up
Govt formally adopted Rajan's consumer price inflation target of 4% with 2% points elbow room on either side
Mr Rajan's swansong
His last policy review raises hope for continuity in RBI's actions
MPC only after new RBI governor takes charge
An announcement of Raghuram Rajan's successor is expected before the end of this month
 "MPC only after new RBI governor takes charge")
Bank employees to join All India General strike on September 2
Strike called to protest against the Centre's anti-people economic policies and anti-worker labour reforms, says Unions
 "Bank employees to join All India General strike on September 2")
RBL Bank IPO to open tomorrow
The IPO will be open for public subscription on August 19 and close on August 23
 "RBL Bank IPO to open tomorrow")
BoI to tap retail investors for tier-I capital bonds
Targets Rs 1,000 cr via sale of non-core assets
 "BoI to tap retail investors for tier-I capital bonds")
Telangana against merger of State Bank of Hyderabad with SBI
State's finance minister Etela Rajender says SBH should retain its identity. It is a Telangana bank
 "Telangana against merger of State Bank of Hyderabad with SBI")
Shape up or lose out: RBI's Gandhi to banks
NBFCs have captured space vacated by lenders ignoring SME segment
 "Shape up or lose out: RBI's Gandhi to banks")
Bank of India looks to raise Rs 500 cr more from asset sale this year
In June, it raised Rs 540 cr by selling 18% stake in life insurance joint venture with Dai-ichi and Union Bank of India to the Japanese firm
 "Bank of India looks to raise Rs 500 cr more from asset sale this year")
RBI should step up communication on financial stability issues: FSB
It said the authorities should consider enhancing public communication on macroprudential policies
 "RBI should step up communication on financial stability issues: FSB")
SBI turns bullish on credit growth for FY17
Monsoon to fuel rural lending, industrial borrowing may get a leg-up
 "SBI turns bullish on credit growth for FY17")
Growth of bad loans slows as recovery increases: RBI
A recent report has shown that fresh additions to bad loans are now primarily coming from fresh loans and not from restructured assets
PSU banks underpay at top; I too feel underpaid: Rajan
In a lighter vein, Rajan said he felt he was "underpaid" as PSBs tend to overpay at the bottom but underpay their top executives
 "PSU banks underpay at top; I too feel underpaid: Rajan")