Page 980 - Finance News
Stressed asset funds may help reduce differences over valuations
Such funds are likely to take a middle path and arrive at a realistic valuation that is acceptable to ARCs and banks
 "Stressed asset funds may help reduce differences over valuations")
Bank recapitalisation stares at Sebi hurdles
Bank CFOs may meet next week to discuss minimum public shareholding and takeover rule issues
 "Bank recapitalisation stares at Sebi hurdles")
Govt infusion in banks still short, say Icra & Fitch
Fitch said the government's capital infusion was unlikely to address the weak profitability of these banks
 "Govt infusion in banks still short, say Icra & Fitch")
Micro loan interest rates down on lower cost of funds
Due to successive rate cuts by the RBI
 "Micro loan interest rates down on lower cost of funds")
It was baptism by fire: Subbarao on early day as RBI guv
"I was plunged into crisis management even before I could settle into the job," Subbarao said here at the launch of his book Who Moved My Interest Rates?.
 "It was baptism by fire: Subbarao on early day as RBI guv")
 "Wilful defaulters owe banks Rs 58,792 crore, says AIBEA")
Axis cuts base rate by 10 bps
These new rates will be effective from July 27
 "Axis cuts base rate by 10 bps")
Small finance bank hopefuls queue up for final approval
Last year, for the 1st time the central bank had granted in-principle approval to 10 entities for SFB
 "Small finance bank hopefuls queue up for final approval")
Stressed asset banks being readied for infra lending: Rai
The process of resolving stressed assets of public sector banks in India has commenced, preparing them to bounce back into infrastructure financing by March next year, a senior official of top banks g
CDC invests Rs 1,000 crore in India Infoline Finance
CDC would be holding 15% equity in the NBFC
 "CDC invests Rs 1,000 crore in India Infoline Finance")
Bankers list hurdles in financing power projects
Cite low PLF, no long-term PPAs, delays in land acquisition and green nod as key hurdles
 "Bankers list hurdles in financing power projects")
AIBEA names Kingfisher Airlines, Winsome Diamonds among willful defaulters
In all 5,610 accounts blocked over Rs 58,000 crore of banks, says association
 "AIBEA names Kingfisher Airlines, Winsome Diamonds among willful defaulters")
Govt equity infusion in PSBs though positive is inadequate: ICRA
Bankers frustrated over big chunk for loss making banks
 "Govt equity infusion in PSBs though positive is inadequate: ICRA")
SBI launches Rs 7,000 crore stressed assets fund with Brookfield
While the state-run bank will contribute up to 5% of its total investments
 "SBI launches Rs 7,000 crore stressed assets fund with Brookfield")
Brookfield to invest Rs 70 bn in JV with SBI for Indian distressed assets
While the state-run bank will contribute up to 5% of its total investments
 "Brookfield to invest Rs 70 bn in JV with SBI for Indian distressed assets")
Recapitalising PSU banks: Is it enough?
Global rating agency Fitch estimates the banking system needs around $90 bn of capital
Capital infusion won't solve banks' woes, say analysts
Timing good but money not enough for lenders to grow business
 "Capital infusion won't solve banks' woes, say analysts")
Indian banks stragglers in mobility
Axis Bank, Citi, DBS, HDFC Bank, ICICI Bank, SBI were tracked
 "Indian banks stragglers in mobility")