Page 998 - Finance News

60,000 signatures, five online petitions bat for RBI Governor Raghuram Rajan's second tenure

Two petitions voting against RBI Governor's second term exist, but they have garnered very less support

Marginal gain in banks' Tier-I capital from Reserve Bank's easing

Currently, RBI mandates that banks should have a minimum tier-1 capital of 7% and total capital adequacy of 9%

Bank defaulters won't be allowed to sleep well, warns Arun Jaitley

Finance Minister promises capital support to banks, attributes most NPAs in certain sectors to business losses

Banks may demand more capital

Against the current infusion plans of Rs 25,000 crore, banks may seek more after they reported Rs 20,000 crore losses in FY16

Need to get banks in best of health, keep up growth momentum:FM

The Finance Minister is set to have a meeting with CEOs of PSBs tomorrow to discuss challenges that face the sector

Jaitley to review state-run banks performance on Monday

Jaitley would "review the overall performance of PSBs during financial year 2015-16

Raghuram Rajan deserves second term at RBI: Princeton economist

Says Governor must get full operational independence when it comes to pursuing targets on employment, growth and inflation

RBI likely to maintain status quo on Tuesday

Retail inflation soared to 5.39% in April on higher food prices, reversing a downward trend seen in recent months

RBI policy to set market trend; monsoon's pace on watch

RBI is scheduled to hold its next monetary policy review on June 7

Askme Fin plans to expand product porfolio

Currently offers working capital loans to SMEs including short-term funds, overdraft, loans against receivables and bill discounting facility

I-T dept launches ATM-based validation facility for e-filing

Last month, the department had launched bank account based validation facility

Curb 'unnecessary' speculation over my future, Raghuram Rajan writes to a select few

Rajan concerned that the media reports and the rumours give the impression of it being a personality-driven contest, untrue and unfair on all concerned

Govt unhappy with PSBs' recovery record

Wants them to reach 70 per cent benchmark for provisions

Public sector banks delay plans to raise capital

RBI data show during Jan-March quarter bank credit of PSBs grew by a mere 1.4%

RBI wants overhaul of cyber security in banks

Central bank says number, frequency and impact of cyber attacks have increased manifold in recent past

Infra projects: RBI eases refinancing norms for NBFCs

GIFT city signs MoA with Singapore arbitration centre

SIAC will establish its office in the IFSC-GIFT, which will be instrumental in promoting SIAC's arbitration services to Indian users

Raghuram Rajan not seeking second term as RBI governor: report

The RBI chief is said to have written to PM Modi to relieve him of his duties after his term ends in September, Ananda Bazar Patrika reported

Sebi settles RBL Bank's case through consent mechanism

The move paves the way for the initial public offering of the private-sector lender

Rajan tells govt he does not want a second term: Report

Senior govt official denies any such discussion took place