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Internal remittances need focus
Mon, Oct 20 2014. 12 48 AM

Internal remittances need focus

Less than a third of internal remittances flow through formal institutional channels (like banks) and this where the use of Aadhaar can have a major positive impact
Coal blocks cancelled by Supreme Court to be auctioned
Sat, Oct 18 2014. 12 40 AM

Coal blocks cancelled by Supreme Court to be auctioned

Power ministry to also approach cabinet with a proposal to pool imported coal and gas prices with domestically produced coal and gas
Govt sets up panel to look into demands of power producers
Fri, Oct 17 2014. 07 25 PM

Govt sets up panel to look into demands of power producers

The committee headed by S.B. Nayar, chairman of IIFCL, has been asked to present its report by 7 Nov
Public sector banks eye sale of family gold to raise cash
Fri, Oct 17 2014. 08 46 AM

Public sector banks eye sale of family gold to raise cash

State-owned banks could within months begin the sale of billions of dollars of unwanted assets to help raise cash
ECB eyes extra funding to Greek banks as market plunge rocks Athens
Fri, Oct 17 2014. 01 19 AM

ECB eyes extra funding to Greek banks as market plunge rocks Athens

European Central Bank to loosen rules on collateral quality to give Greek banks access to more funding
Haldia row drags on as revival hinges on working capital
Fri, Oct 17 2014. 12 07 AM

Haldia row drags on as revival hinges on working capital

Firm unable to restart work at full capacity as banks refuse to extend loans till the promoters resolve their dispute
Federal Bank Q2 net profit up 6.3% at Rs240.3 crore
Thu, Oct 16 2014. 04 40 PM

Federal Bank Q2 net profit up 6.3% at Rs240.3 crore

The Kerala-based bank’s net interest income for the quarter stood at Rs605.8 crore against Rs548.35 crore a year ago
RBI to invite applications for bank licences: G.S. Sandhu
Wed, Oct 15 2014. 09 39 PM

RBI to invite applications for bank licences: G.S. Sandhu

Sandhu says the RBI will invite fresh applications to grant licence in 3 categories—small banks, payment banks and universal banks
BSE Brokers Forum to set up back office operations at GIFT
Wed, Oct 15 2014. 07 56 PM

BSE Brokers Forum to set up back office operations at GIFT

The forum will build a Rs120 crore tower to house its back office operations at GIFT on the banks of Sabarmati near Gandhinagar
Banks to recast Rs5,000 crore loans in Jammu and Kashmir
Wed, Oct 15 2014. 12 50 AM

Banks to recast Rs5,000 crore loans in Jammu and Kashmir

Loans to be restructured at rates close to the bank’s base rate, or the minimum lending rate of a bank

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