BANKING & FINANCE Sector Updates

         

RBI should send suggestions on FHC model to FSLRC: Experts Banks should not own mutual funds or insurance companies as subsidiaries. Instead, an RBI panel has recommended that fin Interest rates will remain high for some time, says RBS
The RBS report sounded bullish on Indian banks while up...                                              

Hope regulators will evolve structure for IDRs: StanChart
UK's Standard Chartered Bank, which is the first and on...

 IDFC, Khazanah form infrastructure JV for road projects
Indian financial services firm Infrastructure Developme...

 NIMs will remain flat going ahead: Bankers
Investment sentiment is seen decreasing in India, pushe...

Fund raising will boost Bajaj Finance's growth over 3 years
Sanjiv Bajaj, MD, Bajaj Finserv in an interview with C...

 SEBI passes consent order against Reliance Securities
Securities and Exchange Board of India (SEBI) has passe...

 NBFC shares tank on expected RBI provision norms
Shares of non-banking finance companies (NBFCs) fell 1-...

PPF rate may rise but do we have money to save?
The proposed rise in the rate of interest on public pro...

 54-55% rise in bank credit to NBFCs worries RBI: Sources
For the past two months sectoral distribution of bank c...