New bank licence guidelines very soon™: RBI deputy governor
Reserve Bank of India (RBI) is likely to “very soon†come out with the final guidelines on new bank licences as its consultation with the finance ministry on the issue…
RBI unlikely to speed up rate cuts
The GDP growth projection of 5% for this fiscal put out by the Central Statistical Organisation (CSO) recently was disappointing but it may not be enough for more rate cuts.
RBI paper seeks to cut use of cheque books
Cheque books may go the way of physical share certificates if proposals mooted by the Reserve Bank of India (RBI) are enforced. In a discussion paper on discouraging cheque usage,…
Buy Indian Bank; target of Rs 245: Microsec
Microsec is bullish on Indian Bank and has recommended buy rating on the stock with a target price of Rs 245 in its January 29, 2013 research report. "Indian Bank was…
Central Bank, BoI cut base rates
Central Bank of India and Bank of India recently slashed their base rate by 25 basis points each.
Profile of Central Bank of India
Established in 1911, Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The establishment of the Bank was the ultimate realisation…
Dealers welcome RBI’s move to deepen corporate bond markets
The Reserve Bank of India's move to allow standalone primary dealers (PDs) to obtain funding and invest more in corporate bond markets is expected to increase volumes in a priority…
Axis Bank to raise Rs 6,000 crore from qualified institutional players recently
Axis Bank is all set to raise around Rs 6,000 crore through private placement of its equity shares to qualified institutional players (QIPs).
New Experian service ensures financial organisations have accurate and up-to-date customer addresses
Experian Credit Information Company of India Private Limited, the first CICRA licensed credit bureau in India, announced  the launch of Experian Address Updateâ„¢ in India - an innovative address notification…
The Finance Ministry requests RBI for relaxing capital adequacy norms
The Finance Ministry has requested the Reserve Bank to relax capital adequacy norms for banks in line with the recommendations made earlier this month by the Basel Committee on Banking…