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Para-banking firms must get rated well or shut shop: RBI
Sat, Mar 28 2015. 12 48 AM

Para-banking firms must get rated well or shut shop: RBI

AFCs that do not get a minimum investment grade rating by 31 March 2016 shall not renew existing deposits or accept fresh deposits thereafter, says RBI
IAG to raise stake in SBI insurance joint venture to 49%
Fri, Mar 27 2015. 01 21 AM

IAG to raise stake in SBI insurance joint venture to 49%

The move comes after Parliament cleared a bill on 12 March that raised the maximum permitted foreign stake in insurance sector
BNP keen to increase stake in insurance JV with SBI
Fri, Mar 20 2015. 07 57 PM

BNP keen to increase stake in insurance JV with SBI

The French company is keen to raise its stake to 49%, said the Bloomberg report
Muhammad Yunus | Bandhan may lose its small loan focus after becoming a bank
Tue, Mar 17 2015. 11 04 PM

Muhammad Yunus | Bandhan may lose its small loan focus after becoming a bank

The Nobel laureate and founder of microfinance pioneer Bangladesh’s Grameen Bank says MFIs in India could be greedy and tapping the capital market or raising loans from private equity funds is a bad idea
Govt appoints six executive directors in banks
Wed, Mar 11 2015. 05 04 PM

Govt appoints six executive directors in banks

Bank of Baroda’s K. Venkata Rama Moorthy was promoted as ED, while Bank of Baroda’s GM R.P. Marathe was promoted as Bank of India ED
RBI cuts repo rate by 25 bps citing improved fiscal outlook after budget
Thu, Mar 05 2015. 01 00 AM

RBI cuts repo rate by 25 bps citing improved fiscal outlook after budget

RBI cites easing inflation pressures and quality of fiscal consolidation as reasons behind unscheduled rate review
Govt to push bank reforms, may encourage mergers
Mon, Mar 02 2015. 08 40 AM

Govt to push bank reforms, may encourage mergers

The government is also reviewing its practice of signing MoUs with banks at the start of the year
Budget 2015: Central bank as inflation slayer
Sun, Mar 01 2015. 01 35 AM

Budget 2015: Central bank as inflation slayer

Govt plans to amend RBI Act, create monetary policy framework targeting to keep consumer price inflation below 6%
RBI official warns companies of unhedged forex exposure
Sat, Feb 28 2015. 01 10 AM

RBI official warns companies of unhedged forex exposure

A fall in hedging is being seen in all emerging markets as they are enjoying stable exchange rates on steady capital flows from yield-chasing investors
Rules tweaked to let private sector officials head state-run banks
Fri, Feb 27 2015. 01 24 AM

Rules tweaked to let private sector officials head state-run banks

Panel approves criterion, method of selection in BoB, PNB, Bank of India, Canara Bank, IDBI Bank

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