Finance News - Page 7

Bank strike called off but truce is temporary; full autonomy for banks only solution

State-run banks cannot afford to hold on to their archaic methods of functioning and wage settlement if they want to retain their market share

Budget 2015: State-run banks desperately need capital; will FM get solution right?

Beyond the pacifying words on autonomy and support at the Gyan Sangam, Jaitley will have to bring himself some concrete roadmap in the budget

Exclusive: SBI set to take possession of Mallya’s Kingfisher House in Mumbai

Even if SBI manages to take possession of the property and sell it, that will help the lender to recover only a fraction of the total repayment obligations

As bank staff prepare for next strike, will they also look at rising customer complaints?

If the service standards continue to deteriorate, public sector banks will have no customers and if there are no banks, unions will also cease to exist

Capital as reward for efficiency: Some public banks get a raw deal from govt

Would smaller, ‘less efficient’ banks have to die a natural death in due course?

Rewarding efficiency: Govt to Infuse Rs 6,990 cr in 9 public banks

The capital infusion has been decided based on the performance of the bank. Better the performance higher will be the infusion

Crisis looms over public banks as no roadmap yet on govt capital infusion

In the absence of a clear road map, it wouldn’t be too distant a future before one sees a crisis situation in some of the weaker state-run banks

SKS to Vodafone: Microlenders, telcos may emerge as banks to serve poor

India is set to witness the biggest banking revolution ever happened. Good news for half of the country’s unbanked poor

Jan Dhan: Drop in zero-balance accounts as LPG cash subsidies flow in

The Jan Dhan Yojana scheme's success depends on how active these accounts become. One sign: the number of zero-balance accounts is falling. The LPG cash transfers may be helping

RBI list: Videocon, V Balakrishnan among 113 seeking small, payment bank licences

As many as 72 applications for small finance banks and 41 applications for payments banks were received by the RBI

RBI's SLR cut won't boost lending but it will benefit banks in the long term

In the long term, the SLR cut will make the country’s banking system efficient to cater to the demands of a growing economy

Shake-up ahead: 113 apply for niche bank licences, says RBI governor

Rajan said the RBI has formed two external committees to evaluate applications received

RBI policy: No case for a rate cut today; but will governor Rajan surprise again?

If one goes by the indications, Tuesday’s policy is likely to be largely a non-event; but Rajan can always surprise

RBI policy: Forget rate cut, watch out for its views on rupee, food inflation, revised GDP

The market and the business community will focus more on the RBI's stance in the statement and in the governor's press conference

Microlenders' new avatar as small banks can be a game changer for rural customers

Once micro-finance institutions become banks, they can tap public savings and lower their dependence on bank finance

RBI monetary policy: Don't expect a rate cut, but Rajan may want to surprise markets more

It will be of interest to hear whether or not the RBI would be talking of its present ideology with respect to the number of policies that it would be pursuing

ICICI chief gets paid 20 times more than SBI head: Why govt must reform wages in public banks

Individual banks should be given the autonomy to offer deserving compensation to those who employees who perform well

SBI's Rs 15,000 cr share sale: Other public banks too should make hay while market shines

This is a wake up call for other state-run banks too to begin tapping the fresh investor appetite before the market gets crowded by a series of similar issues

Reading tea leaves from Union Bank results: Stress on state-run banks continues

Union Bank’s numbers are in contrast to its private peers which have witnessed an improvement in NPA situation

Mr Subramanian, nothing will change for common man with RBI rate cuts now

Until the time banks choose to cut their lending rates in a meaningful manner for the retail customer, the RBI rate cut doesn’t have much sense for the common man

Forex kitty swells to hit a record but still RBI shouldn't use it to fund infra

Once the stalled projects are up and running, foreign investments will naturally flow in.

SBI in 100 mn euro loan pact with European Investment Bank to aid SMEs

Agreements related to the first tranche of 55 million euro and the second of 45 million euro were signed in June and November 2014

Thank low oil prices, high FII inflows: India's forex kitty at a record $322 bn

The reserves jumped by $2.66 billion to reach $322.135 billion in week ended January 16

After Suzlon sale, more distress sales coming as banks toughen stand on dues

Selling non-core assets to clean-up the balance sheets, will be a win-win situation for both banks and the companies

Exclusive: Govt to list out top rated education institutes to streamline student loans

Students of the listed educational institutes will gain access to loans in a hassle-free manner

Economic revival: RBI rate cut no magic wand as banks stare at rising stress

It remains to be seen to what extent the government will fulfil the capital requirements of state-run banks or lay down a roadmap for this

Banks open 11.5 cr Jan Dhan accounts, Guinness record for Modi's pet scheme

The record has comes even as there are doubts about the veracity of the accounts opened.

Results decoder: Kotak Bank good show as provisions fall; South Indian sees stress

Private banks have gained in the recent quarters with their increased focus on low-risk retail lending and gains from their investment portfolios.

Kudos to Rajan: RBI move on base rate will make loan pricing more transparent

The changes suggested will make banks more responsive to the rate signals from the Mint Street and put in place some fair rules when it comes to pricing of credit

Swiss shocker: Central banks aren't God; they can't revive growth without fiscal backing

The Swiss National Banks' decision to abandon the euro exchange rate ceiling last week shows the limits to central bank power in turning the tide against deflation, It is time for fiscal policy to step in.