Finance News - Page 6

Modi's comments on farm sector lending is grossly unfair; banks have always lent to farmers

It is time government thinks about ways to mobilise funds for farm sector from non-banking sources and stop forcing banks to lend

Anemic core sector growth puts more pressure on RBI to cut rates again

The weakness in core sector growth, along with falling inflation expectation of households, would logically put pressure on Reserve Bank of India (RBI) governor, Raghuram Rajan, to cut rates as early as the 7 April policy announcement.

Rate cut next week? Some believe Rajan will surprise again though macros don't favour

There aren’t any convincing data between last policy and now that makes a case for a rate cut. But there is surely a consensus building up

Reining in bad loans: RBI vows to trim banks' exposure to corporates

The central bank also said it would consider setting a minimum percentage of capital requirements that companies must raise from corporate bond and commercial paper markets

Crude shock: Deeper crisis in Yemen could mean your loan rates won't fall as expected

India being heavily dependent nation on imported fuel, any major external shocks can significantly upset the inflation projections and rate stance of the central bank

Political decision or commercial call? SBI MF shelves Shariah fund; Cong MP questions

SBI has refuted the claim saying it was a commercial call

Stop banking on LIC: S&P's note should show FM that he shouldn't rely on insurer to save public banks

The government's possible intention of bailing out state run banks using funds from LIC is a bad idea.

In Lagarde’s praise for India is a caution Raghuram Rajan cannot afford to ignore

Clearly, Rajan can take a lesson or two from IMF chief’s warnings to avert a repetition of west-like financial crisis.

Tapping market may not solve public banks' capital woes: An MF exec explains why

Patil is bullish on sectors that have domestic focus such as auto, but advises retail investors to be cautious while picking up stocks

Jaitley's auction paradox: Without bankruptcy code, high bids also endanger banks

The coal and spectrum auctions are good for the exchequer, but if banks have to lend to bidders and some of them go bust, the problem will blow up in Arun Jaitley's face as banks begin to face bankruptcy

Did Raghuram Rajan jump the gun? IMF's warning on inflation seems to say so

If indeed inflation rises from its grave, Rajan may have to explain his rate easing policy stance

All gossip: SBI denies rumours it scrapped Adani's $1 bn loan plea for Australia project

Adani Mining is building a 300-km rail line for its mega $16 billion Carmichael coal mine project in Australia's Queensland state

Insurance Bill is a paradigm shift; LIC likely to struggle to keep up with rivals

There is only one solution for all these problems: LIC should be allowed to function on its own - take investment decisions on its own.

Jaitley's bank strategy is messy: Weak PSBs may not find many takers in market

State-run banks should be left to operate on their on and chances of their survival should be based on their competence, not the government aid

Why are banks not cutting rates? Arun Jaitley to take up issue with PSU bank chiefs today

At Wednesday's meeting, Jaitley would also review the progress made on decisions taken at the two-day Gyan Sangam

Get this: Top 10 defaulters account for Rs 28,000 cr of state-run banks' NPAs

This in percentage terms is 1.73 percent of total loans

Jaitley isn’t getting it; recovery is a mirage as long as banks remain fence-sitters

The budget was a golden chance for Jaitley to keep the economic revival story intact by refuelling the banks. By choosing not to do this, Jaitley seems to be forgetting that someone needs to really fund the India growth story

Farm lending in India is a puzzle; FM must solve it before giving targets for banks

The only option is to plug the leakages in the credit disbursal system to ensure that the loans reach the intended beneficiary

Sensex crosses 30,000, Nifty at life high as markets cheer RBI rate cut

The Nifty was also a life time high as markets cheered the RBI's decision to cut monetary rates, a decision that it sees as a boost for industrial growth.

RBI's surprise rate cut: Here's why the central bank decided to back the govt

The RBI has endorsed the government's roadmap for economic recovery.

Surprise! RBI cuts repo rate to 7.5%, joins govt's plan to kickstart growth

In an early morning press release the central banks said that the "softer readings on inflation are expected to come in through the first half of 2015-16 before firming up to below 6 per cent in the second half.

With govt getting a say, RBI’s inflation fighting will never be the same

The new set-up will help the RBI escape from the mud-slinging from the finance ministry every time there is rate hike, but will also reduce its powers

RBI-govt deal on monetary policy cuts both ways; FM also has to deliver

Contrary to the general assumption, the monetary policy framework that assigns the task of management to the RBI is not one-sided. It implicitly commits the government too to a sensible fiscal policy, though this is not stated.

Core sector grows just 1.8% but Jaitley should not bank on RBI rate cut for growth

A growth revival is possible only if the Narendra Modi government walks the talk. The solution is not another RBI rate cut

Union Budget 2015: Jaitley brings cheer for banks and NBFCs

Finance Minister Arun Jaitley on Saturday announced a slew of measures which experts said would help “energise” the banking system further, power recovery of loans and streamline decision-making.

Budget 2015: Jaitley adds sparkle to gold, encourages buying and selling of yellow metal

Finance minister announces gold monetisation scheme and a sovereign gold bond apart from steps to boost recycling of the metal.

Economic Survey does a Raghuram Rajan, hits bull’s eye on banking reforms

The responsibility of acting on recommendations such as reforming state-run banks and bringing in bankruptcy laws, rests with the government.

How to revive growth in India? Economic Survey hits the nail on the head

The government would do well if it acts in the direction offered by the economic survey

Budget 2015: What happened to the Rs 10,000 cr startup fund Mr Jaitley?

Industry leaders allege that beyond the budget announcements, the implementation of the scheme has been poor on the ground.

Budget 2015: Jaitley should unveil a solid plan to refuel NPA-ridden public banks

Until the time the government remains the majority owner in state-run banks, it can’t escape from the responsibility of funding these entities