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  3. bankingbureau

Banking Bureau

RBI?s forex return up at 3.9%

Out of the total foreign currency assets of $191.9 billion, $53.0 billion was invested in securities, $92.2 billion was deposited…

By Banking Bureau
July 20, 2007 00:00 IST
RBI eases derivative trading norms

In a move to further deregulate the Indian equity derivatives market, the RBI has broadened the number of instruments for…

By Banking Bureau
July 20, 2007 00:00 IST
CorpBank cuts home loans rates by 25 bps

Corporation Bank cut home loan rates by 25 basis points cross the board on Thursday This is the first bank…

By Banking Bureau
July 20, 2007 00:00 IST
Increased life span may drive down premia

There is good news for life insurance policyholders. Insurers are seriously considering a downward revision of premiums after considering the…

By Banking Bureau
July 19, 2007 00:00 IST
J&K Bank to tap ADR route

Jammu & Kashmir Bank Ltd got a board approval to raise capital through a mix of depository receipts and FCCBs,…

By Banking Bureau
July 18, 2007 00:00 IST
Interest rates likely to ease, says Kamath

KV Kamath, managing director & CEO, ICICI Bank, said interest rates are expected to come down in the next three…

By Banking Bureau
July 18, 2007 00:00 IST
Global cos eye Indian financial sector M&As

The focus on mergers and acquisitions of Indian financials service sector has increased in 2007, said a PricewaterhouseCoopers report on…

By Banking Bureau
July 18, 2007 00:00 IST
UTI Bank decides to opt for a mix of GDR, QIP

The new generation private sector UTI Bank has finally received unanimous approval from its shareholders to raise equity capital of…

By Banking Bureau
July 14, 2007 00:00 IST
Central Bank to rejig its product portfolio

Alongside the public issue that the Central Bank of India has launched, it also has plans to realign its product…

By Banking Bureau
July 14, 2007 00:00 IST
Bank of India to raise Rs 1,995 cr from bonds

In a communique to the Bombay Stock Exchange it said, the Board has approved to raise Tier-I and Tier-II capital…

By Banking Bureau
July 14, 2007 00:00 IST
Central Bank IPO price band fixed at Rs 85-102

Central Bank of India has fixed a price band of Rs 85-Rs 102 per share for its Rs 800 crore…

By Banking Bureau
July 14, 2007 00:00 IST
HDFC Bank to float $600 m overseas issue

HDFC Bank Ltd, India?s third-biggest by market value, may benefit from overseas demand for Indian bank stocks in its planned…

By Banking Bureau
July 12, 2007 00:00 IST
Consolidation in banks will lead to rating upgrade, says Moody?s

In a report on ?Banking System Outlook: India? Moody?s has said that there is a scope for consolidation in the…

By Banking Bureau
July 12, 2007 00:00 IST
Crisil launches bank loan ratings

Rating agency, Crisil, launched its first set of Bank Loan Ratings meant for banks when Basel II capital adequacy norms…

By Banking Bureau
June 29, 2007 00:00 IST
SBI to tap capital market

The country?s largest government bank, State Bank of India, plans to hit the capital market by the end of this…

By Banking Bureau
June 29, 2007 00:00 IST
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