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Trillion rupee jump in troubled loans in India alarms Fitch
Wed, Nov 26 2014. 11 29 AM

Trillion rupee jump in troubled loans in India alarms Fitch

Restructured loans will rise by Rs1 trillion from end-September to a record Rs4.7 trillion by March, says Fitch’s local unit
Public sector banks face tough sell on capital-raising plan
Wed, Nov 26 2014. 10 27 AM

Public sector banks face tough sell on capital-raising plan

With their asset-quality deteriorating and credit demand slackening, tapping capital markets won’t be easy for govt banks
Easing conditions might be delayed
Wed, Nov 26 2014. 12 34 AM

Easing conditions might be delayed

All indications are that RBI will probably maintain a status quo at this review
Kotak Mahindra Bank’s general insurance venture gets RBI nod
Tue, Nov 25 2014. 06 32 PM

Kotak Mahindra Bank’s general insurance venture gets RBI nod

The bank will now apply to complete the registration of the new company with Irda
Life cover under Jan Dhan Yojana may not be applicable to all
Tue, Nov 25 2014. 01 46 PM

Life cover under Jan Dhan Yojana may not be applicable to all

Only those in the age group of 18-60 years will be able to get the life insurance cover from state-run LIC, one person per household
Stressed assets pile up as buyers of bad debt baulk at regulator rule
Tue, Nov 25 2014. 10 44 AM

Stressed assets pile up as buyers of bad debt baulk at regulator rule

Sales of bad loans to asset reconstruction companies tumble to less than Rs1,000 cr in September quarter from Rs15,000 cr in the previous quarter
Irda chairman T.S. Vijayan plans to review insurance products in the market
Tue, Nov 25 2014. 01 20 AM

Irda chairman T.S. Vijayan plans to review insurance products in the market

Agents would be more efficient and serve the industry longer, which will ensure better results, says Irda chairman Vijayan
10 names shortlisted for appointment as CMDs in 8 PSU banks
Mon, Nov 24 2014. 11 12 PM

10 names shortlisted for appointment as CMDs in 8 PSU banks

The names of the shortlisted candidates have been sent to the finance ministry and would be subsequently forwarded to ACC
RBI warns against fraudulent NBFCs
Mon, Nov 24 2014. 07 44 PM

RBI warns against fraudulent NBFCs

RBI said people must verify the genuineness of the entity before making any payment
New rules may affect short-term NBFC profitability: R. Gandhi
Mon, Nov 24 2014. 01 12 AM

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
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