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    1. Business News
    2. Authors
    3. bankingbureau

    Banking Bureau

    MFs seek more funds infusion from Ramanathan panel

    The high-powered committee formed to monitor the domestic liquidity situation under the chairmanship of finance secretary Arun Ramanathan met in…

    By Banking Bureau
    October 16, 2008 00:56 IST
    ?Banking sector needs to worry only of domestic factors?

    Leading credit rating agency Crisil, a subsidiary of S&P, has said that the Indian banking system faced challenges in the…

    By Banking Bureau
    October 15, 2008 00:38 IST
    RBI unveils prudential norms for off-balance sheet exposure

    The Reserve Bank of India has laid down norms on issues regarding the asset classification status of overdue payments, in…

    By Banking Bureau
    October 14, 2008 00:53 IST
    Axis Bank profit jumps 77% to Rs 403 crore

    Buoyed by higher net interest income and fee-based income, Axis Bank posted a net profit of Rs 402.91 crore during…

    By Banking Bureau
    October 14, 2008 00:46 IST
    First liquidity panel meet remains inconclusive

    The high-powered committee formed to monitor the domestic liquidity situation under the chairmanship of the finance secretary, Arun Ramanathan, met…

    By Banking Bureau
    October 14, 2008 00:18 IST
    Subbarao hints at rate cut to ease credit crunch

    Reserve Bank of India governor D Subbarao has suggested a sovereign guarantee for money market transactions and mutual funds in…

    By Banking Bureau
    October 13, 2008 02:16 IST
    Moody?s reaffirms ICICI UK rating

    International rating agency Moody?s has reaffirmed its rating on ICICI Bank UK Plc with a stable outlook, in a credit…

    By Banking Bureau
    October 13, 2008 02:01 IST
    CRR cut brings cheer to bankers

    The RBI?s move to cut the CRR for banks by 150 basis points to 7.5%, thereby unlocking Rs 60,000 crore…

    By Banking Bureau
    October 12, 2008 01:17 IST
    Bank looks to raise Rs 4,000 cr from CRR cut

    ICICI Bank said it will get Rs 4,000 crore from the Reserve Bank following cut in cash reserve ratio, but…

    By Banking Bureau
    October 11, 2008 23:25 IST
    14 Indian banks have exposures in Lehman

    The deputy governor, RBI Rakesh Mohan has said out of 77 reporting banks, 14 reported exposures to Lehman Brothers and…

    By Banking Bureau
    October 11, 2008 05:26 IST
    Banks, corporates see rate cut

    Even as bond yields eased to their lowest in nearly five months on Wednesday after the US Federal Reserve led…

    By Banking Bureau
    October 9, 2008 00:48 IST
    Crisil puts Citi Indian ops on rating watch

    S&P placed its ratings on Citigroup, including the ?AA-/A-1+? counterparty credit ratings, and the ?AA/A-1+? counterparty credit ratings on Citigroup?s…

    By Banking Bureau
    October 8, 2008 02:15 IST
    Liquid remedies for sinking market

    The financial sector regulators moved in tandem on Monday to restore investor confidence in the Indian markets. The watchdogs responded…

    By Banking Bureau
    October 7, 2008 01:25 IST
    Bankers cheer CRR cut move, call rates may drop to 9%

    The banking industry, which has been reeling under tight liquidity in recent times, has lauded the move by the Reserve…

    By Banking Bureau
    October 7, 2008 00:12 IST
    ECBs, FCCBs slow down to $1.6 billion

    The external commercial borrowings and foreign currency convertible bonds raised by Indian companies slowed down to $1.60 bil in Augugust…

    By Banking Bureau
    October 4, 2008 22:39 IST
    AllBank sees deposit mop-up soar by 17%

    Allahabad Bank is targeting a loan growth of 20% and a deposit growth of 17% for fiscal 2008-09.

    By Banking Bureau
    October 4, 2008 01:40 IST
    Crisil downgrades IDBI, Corp Bank

    Credit rating agency Crisil, a subsidiary of Standard & Poor?s, has downgraded two state-owned banks ? IDBI Bank and Corporation…

    By Banking Bureau
    October 3, 2008 01:05 IST
    RBI to launch XBRL system for reporting

    The Reserve Bank of India will launch the Basel II reporting system using an advanced tool, eXtensible Business Reporting Language,…

    By Banking Bureau
    October 2, 2008 23:37 IST
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