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Sep 30, 2016 at 21:58 | Source: CNBC
CNBC has not independently confirmed the report, but if accurate, that settlement would be well below the reported USD 14 billion opening bid by the DOJ in its talks with Deutsche.
Sep 30, 2016 at 21:52 | Source: Moneycontrol.com
Indian Overseas Bank has informed regarding
Sep 30, 2016 at 21:51 | Source: Moneycontrol.com
Jammu & Kashmir Bank has informed that the Bank has received approval from the Reserve Bank of India to the appointment of Parvez Ahmed as the Chairman & CEO of the Bank for three years w.e.f. October 06, 2016, vide Reserve Bank of India letter dated September 30, 2016.
Sep 30, 2016 at 21:51 | Source: Moneycontrol.com
CHD Chemicals has informed that a Meeting of the Board of Directors of the Company at a shorter notice is proposed to be held on October 01, 2016, to consider the transactions authorisation to avail credit facility from ICICI Bank.
Sep 30, 2016 at 21:24 | Source: PTI
"As announced in the medium term framework, the limits for investment by FPIs in Central Government securities for the next half year are proposed to be increased in two tranches, each of Rs 100 billion from October 3, 2016 and January 2, 2017 respectively," it said in a notification.
Sep 30, 2016 at 21:24 | Source: PTI
"It has been decided, in consultation with the Government of India, that the limit for Ways and Means Advances (WMA) for the second half of the financial year 2016-17 (October 2016-March 2017) will be Rs 25,000 crore," the central bank said in a statement.
Sep 30, 2016 at 20:44 | Source: PTI
Kotak Mahindra Bank today announced it is acquiring Karnataka-focused BSS Microfinance for Rs 139.2 crore in an all cash deal, which would enable the private sector lender to enter the high-growth microlending segment.
Sep 30, 2016 at 20:19 | Source: Reuters
Fed Chair Janet Yellen said last week she expected one rate rise this year if the U.S. job market continued to improve and major new risks did not arise, leading economists and financial markets to price in a December move.
Sep 30, 2016 at 20:18 | Source: PTI
Fortis Healthcare today said it is providing corporate guarantee for a term loan of Rs 225 crore that its subsidiary Fortis Hospitals is availing from Yes Bank.
Sep 30, 2016 at 19:58 | Source: PTI
CBI sources said the complaint was received against Dubey, who retired as CMD of Canara Bank, from Central Bank of India alleging that he conspired with two directors--G K Dhawan and Janak Dhawan-- of a transport company J D Transport Pvt. Ltd, Delhi to allow deviations in sanctioning credit facilities to the tune of Rs 13.5 crore.
Messages on Banking »

Wire News

Platinum Member

631 Followers

News Now  

Reserve Bank today increased the investment limits for foreign portfolio investors in government securities by Rs 100 billion to Rs 2,100 billion and also upped the limits in state government securities.

about 1 hr 9 min 4 sec ago

Wire News

Platinum Member

631 Followers

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The Reserve Bank has set the 'ways and means advances' (WMA) limit at Rs 25,000 crore for the central government for the second half of this financial year.

about 1 hr 9 min 6 sec ago

bullbuffet

Gold Member

1409 Followers

KRBL  

Jeba Bhai, Do you understand the meaning, weight-ages and effectiveness of the rating to LOC`s, OD`s, debts and other Banking facilities. Please elaborate what are the specific reason why you feel it is a sell. The rating has been enhanced from previous levels of BB to AA- and AA for Commercial

about 1 hr 20 min 7 sec ago

conciuus

Platinum Member

555 Followers

L&T Infotech  

I tend to agree;Naik and his team in collusion with investment bankes had taken the retai investor for a very Long ride.thru this IPO. Even when leaders like Infosys .TCs,CTS facing lot of hurdles ,laggards like L&T InfoTech will not deliver any worth while returns to shareholders.I had applied

about 1 hr 43 min 50 sec ago

Wire News

Platinum Member

631 Followers

News Now  

Kotak Mahindra Bank today announced it is acquiring Karnataka-focused BSS Microfinance for Rs 139.2 crore in an all cash deal, which would enable the private sector lender to enter the high-growth microlending segment.

about 1 hr 49 min 4 sec ago

Wire News

Platinum Member

631 Followers

News Now  

CBI has registered a case against former Chairman-cum-Managing Director of Canara Bank R K Dubey for allegedly allowing deviations in sanctioning credit limits to a company during his tenure as Executive Director at Central Bank of India.

about 2 hrs 35 min ago

Wire News

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631 Followers

News Now  

Private sector Kotak Mahindra Bank said it will acquire BSS Microfinance for Rs 139.2 crore to reach a wider customer base.

about 2 hrs 35 min 2 sec ago

promethus99

Platinum Member

511 Followers

Castex Tech  

In the past year and a half how many forgings and auto ancillary have gone under. Hardly any and most of them are performing okay if not great.Amtek group has borrowed money from Indian banks and made acquisition overseas and there has been no check on end use of the funds. That is primarily

about 2 hrs 44 min 36 sec ago

promethus99

Platinum Member

511 Followers

Castex Tech  

Close to 23 banks have an exposure of Rs4,850 crore in Castex Technologies. So after loaning castex rs.4850 crores banks will now do a SDR and will convert debt into equity and that too at rs.50 when the market price is rs.9.50. It looks very much on the cards. Maybe the same operators who rigged

about 2 hrs 55 min 7 sec ago

promethus99

Platinum Member

511 Followers

Castex Tech  

Forget about missing a point you are missing everything. In November last year, lenders to MIEL(monnet ispat) had decided to convert Rs 368 crore of debt into equity at Rs 34.20 per share under the Reserve Bank of restructuring (SDR) scheme.Following the SDR, 29 banks and financial institutions

about 3 hrs 5 min 32 sec ago

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Sep 30, 2016 at 11:28 | Source: FirstPost
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