Page 982 - Finance News
ICICI group to train 1 lakh youth by 2017: Chanda Kochhar
She said the youth in India need to equip themselves with skills which will empower them to earn a sustainable livelihood
 "ICICI group to train 1 lakh youth by 2017: Chanda Kochhar")
Finmin to soon clear 1st tranche of capital infusion in PSBs
First tranche of capital infusion is likely to be less than Rs 20,000 crore
 "Finmin to soon clear 1st tranche of capital infusion in PSBs")
I paid the price for asserting RBI's autonomy: Subbarao
In his book, former governor says Chidambaram, Pranab were piqued by his tight rate policy; refused extension to two deputies
 "I paid the price for asserting RBI's autonomy: Subbarao")
Syndicate Bank raises Rs 930 cr via Basel III compliant bonds
Shares of the bank were trading at Rs 80.75 apiece, up 0.31%
 "Syndicate Bank raises Rs 930 cr via Basel III compliant bonds")
Bad data led to bad decisions: Subbarao
RBI often wrong-footed due to questionable data, says former governor
 "Bad data led to bad decisions: Subbarao")
Reserve Bank to issue fourth tranche of gold bonds
Application for the bonds will be accepted on July 18- 22, the central bank said
 "Reserve Bank to issue fourth tranche of gold bonds")
HDFC raises Rs 3,000 cr via India's first masala bonds
86% was taken by Asian investors, remaining was claimed by European ones
 "HDFC raises Rs 3,000 cr via India's first masala bonds")
Subbarao, Rajan and a monetary crisis
According to Subbarao, the pressure on the currency was inevitable and blaming the global developments could be an easy way out
Banks file plea in SC against Vijay Mallya for not disclosing assets
The apex court will hear the plea on July 18
 "Banks file plea in SC against Vijay Mallya for not disclosing assets")
Govt may name Rajan's successor after Modi's Africa tour
All RBI Governors in past 23 years got second term, a chain Rajan broke
 "Govt may name Rajan's successor after Modi's Africa tour")
Modi govt could name Arvind Panagariya as RBI governor
According to television reports, formal announcement will be made before July 18
 "Modi govt could name Arvind Panagariya as RBI governor")
HDFC's masala bonds subscribed three times so far
The issue is expected to close by Thursday afternoon or Friday morning
 "HDFC's masala bonds subscribed three times so far")
Limited capital pool to squeeze PSBs' loan growth, warns India Ratings
Consequently, that may adversely impact India's economic growth from FY18, says the ratings agency
 "Limited capital pool to squeeze PSBs' loan growth, warns India Ratings")
Equity MFs take liking to state-owned banks
After long hiatus, fund managers pumped money into SBI, PNB and Union Bank last month
 "Equity MFs take liking to state-owned banks")
SBI reworks strategy for HNI customers
The pilot that was rolled out in Bengaluru early this year, SBI Exclusif, witnessed encouraging results with 50% more response than projected
Equity MFs see hidden value in state-run banks
After long hiatus, fund managers pumped money in SBI, PNB and Union Bank last month
 "Equity MFs see hidden value in state-run banks")
DHFL plans to meet 10% of borrowings from retail deposits
The company plans to raise Rs 25,000-27,000 cr this year to fund loan growth and hopes to mop up 10% of this from retail deposits
 "DHFL plans to meet 10% of borrowings from retail deposits")
HDFC Bank beats major European peers on m-cap
At $45 billion, it has gone ahead of biggies such as Barclays, ING, Deutsche Bank and Credit Suisse
 "HDFC Bank beats major European peers on m-cap")
IDFC Bank snaps up Grama Vidiyal Microfinance
This is a first-of-its-kind transaction where a bank has taken over a microfinance institution (MFI) and made it a subsidiary
 "IDFC Bank snaps up Grama Vidiyal Microfinance")