New rules may affect short-term NBFC profitability: R. Gandhi

New rules may affect short-term NBFC profitability: R. Gandhi

Fears that the new norms will lead to higher borrowing costs and trigger repossessions are baseless, the deputy governor said
Deutsche Bank to renew focus on retail operations in India

Deutsche Bank to renew focus on retail operations in India

Bank plans on increasing loans to buy homes and for small and medium enterprises, says CEO Ravneet Gill
Kotak-ING deal not to shake dominance of Big Three

Kotak-ING deal not to shake dominance of Big Three

The new entity is unlikely to expand aggressively or eat into the business of ICICI Bank, HDFC Bank and Axis Bank
RBI cautions against credit card frauds in its name

RBI cautions against credit card frauds in its name

In a statement on its website, the central bank stated that it does not carry out any business with an individual
SBI beats HDFC Bank as the most valued bank

SBI beats HDFC Bank as the most valued bank

On Friday, the state-owned lender had a market capitalization of Rs228,451.37 crore, while HDFC Bank has market cap of Rs224,350.75 crore
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More From financial services

Govt monitors foreign flows into debt funds, may tighten rules
Fri, Nov 21 2014. 01 41 PM

Govt monitors foreign flows into debt funds, may tighten rules

RBI could take action if foreign investors pour excessive amounts into mutual funds, to bypass limits on ownership of government debt
SBI chief defends MoU with Adani Group for $1 billion loan
Fri, Nov 21 2014. 01 14 AM

SBI chief defends MoU with Adani Group for $1 billion loan

Arundhati Bhattacharya clarified that the bank has only signed an in-principle agreement on the loan and hasn’t yet sanctioned the money
Banks had unfair advantage from commodity units: US Senate report
Thu, Nov 20 2014. 09 05 PM

Banks had unfair advantage from commodity units: US Senate report

The firms have eroded the line separating banking from commercial activities to the detriment of consumers and the financial system, says a report
State-owned banks may profit from rally in bond prices
Wed, Nov 19 2014. 12 50 AM

State-owned banks may profit from rally in bond prices

SBI could see notional gains of close to Rs2,000 crore from the recent rally, followed by Punjab National Bank and Canara Bank
Sebi’s plan for KYC registration agencies fails to make a mark
Wed, Nov 19 2014. 12 33 AM

Sebi’s plan for KYC registration agencies fails to make a mark

A lack of standardized agreements between brokerages and clients has reduced the utility of a KYC registration agency
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