BUDGET 2015
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RBI report calls for raising foreign banks’ priority sector lending target
Tue, Mar 03 2015. 10 07 AM

RBI report calls for raising foreign banks’ priority sector lending target

PSL target for all banks, including foreign banks, should be at 40% of adjusted net bank credit, says RBI panel
The looming risks for banks from power sector
Mon, Mar 02 2015. 10 40 PM

The looming risks for banks from power sector

The banking system runs the risk of a sharp surge in bad loans in the power sector until electricity availability problems are fixed and tariffs are hiked
Financial instruments likely to cost more
Mon, Mar 02 2015. 08 51 PM

Financial instruments likely to cost more

Banking services, mutual funds, insurance, foreign exchange and others will be affected
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
Setting the direction
Sat, Feb 28 2015. 11 17 PM

Setting the direction

It is fair to say that this is a ‘budget with clarity and vision’, but certainly not a big-bang reform budget
Budget 2015: choosing a medium-term outlook
Sat, Feb 28 2015. 09 14 PM

Budget 2015: choosing a medium-term outlook

While the finance minister ticked all the right boxes, it lacked the X-factor
Budget 2015 seen medium-term positive for banks
Sat, Feb 28 2015. 05 30 PM

Budget 2015 seen medium-term positive for banks

Industry experts say measures including a bank boards bureau and holding company for public sector banks are key positives
Budget 2015: NBFCs allowed to use Sarfaesi Act
Sat, Feb 28 2015. 03 34 PM

Budget 2015: NBFCs allowed to use Sarfaesi Act

Finance minister Arun Jaitley says move aimed at bringing parity in regulation for NBFCs with other financial institutions in matters relating to recovery
Economic Survey suggests four-pronged approach to deal with banking troubles
Sat, Feb 28 2015. 07 39 AM

Economic Survey suggests four-pronged approach to deal with banking troubles

Survey discusses issues such as level of stressed assets, SLR and priority sector lending norms, among others
RBS to end operations in India, 24 other countries
Fri, Feb 27 2015. 09 10 AM

RBS to end operations in India, 24 other countries

RBS Business Services, the bank’s global back office in India that employs 7,100 people, will be retained

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