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Banks seek new strategy to tackle stressed assets With bad loans rising and big corporates, including the Reliance Group, GMR, Essar and Adani, rushing for debt bailouts, banks… By George MathewJune 29, 2015 08:24 IST
Currency brokers tighten trading rules on Greek fears Online currency trading platforms braced on Sunday for extreme market moves due to events around Greece, imposing higher margins on… By AgenciesJune 29, 2015 06:14 IST
Tax treatment of Atal Pension scheme unclear, says PFRDA The tax treatment of the recently launched Atal Pension Yojana lacks clarity and even the country’s pension fund regulator PFRDA… By PTIJune 28, 2015 19:24 IST
German regulator says Ex-Deutsche CEO Anshu Jain misled Bundesbank Deutsche Bank’s co-chief executive Anshu Jain may have “knowingly made inaccurate statements” to Germany’s Bundesbank during investigations into manipulation of… By ReutersUpdated: June 28, 2015 08:55 IST
Indian rupee drops by 9 paise at 63.75 against US dollar Foreign portfolio investors (FPIs) pumped in USD 139.45 million dollars during the first four days of the week, as per… By PTIJune 27, 2015 15:45 IST
Banks unable to find buyers for seized assets of defaulters Sluggish economy, land acquisition ensure properties remain unsold. By Khushboo NarayanJune 27, 2015 13:48 IST
How rainwater can save a bucket of rupees A new study, using NASA data, has suggested that rainwater can save people in India a bucket of money. By ANIJune 27, 2015 06:00 IST
IndusInd Bank raises Rs 5,000 cr as QIP subscribed 2x; proceeds to bolster CAR Private sector lender, IndusInd Bank successfully raised R5,000 crore through a private placement that began on Thursday. By FE BureauJune 27, 2015 00:43 IST
RBI rejects most bids at bond auction As yields soar, cancels three out of four tranches being sold By FE BureauJune 27, 2015 00:38 IST
Allahabad Bank seeks Rs 1,000 cr from govt, may raise Rs 1,500 cr via bonds Allahabad Bank’s capital adequacy ratio stood at 10.45% as of March 31, 2015, as per Basel-III norms By FE BureauJune 27, 2015 00:36 IST
Axis Bank queues up, cuts base rate to 9.85 pct Still, Axis Bank base rate is higher than the 9.7 per cent offered by ICICI Bank, HDFC Bank and the… By PTIJune 26, 2015 19:04 IST
RBI stress test shows likely jump in bad loans for private banks The Reserve Bank of India also said the probability of slippage of state electricity boards’ exposure to bad loans is… By ReutersUpdated: June 26, 2015 13:13 IST
NDB will be open for equity, capital market tools for project finance: KV Kamath The New Development Bank (NDB) will be open to equity and capital market tools for project finances, its president KV… By ANIJune 26, 2015 11:01 IST
Indian rupee falls for 4th day vs dollar, eases 2 paise The Indian rupee declined by 3 paise to 63.65 against the US dollar in early trade today, extending weakness for… By PTIUpdated: June 26, 2015 18:51 IST
Arvind Panagariya pitches for a larger dose of rate cut The National Institution for Transforming India (NITI) Aayog vice-chairman Arvind Panagariya told The Financial Express there is room for a… By Santosh TiwariUpdated: June 26, 2015 10:04 IST
Pre-2005 currency notes can now be exchanged till Dec 31; here’s how to identify them Reserve Bank of India has extended the date for the public to exchange their pre-2005 banknotes till December 31, 2015. By PTIUpdated: June 26, 2015 11:23 IST
Bad debt stressing out banks The gross non-performing asset (NPA) ratio — bad loans as a percentage of total loans — for the Indian banking… By GuestJune 26, 2015 01:21 IST
ICICI Bank cuts base rate to match rivals At 9.7%, lending rate now on a par with SBI & HDFC Bank By FE BureauUpdated: June 26, 2015 10:30 IST
