Finance News - Page 4
Jaitely’s reluctance to fund banks is dangerous; weak lenders will derail India story
Does this government have the courage to embrace such a radical reform step?
A Mallya case study: Judiciary shouldn't play spoilsport when banks deal with crony-raj
It is high time judiciary exercised a bit more caution while dealing with cases like Kingfisher Airlines
RBI debt recast norms: Banks will be left holding the bag if no buyers for firms turn up
Equity conversion may not do much help in actual recovery of money unless banks manage to pull off a quick sale of the distressed assets
Reserve Bank allows banks to take control of companies that fail debt restructuring
The measure was part of a set of guidelines announced by the RBI on Monday on the SDR scheme, which provides a more flexible process for lenders to recover bad loans.
A farm loan bubble in the making: Public banks wouldn't love a good drought
It is high time the government separated politics and economics of the agriculture sector and stopped fixing annual farm-loan targets for banks
SBI union stand-off: Bank should use this chance and hive off its associates
Instead of pushing for merger with associates, SBI should use this window of opportunity to divest stake in subsidiaries
RBI rate cut: Cheaper EMI an illusion unless banks get over their profit hunger
Nine large Indian bans have NIMs above 3 percent while US banks' average stands around 2.95 percent
RBI policy today: A cut in CRR should do the trick to nudge banks to lend more
It is important at this stage to make lendable capital available for banks to resume the credit expansion and, thus, rejuvenate the economic growth
Three reasons why it may be premature to celebrate India's GDP at 7.3%
There are three areas, where economists have raised concerns, despite GDP numbers suggesting that India is now the world's fastest growing economy.
Microfinance loans are growing at a scorching pace, but it's a warning signal
The industry numbers released by microfinance institutions network (Mfin), an industry body of micro lenders, for the fiscal year 2015 indicate a very sharp pick up in the number and quantum of loans.
IBA signs pact with unions: Banks see Rs 4,725 cr outgo as staff get 15% wage hike
In the wage revision exercise, 11 employees unions and officers associations participated
Kingfisher default: It's not banks but tax-payers who should feel hopeless as Mallya has last laugh
More than being an individual case, banks' approach to Kingfisher and its disgraced King should set a strong example for other wily promoters
Ignore the markets: A year on, India Inc still firmly behind Narendra Modi
Forbes India-BMR Advisors survey of India Inc shows most feel govt is pro-development
Modi's one year: Arun Jaitley's all-is-well rant conveniently misses unpleasant part
The reason for a change to waning investor sentiments from the days of euphoria is absence of much-needed structural reforms in the economy
Post Bank of India may be dream as yet, but “imposters” wouldn’t wait
When contacted, a senior official of the postal department too denied any connection with the website/blog
Modi’s one year: Investor confidence in India is waning and Jaitley is to be blamed
Jaitley's strategy for the banking sector was flawed from the beginning
Interest rate lobby should prod Jaitley to refuel banks; an RBI cut is useless otherwise
Banks are unlikely to go for one more round of rate cut in the near future given the stress on their interest margins
Bank of Baroda Q4 profit halves to Rs 598 cr but shares rise 17%. Here's why
BoB is an encouraging signal
Schemes for poor are fine but why is govt not addressing banks' quality, cost concerns
The banking system should have been given the breathing space to properly implement the schemes
Punjab National Bank's numbers signal persisting pain on public sector banks
Until this point, the script for state-run banks is not that different from what was seen in the recent quarters
Rs 7,000 cr question: Why are public banks still going soft on tagging Mallya wilful defaulter
If left unchecked, wilful defaulters can take the Mallya’s route and drag lenders to court rooms to delay action
As Modi govt completes a year, public banks are deeper in distress and await a miracle cure
PSBs need nothing short of miracle to improve their performance, or else the only option is to wait for a slow, natural death
Bank the poor: The message Rajan's priority sector lending norms send to lenders
Small farmers are a long ignored segment; the new norms will likely change this
Kotak Bank profit up 37.5% in Q4 on higher other income; issues 1:1 bonus share
The total income rose to Rs 3,249.08 crore for the quarter ended March 31, 2015 from Rs 2,552.96 crore in the same period a year ago
Jaitley should spare zombie banks from dividend payments until they pass tough phase
Govt should give up dividend receipts at least until state-run banks tide over the tough phase
On the ground, Prime Minister's Jan Dhan scheme is still a painful affair for bank staff
Bankers say given that most account holders already have existing bank accounts, they may not be eligible for overdraft
Win for Rajan: Arun Jaitley defers plan to curb RBI's power to regulate govt debt
The minister said, however, that the government will prepare a roadmap to pursue a separate debt management agency later
KYC, money laundering norms violation: RBI slaps Rs 1.5 cr fine each on three public banks
The RBI has has cautioned eight other banks to put in place appropriate measures and review them from time to time to ensure strict compliance of KYC
HDFC net profit rises a tepid 8% to Rs 1,862 cr on deferred tax outgo in Jan-March
For the fiscal year 2014-15, consolidated net profit stood at Rs 8,763 crore as against Rs 7,948 crore in 2013-14
Stingy banks: 70 lenders yet to reduce rate despite two cuts by RBI
The reduction in base rates has been in the range of 0.1-0.5 percent so far