8/12/2014 Money and banking news | Business Line

http://www.thehindubusinessline.com/industry-and-economy/banking/ 1/5
Syndicate Bank fallout: FinMin may review PSB loan approval committees
Bankers call for strengthening governance structure and clear lending norms
Following the Syndicate Bank bribery scandal, the committee approach to lending by publi...
Rajan clarifies on imminent crisis theory
RBI Governor Raghuram Rajan on Monday clarified that he has not predicted yet another cr...
RBI norms on long-term bonds not to impact housing finance firms
Tata Capital HF chief allays fears of banks benefiting from the move
The RBIs recent move permitting banks to issue long-term bonds to give loans for buying afforda...
Remittances surge in July on account of Ramzan
Banks, money transfer firms see 12-20% growth in remittances
Inward remittances into India surged last month due to early salary payments and bonuses...
Govt approves compassionate appointments in public sector banks
The Government has accorded approval for a scheme of compassionate appointment in public sector...
1 comment
Banking
RBI to transfer Rs 52,679-cr surplus profit to Govt
The Reserve Bank will transfer to the Centre its surplus profit of R 52,679 crore, about 60 per...
Banking
TMB aims at 1-lakh cr business in next four years
In just over a month of taking over the reigns of Tamilnad Mercantile Bank (TMB), its Managing D...
Banking
New SBT deposit scheme
State Bank of Travancore (SBT) launched a 700-day Sapthami deposit scheme at a...
Banking
Thiruvananthapuram: SBT branch for processing direct benefits
State Bank of Travancore (SBT) opened an exclusive branch for processing direct benefit t...
8/12/2014 Money and banking news | Business Line
http://www.thehindubusinessline.com/industry-and-economy/banking/ 2/5
Banking
Bajaj Finance woos customers with a three EMI 'holiday' option
Non-banking finance company Bajaj Finance said that it has launched a new home loan product wher...
Banking
Bank of India to raise 2,500 cr through Basel III bonds
Bank of India has informed the BSE that it has raised 2,500 crore through issue of Basel III co...
Mangalore, August 11
Karnataka Bank facility for temple donations
Karnataka Bank has launched a facility to send donations to designated temples by calling toll-free numbers. Named
as i-Hundi facility, this works through an interactive voice response (I...
Thiruvananthapuram, August 11
New SBT deposit scheme
State Bank of Travancore (SBT) launched a 700-day Sapthami deposit scheme at an interest rate of 9.15 per cent
(annualised yield of 9.84 per cent) for all segments of customers o...
Mumbai, Aug 11
RBI to transfer Rs 52,679-cr surplus profit to Govt
The Reserve Bank will transfer to the Centre its surplus profit of R 52,679 crore, about 60 per cent more than the
amount given last year.The Central Board of Directors of the Reserve Ban...
Mangalore, Aug 11
Karnataka Bank launches toll-free facility for temple donations
Karnataka Bank Ltd has launched a facility to send donations to designated temples by calling up toll-free numbers.
Named as i-Hundi facility, this works through interactive voice resp...
THIRUVANANTHAPURAM, AUG 11
SBT opens exclusive branch for processing direct benefits
State Bank of Travancore (SBT) opened an exclusive branch for processing direct benefit transfers at Thycaud here on
Saturday. This will facilitate faster transfer of social benefits to...
Mumbai, August 10
RBI to transfer 52,000-cr surplus
The RBI said that it will transfer the surplus amount of 52,679 crore to the Government on Monday. The year before,
the central bank said that it had transferred 33,010 crore to the Gove...
New Delhi, August 10
Syndicate Bank issue: Jaitley says ball in CBIs court
Finance Minister Arun Jaitley on Sunday said he does not see any need to tweak existing policies to address the issue
of increased incidents of frauds in the banking system.Replying to... 4 comments
Kolkata, August 10
Allahabad Bank keen to boost retail loan portfolio
Kolkata-based lender Allahabad Bank is looking to strengthen its retail loan portfolio. According to Rakesh Sethi,
Chairman and Managing Director, a conscious decision has been taken to...
Mumbai, Aug 10
8/12/2014 Money and banking news | Business Line
http://www.thehindubusinessline.com/industry-and-economy/banking/ 3/5
Central Bank hires SBI Caps to sell stake in IL&FS
State-run Central Bank of India has appointed SBI Caps to identify a buyer for its stake in Infrastructure Leasing &
Financial Services (IL&FS). We have appointed SBI Caps as the m...
Kolkata, August 9
Universal Sompo targets Rs 800 cr premium income
Universal Sompo General Insurance Co Ltd is targeting a premium income of R 800 crore for the current
fiscal (FY-15). The company reported a premium income of around R 545 crore for the...
New Delhi, Aug 9
CBI to begin probe on IDBI Bank loan to Kingfisher
Mumbai, August 8
A not so smart buy: Small investors in Maharashtra taken for a ride
Kolkata, August 8
Kolkata: SBI donations
Mangalore, Aug 8
Corporation Bank net profit falls 39% on bad loan provision
Hyderabad, Aug 8
SBH chief general manager assumes charge
Mumbai, August 7
Project loans: RBI eases refinancing norms for banks
Kochi, August 7
Muthoot Capital net down 10%
Mumbai, August 7
Saraswat Bank chief Eknath Thakur dead
Thiruvananthapuram, August 11
Thiruvananthapuram: SBT branch for processing direct benefits
State Bank of Travancore (SBT) opened an exclusive branch for processing direct benefit transfers at Thycaud here on
Saturday. This will facilitate faster transfer of social benefits...
Mumbai, Aug 11
Bajaj Finance woos customers with a three EMI 'holiday' option
Non-banking finance company Bajaj Finance said that it has launched a new home loan product where it will give its
customers the option to start paying their instalments after three months of disb...
Thiruvananthapuram, Aug 11
ESAF Microfinance raises Rs 47.5 cr via NCDs
Kerala-based ESAF Microfinance has raised 47.5 crore throught private placement of non-convertible debentures
8/12/2014 Money and banking news | Business Line
http://www.thehindubusinessline.com/industry-and-economy/banking/ 4/5
(NCDs). According to a spokesman, the NCD issue is listed with the Bombay St...
Coimbatore, Aug 11
TMB aims at 1-lakh cr business in next four years
In just over a month of taking over the reigns of Tamilnad Mercantile Bank (TMB), its Managing Director and Chief
Executive Upendra Kamath has chalked out growth plans for the bank. He n...
Mumbai, Aug 11
Bank of India to raise 2,500 cr through Basel III bonds
Bank of India has informed the BSE that it has raised 2,500 crore through issue of Basel III complaint, and
additional Tier-1 bonds by way of private placement of 1,250 crore with a green shoe o...
New Delhi, August 10
SLR cut will not boost credit to industry for now: Rajan
Reserve Bank of India Governor Raghuram Rajan on Sunday said the recent move by the central bank to cut the
statutory liquidity ratio (SLR) will not help in expanding credit to firms in the... 1 comment
Kolkata, August 9
Universal Sompo aims at 800 cr premium income
Universal Sompo General Insurance Co Ltd is targeting a premium income of ` 800 crore for the current fiscal (FY-
15). The company reported a premium income of around ` 545 crore fo...
New Delhi, Aug 10
Raghuram Rajan: RBI, FinMin on same page over financial inclusion project
The Reserve Bank of India and Finance Ministry are not having any difference of opinion over the BJP Governments
proposed financial inclusion project, Raghuram Rajan, Central Bank Governor, has s... 1 comment
Kolkata, August 9
Allahabad Bank eyes raising retail loan portfolio
Kolkata-based lender, Allahabad Bank, is looking to strengthen its retail loan portfolio in the coming days. According
to Rakesh Sethi, Chairman and Managing Director of the bank,...
Kolkata, Aug 9
United Bank convenes SLBC meet in West Bengal
Kolkata-based lender, United Bank of India has recently convened a special State Level Bankers Committee (SLBC)
meeting in West Bengal. The meeting was called for the implementation of c...
Hyderabad, August 8
New CGM for SBH
August 8, 2014
A mixed bag for SBI
Mumbai, Aug 8
Banks may appoint a management agency to run Bhushan Steel
Mumbai, Aug 8
IDFC appoints Ravi Shankar as head of Bharat Banking
8/12/2014 Money and banking news | Business Line
http://www.thehindubusinessline.com/industry-and-economy/banking/ 5/5
Mumbai, Aug 8
SBI bottomline rises after 6 quarters
New Delhi, August 7
BMB rolls out RuPay debit card
Hyderabad, August 7
Rescheduling crop loans: look beyond statistics, AP tells RBI
Forex
Rupee ends stronger at 61.18
The rupee gained 56 paise to end significantly higher at 61.18 a dolla... 1 comment
Currency Midday Update for Aug 11
Veracity Currency Daily Report for August 11
Technical Forex report for August 8
Currency Midday Update for August 8
Veracity Currency Daily Report for August 8
Rupee ends at 61.74
Veracity Currency Daily Report for August 7
Currency Midday Update for August 7