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  • Banking and Finance News:Banking News,Finance News,Bank and Finance News Today | - Page 9The Financial Express | Page 9
    the Financial Stability Report FSR released on Wednesday indicated NPAs jump 50 bps to 5 1 between March and September quarters RBI PTI December 23 2015 7 37 PM The bad loan problem continues to mount as gross non performing advances rose to 5 1 per cent as of the September quarter from 4 6 per cent in March 2015 the Reserve Bank said today Indian Railways online ticket booking ICICI Bank does a first launches rail facility on website FE Online December 23 2015 2 32 PM Customers of any bank can use this Indian Railways online ticket booking service to book online rail tickets on the bank s website itself without visiting any other site Indian rupee rises for 7th session to 66 21 up 12 paise PTI December 23 2015 8 10 PM The Indian Rupee today continued its upward march for the seventh day by surging 12 paise to close at 66 21 against the American currency on sustained selling of dollars by banks and exporters amid foreign capital inflows Central bank to soon bring out vision document on payments system FE Bureau December 23 2015 12 15 AM The Reserve Bank of India has been bringing out the document since 1998 Lenders to Karaikal Port to sell Rs 860 cr of loans to ARCs Shayan Ghosh December 23 2015 12 15 AM Lenders to Marg Group s Karaikal Port have decided to sell Rs 860 crore of loans to asset reconstruction companies RBI Governor Raghuram Rajan goes with panel on rate status quo PTI December 22 2015 9 38 PM Four of the five external members of RBI s Technical Advisory Committee had favoured status quo in interest rate and Governor Raghuram Rajan Yes Bank makes 3 senior level changes to beef up retail banking PTI December 22 2015 6 37 PM Mid size private sector lender Yes Bank today announced three senior level appointments including a new chief operating officer to scale up its retail banking operations Canara Bank to raise Rs 2 400 cr via bonds PTI December 22 2015 4 38 PM Canara Bank has received IND AAA rating with stable outlook to the proposed Tier II bond issuance programme Indian rupee firm for 6th day vs US dollar at 66 33 up 2 paise PTI December 22 2015 6 58 PM Extending its rising trend for the sixth straight session the rupee moved up by 2 paise to 66 33 on persistent selling of dollars by banks and exporters on hopes of resumption of foreign capital inflows RBI discussion paper on peer to peer lending soon FE Bureau December 22 2015 12 58 AM Deputy governor says SDR norms might be re looked at based on feedback 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 95 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to

    Original URL path: http://www.financialexpress.com/section/industry/banking-finance/page/9/ (2016-02-08)
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  • Banking and Finance News:Banking News,Finance News,Bank and Finance News Today | - Page 10The Financial Express | Page 10
    ATMs latest by March 31 2016 NHAI s tax free bond issue gets reasonable response FE Bureau December 18 2015 12 10 AM Against the issue size of Rs 10 000 crore investors bid for Rs 21 206 71 crore according to data available till 5 pm on Thursday Keen to leave SBI in a stronger position before I retire Arundhati Bhattacharya ANI December 17 2015 9 46 PM The chairperson of the State Bank of India Arundhati Bhattacharya has said that while it is a huge honour for her as a woman to head a public sector financial institution Traders suspect RBI intervened to support rupee bonds ahead of Fed Reuters December 17 2015 4 49 PM RBI Governor Raghuram Rajan has said previously India would be prepared for any Fed eventuality with foreign exchange reserves of 352 billion at hand near a record high hit in August Top Mobile Wallet or credit card killers in 2015 From Paytm MobiKwik Citrus Pay to Freecharge IANS December 17 2015 4 42 PM The tech trend that took the country by storm in 2015 was the Mobile Wallet or credit card killers as some called them Indian rupee climbs to 3 week high of 66 42 against US dollar after historic Fed move PTI December 17 2015 9 24 PM The rupee surged to a three week high of 66 42 against the American currency after the Federal Reserve s historic episode of monetary tightening measures triggered panic dollar selling Why the US Federal Reserve hiked rates by 25 bps Associated Press December 17 2015 10 22 AM The Federal Reserve raised short term interest rates from record lows on Wednesday Long hinted at by Fed Chair Janet Yellen the move signaled the beginning of the end of a period of extraordinary support for the U S economy in the aftermath of the 2008 financial crisis Aban Offshore arm receives nod for bond pact changes FE Bureau December 17 2015 1 12 AM Company had proposed to postpone the final maturity to Dec 21 2017 India s US Treasury securities holding rises 50 on year in Oct Bhavik Nair December 17 2015 12 15 AM In terms of year on year rise India is second to Spain that witnessed surge of over 60 RBI accountable to disclose information under RTI Act SC PTI December 16 2015 8 27 PM Supreme Court clarified that Reserve Bank of India RBI cannot withhold information under the guise of confidence or trust with financial institutions and is accountable to provide information sought by general public Indian rupee ends 19 paise higher at 66 73 vs US dollar ahead of Fed outcome PTI December 16 2015 6 59 PM The rupee appreciated for the second day today to end at one week high of 66 73 against the US dollar even as the Federal Reserve s decision on an interest rate hike is highly anticipated 1 2 3 4 5 6 7 8 9 10 11

    Original URL path: http://www.financialexpress.com/section/industry/banking-finance/page/10/ (2016-02-08)
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  • Banking and Finance News:Banking News,Finance News,Bank and Finance News Today | - Page 11The Financial Express | Page 11
    11 2015 2 52 PM Reserve Bank of India Governor Raghuram Rajan said there is 70 75 per cent possibility that the rates would be increased by US Federal Reserve Yuan closes at 4 1 2 year low how far will central bank let it go Reuters December 11 2015 3 45 PM The yuan was also on track a loss of 0 8 percent this week which would be the biggest weekly drop since the People s Bank of China PBOC on Aug 11 surprised global markets with a nearly 2 percent devaluation Indian rupee hits 2 year low to end at 66 88 vs US dollar PTI December 11 2015 7 46 PM The Indian rupee fell back sharply after a strong overnight rally and ended with a 17 paise loss at 66 88 against the US dollar the lowest level in more than two years in the face of strong demand for greenback Why cryptocurrency Bitcoin s founder matters as spotlight hits Australia Associated Press December 11 2015 8 55 AM Since the founding of the cryptocurrency Bitcoin in 2009 its inventor or inventors have been shrouded in mystery For six years that individual or group has lurked behind the pseudonym Satoshi Nakamoto and hoarded a pile of the digital currency so large it might crash the market if sold today RBI arms corporates with more forex hedging tools FE Bureau December 11 2015 5 02 AM The new products introduced in the forex market include currency futures and exchange traded cross currency option contracts in the currency pairs of euro dollar pound dollar and dollar yen NTPC may raise 500 mn denominated bonds in Jan Bhavik Nair December 11 2015 11 12 AM Ahead of the dollar bonds launch NTPC has approached the Reserve Bank of India RBI seeking some clarifications on the new External Commercial Borrowing ECB guidelines RBI introduces cross currency futures norms FE Bureau December 11 2015 1 48 AM The central bank has also introduced exchange traded option contracts in the currency pairs of Euro Rupee Pound Rupee and Japanese Yen Rupee in addition to the existing Dollar Rupee pair MFIN revises code of conduct asks cos to adopt robust norms FE Bureau December 11 2015 1 32 AM All the changes will focus on the fundamental aspects of responsible business and enhanced client protection Sundaram Home s special loan plan for flood affected in Tamil Nadu FE Bureau December 11 2015 1 29 AM The special scheme is valid for disbursements made till June 30 2016 The tenure of the loan will be in the range of 3 7 years Debt is like a dynamite RBI Governor Raghuram Rajan warns corporates PTI December 10 2015 11 05 PM Raghuram Rajan made it clear that despite the difficulties associated with debt burying it is not an option 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 95 Editor s Pick

    Original URL path: http://www.financialexpress.com/section/industry/banking-finance/page/11/ (2016-02-08)
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  • Banking and Finance News:Banking News,Finance News,Bank and Finance News Today | - Page 95The Financial Express | Page 95
    quarter PTI October 30 2014 5 08 PM Public sector Andhra Bank s net profit more than doubled to Rs 144 49 crore in the second quarter ended September 31 2014 15 ICICI Bank Q2 profit up 15 pct to 440 mn beats estimates Reuters October 30 2014 3 50 PM Net profit rose 15 percent to 27 09 billion rupees 440 88 million for its fiscal Q2 Festive season boost Uco Bank clocks 67 y o y growth in retail lending Mithun Dasgupta October 30 2014 1 16 AM Public sector lender Uco Bank has clocked more than 67 year on year growth Flush with liquidity SBI cuts short term deposit rates again FE Bureau October 30 2014 1 03 AM Third cut in as many months rate for deposits between 7 and 45 days now 5 Editorial Not just the bank chiefs The Financial Express October 29 2014 12 25 AM Problem with PSU banks runs far deeper 1 85 86 87 88 89 90 91 92 93 94 95 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi Auto Expo 2016 Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note International Fleet Review 2016 President Pranab Mukherjee reviews naval fleet Asteroid TX68 to pass by Earth on March 5 at 9 000 17 000 km distance NASA Earthquake in Nepal 5 5 magnitude quake injures 15 tremors rock Bihar too Horoscope By Peter Vidal Today 08 Feb This Week 07 Feb 13 Feb SAGITTARIUS Your choices are perfectly clear Loved ones or close companions may be unreasonable but there is probably no escape from emotional tension What you can do however is make a conscious decision to treat all differences of read more Home Markets 2016 02 07 10 49 39 Outlook GDP data Q3 earnings to set market tone GDP IIP and consumer inflation will dictate market movement this week

    Original URL path: http://www.financialexpress.com/section/industry/banking-finance/page/95/ (2016-02-08)
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  • Irdai releases draft on agent commission | The Financial Express
    of insurance companies as many insurers were giving commissions as high as 35 40 for first year which came down down to 7 5 for second year and third year and 5 for subsequent years Overall I think there should be sub limits for both commissions and expenses and it should not be limited said Vignesh Shahane CEO and whole time director at IDBI Federal Life Insurance Irdai has also put in safeguards for individual agents as no insurer will terminate suspend or cancel the letter of appointment of an individual insurance agent on frivolous grounds and in an arbitrary manner Termination and suspension can only be done in the manner laid down under the board approved policy On applicability it is stated that a these regulations shall not be applicable to insurance products specified under Irdai s Micro Insurance Regulations 2015 and Insurance Services by Common Service Centre Regulations 2015 First Published on January 14 2016 12 12 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box

    Original URL path: http://www.financialexpress.com/article/industry/insurance/irdai-releases-draft-on-agent-commission/193555/ (2016-02-08)
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  • Regulation hurdle delays life insurance product clearances | The Financial Express
    first few months of 2015 but in the last few months they have not been able to clear many proposals I also think that regulator had in the early 2014 asked life insurers for a product planner before every financial year Irdai had said if the number of products exceeds five the insurer should furnish supporting market research product wise persistency for new offers This might be also one of the reason for delay in clearing new products said another senior official from leading fund house However there are players who feels that though the speed of clearing new products is slow but far better than what it used to be few years ago If we go back to past few years it used to take months to clear a simple product offer But now situation has improved and we get clearance within two three months Typically new product which isn t much complicated should get cleared in 45 days said a CEO of large sized insurance company First Published on January 29 2016 12 54 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news

    Original URL path: http://www.financialexpress.com/article/industry/insurance/regulation-hurdle-delays-life-insurance-product-clearances/203742/ (2016-02-08)
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  • ANI | The Financial Express
    his side s performance and added that he is still very proud of them despite settling with a 1 1 draw against Real Betis in their La Liga clash at the Benito Villamarin stadium Bomb scare on Delhi Kathmandu Jet airways flight A bomb scare has been reported at the Jet Airways Delhi Kathmandu Flight 9W 260 Louis Van Gaal admits failure to meet Manchester United fans expectations Manchester United manager Louis Van Gaal has expressed his disappointment over his failure to live up the expectations of his fans Celine Dion mourns brother a day after husband s funeral It seems to be the hardest time for Celine Dion as a day after she mourned her husband Rene Angelil at a massive memorial service she and her family honoured her brother Daniel Dion at a visitation at a funeral home in Repentigny near Montreal Special SpiceJet flight to celebrate Republic Day with special passengers to be treated to National Anthem tri colored sweets Low cost carrier SpiceJet has decided to give a special treatment to their passengers on the occasion of Republic Day Need to strike balance between development and saving environment Narendra Modi Highlighting the importance of combating global warming Prime Minister Narendra Modi on Monday called for the imperative need to strike balance between development and preserving the environment saying that innovation was key in this endeavour Alibaba revenue growth seen slowest on record Chinese e commerce giant Alibaba Group Holding Ltd is expected to post its weakest quarterly revenue growth on record a Thomson Reuters data shows Centre targeting Congress Govt in Arunachal Pradesh Minister Nabam Tuki Extremely disappointed with the Centre s move to recommend President s rule in Arunachal Pradesh Chief Minister Nabam Tuki on Monday said the Centre is targeting the Congress Government there Lenovo K5 Note launched in China priced at Rs 12 000 Lenovo has now launched the K5 Note smartphone in China a few weeks after unveiling the Vibe K4 Note and is expected to be priced over Rs 12 000 Gigi Hadid impresses on First Fashion Show Ever in Paris It seems like Gigi Hadid has a really strong fan base which made her walk for Donatella Versace at the Paris Fashion Week a bit more special 1 2 3 4 5 6 7 8 9 10 11 498 Editor s Pick How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note From Real Madrid to Chelsea Know the top 10 richest clubs New Mahindra cars at the Delhi Auto Expo 2016 Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India

    Original URL path: http://www.financialexpress.com/author/ani/ (2016-02-08)
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  • CBI arrests Branch Manager of United India Insurance company | The Financial Express
    the Senior Branch Manager was caught red handed while accepting the bribe The arrested accused will be produced tomorrow before the court of Special Judge Anti Corruption CBI Lucknow she said First Published on January 13 2016 10 40 pm Tags CBI Please Wait while comments are loading More on this story CBI conducts lie detection on Dalit children burning accused CBI arrests Pearls group chairman Nirmal Singh Bhangoo PACL PGF runs illeagal schemes frauds and forgery CBI Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know

    Original URL path: http://www.financialexpress.com/article/industry/insurance/cbi-arrests-branch-manager-of-united-india-insurance-company/193519/ (2016-02-08)
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