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    1. Business News
    2. Authors
    3. bankingbureau

    Banking Bureau

    Crisil?s first non-investment grade rating for HVPNL

    The corporate credit rating of ?CCR BB+? is among the first non-investment grade ratings to have been accepted by an…

    By Banking Bureau
    September 7, 2007 00:00 IST
    LIC signs MOU with GE Money for card venture

    Life Insurance Corporation has signed an Memorandum of Understanding with GE Money India, Corporation Bank, LIC Housing Finance Ltd and…

    By Banking Bureau
    September 7, 2007 00:00 IST
    India?s structured finance issuance doubles: Moody?s

    Moody’s Investors Service says that domestic issuance of structured finance transactions in India grew 90% to $5.5 billion in 1H07…

    By Banking Bureau
    September 7, 2007 00:00 IST
    ?Asian corporates not facing liquidity issues due to subprime defaults?

    Moody’s Investors Service Wednesday said that while significant volatility has occurred in credit markets recently due to the US subprime…

    By Banking Bureau
    September 6, 2007 00:00 IST
    ICICI Bank inks $1.5 bn syndicated loan facility

    India?s largest private sector bank,ICICI Bank, signed on a $1.5 billion deal, the largest offshore syndicated loan by a financial…

    By Banking Bureau
    September 5, 2007 00:00 IST
    Domestic factors set to fuel inflation: Credit Suisse

    In 2008, inflation in China, India, Hong Kong and Singapore may be surprisingly high due to domestic rather than global…

    By Banking Bureau
    September 4, 2007 00:00 IST
    GIC Re?s obligatory cession to be reduced to 10 % in ?08

    General Insurance Insurance Corporation, the country?s official reinsurer will see its obligatory cession reduced to 10% from the existing 15%…

    By Banking Bureau
    September 4, 2007 00:00 IST
    RBI for customer panels in banks

    The Reserve Bank of India has again advised banks to set up branch level customer service committees and include their…

    By Banking Bureau
    September 4, 2007 00:00 IST
    Rupee completes worst month; 10-yr bonds gain

    The rupee rounded off the worst month since May 2006 as global funds pared emerging-market assets, selling a record amount…

    By Banking Bureau
    September 1, 2007 00:00 IST
    Money supply slows down, forex kitty surges

    Money supply grew at the slowest pace since May, during the two weeks ended August 17, central bank data showed.

    By Banking Bureau
    September 1, 2007 00:00 IST
    Strong rupee hits RBI books

    The decrease happened as the central bank saw increasing volumes of foreign currency that had to be revalued at lower…

    By Banking Bureau
    August 31, 2007 00:00 IST
    RBI cautions on prices, subprime delinquency

    Despite remaining bullish on growth in 2007-08, the Reserve Bank of India has expressed concern that shortfalls in farm output…

    By Banking Bureau
    August 31, 2007 00:00 IST
    High forex inflows concerns RBI

    The Reserve Bank of India has expressed concern over net capital flows as they have remained substantially above the current…

    By Banking Bureau
    August 31, 2007 00:00 IST
    Managing policy signals complex, says RBI report

    The major policy challenge for the monetary policy has been the combined management of a higher growth path while containing…

    By Banking Bureau
    August 31, 2007 00:00 IST
    ?Rationalisation of tax concession required?

    The Reserve Bank of India, in its annual report, has suggested that in order to broaden the tax base, it…

    By Banking Bureau
    August 31, 2007 00:00 IST
    ?Green revolution is needed?

    The scope of agriculture as a contributor to India?s overall growth might have definitely reduced over the years, however, its…

    By Banking Bureau
    August 31, 2007 00:00 IST
    Bank unions plan strike on Sept 12

    The All-India Bank Employees? Association and the United Forum of Bank Employees? Union will jointly strike work on September 12.

    By Banking Bureau
    August 29, 2007 00:00 IST
    ICICI Bank may face RBI hurdle for setting up holding company

    ICICI Bank may face some regulatory problems to set up holding company to fund its two insurance companies and one…

    By Banking Bureau
    August 28, 2007 00:00 IST
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