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'India Financial Services' - 72 Video Result(s)

'India Financial Services' - 1000 News Result(s)

  • Fitch Downgrades PNB; Affirms Ratings of 9 Other Banks

    Fitch Downgrades PNB; Affirms Ratings of 9 Other Banks

    Besides, the agency has cut its India real GDP growth forecasts to 7.8 per cent for FY16 from 8 per cent, and to 8.1 per cent for FY17 from 8.3 per cent.

  • Yes Bank to Enter Credit Cards Business

    Yes Bank to Enter Credit Cards Business

    It is targeting to increase the branch network to 1,500 by March 2018 and 2,500 by March 2020, from the 630 as of end of June 2015.

  • RBI Seeks Change in How Banks Set Lending Rates

    RBI Seeks Change in How Banks Set Lending Rates

    The RBI wants banks' lending rates to be sensitive to policy rates, it said in a circular on draft base rate guidelines on Tuesday.

  • Government Bonds Over-Subscribed; FIIs Put in Bids Worth Rs 987-Cr

    Government Bonds Over-Subscribed; FIIs Put in Bids Worth Rs 987-Cr

    Foreign investors are allowed to invest up to $25 billion (Rs 1,24,432 crore) in government debt securities through auction while an investment of up to $5 billion (Rs 29,137 crore) is permitted 'on tap'.

  • RBI Names SBI, ICICI Two Banks "Too Big to Fail"

    RBI Names SBI, ICICI Two Banks 'Too Big to Fail'

    In compiling Monday's list, the RBI had said banks larger than 2 per cent of India's economy would be selected, but it also considered factors beyond size, including complexity, interconnectedness, international links and the institutions' ability to be replaced.

  • RBI Official Asks Banks Not to Use Government Capital to Clean Books

    RBI Official Asks Banks Not to Use Government Capital to Clean Books

    The government increased its recapitalisation commitment for this year to Rs 25,000 crore from the budgeted Rs 7,900 crore, and has also affirmed its commitment to allocate Rs 70,000 crore over the next three years to 27 state-run banks.

  • Government to Infuse Rs 947 Crore in Canara Bank

    Government to Infuse Rs 947 Crore in Canara Bank

    It said the board of the bank at a meeting held on Monday approved the proposal of issuing equity shares on preferential basis to the government in lieu of the capital infusion.

  • SBI Expects Jan Dhan Accounts to Break Even Next Year

    SBI Expects Jan Dhan Accounts to Break Even Next Year

    He said in terms of number of such accounts, the bank nearly doubled to 7.81 crore as of end June, of which pre-Jan Dhan accounts were 3.95 crore. In June 2014, the number of such accounts stood at 3.76 crore, he said.

  • SBI Not Averse to Fund Start-Ups: Report

    SBI Not Averse to Fund Start-Ups: Report

    The bank has neither invested in any start-up yet, nor in talks with any, the official added.

  • Payments Banks: NPCI to Ramp Up Capacity to 100 Million Deals a Day

    Payments Banks: NPCI to Ramp Up Capacity to 100 Million Deals a Day

    He said the RBI-promoted NPCI, which hosts switches necessary for completing financial transactions, has already floated a request for proposal (RFP) for the same and expects to finish the ramp-up in three years.

  • RBI Likely to Keep Repo Rate Unchanged in September: SBI

    RBI Likely to Keep Repo Rate Unchanged in September: SBI

    State Bank of India chairperson Arundhati Bhattacharya on Friday said the Reserve Bank of India is likely to keep repo rate unchanged in the September monetary policy review due to the uncertainty in the markets and a volatile rupee.

  • Money Markets to Remain Open on All Saturdays: RBI

    Money Markets to Remain Open on All Saturdays: RBI

    With government declaring the second and fourth Saturdays as public holiday for banks from September 1, the Reserve Bank of India said on Friday that all money market segments will continue to remain open on all Saturdays.

  • Savings on Oil Will Help in Funding Social Security Schemes: Jaitley

    Savings on Oil Will Help in Funding Social Security Schemes: Jaitley

    Global oil prices slumping to six year lows and the accompanying fall in commodity prices will help India save money on its import bill that can be used to fund social security schemes as well as for infrastructure building, Finance Minister Arun Jaitley said on Friday.

  • ECBs, NRI Deposits Push External Debt to $476 Bn

    ECBs, NRI Deposits Push External Debt to $476 Bn

    India's total external debt rose by $29.5 billion, or 6.6 per cent, to $475.8 billion at the end of March, mainly due to an increase in external commercial borrowings (ECBs) and NRI deposits.

  • Bank Credit Growth Decelerates to 8.6% in Q1

    Bank Credit Growth Decelerates to 8.6% in Q1

    Scheduled commercial banks' credit growth slowed to 8.6 per cent in quarter ended June 2015, as against 12.9 per cent in the corresponding period a year ago, data from the Reserve Bank of India showed.

  • RBI May Cut Key Rates in September: Deutsche Bank

    RBI May Cut Key Rates in September: Deutsche Bank

    The central bank has cut rates thrice by a cumulative 0.75 per cent this year and with positive inflation data emerging, pressure has been increasing on it to cut lending rates further, which can boost the recovery.

  • Rajan Comes Down Heavily on Defaulting Corporate Borrowers

    Rajan Comes Down Heavily on Defaulting Corporate Borrowers

    Reserve Bank of India Governor Raghuram Rajan on Thursday came down heavily on promoters of some large distressed companies taking advantage of lenders' fear of an asset turning dud and making unjustified demands.

  • Banks Asked to Streamline Lending Policies for MSEs

    Banks Asked to Streamline Lending Policies for MSEs

    The Reserve Bank of India on Thursday asked all scheduled commercial lenders to streamline their policies for the MSEs (micro and small enterprises) sector.

  • RBI Withdraws Banks' 25% Compensation for Detecting Fake Notes

    RBI Withdraws Banks' 25% Compensation for Detecting Fake Notes

    The Reserve Bank of India on Thursday said it has withdrawn the instructions on compensation to banks at 25 per cent of the notional value of counterfeit notes detected.

  • Government, RBI Reach Consensus on Monetary Policy Panel: Jayant Sinha

    Government, RBI Reach Consensus on Monetary Policy Panel: Jayant Sinha

    The government and the Reserve Bank of India have reached a consensus on the structure for the proposed interest-rate setting Monetary Policy Committee (MPC), Minister of State for Finance Jayant Sinha said on Thursday.

  • RBI Fines 2 Co-Operative Banks Under Anti-Money Laundering Rules

    RBI Fines 2 Co-Operative Banks Under Anti-Money Laundering Rules

    Taking serious note of violation of anti-money laundering (AML) and KYC (know your customer) norms, the Reserve Bank of India has imposed fines on Bhopal-based Krishna Mercantile Co-operative Bank (KMCB) and Khargone Nagrik Sahakari Bank (KNSB).

  • Fed Rate Hike, Earnings, Bihar Polls to Drive Indian Markets: BofA

    Fed Rate Hike, Earnings, Bihar Polls to Drive Indian Markets: BofA

    The three major events that are likely to drive the Indian markets in the coming few weeks are a rate hike by the Federal Reserve, corporate earnings and Bihar polls, according to a report by global financial services major Bank of America-Merrill Lynch (BofA-ML).

  • ICICI Bank Unveils First Guarantee-Backed Home Loan Product

    ICICI Bank Unveils First Guarantee-Backed Home Loan Product

    It will help customers raise the eligible amount by up to 20 per cent and increase the tenure by up to seven years, MD and CEO Chanda Kochhar told reporters here.

  • Edelweiss Financial Services Shares Surge Over 4%

    Edelweiss Financial Services Shares Surge Over 4%

    This is the second FDI proposal to come to the insurance space after the government passed a new law allowing 49 per cent foreign holding in the sector. The first FDI proposal was that of Bharti Axa.

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