basel ii

Banking stocks fall on concern new norms may hit profits


May 3rd, 2012 - 4:17 pm ICT by IANS
Mumbai, May 3 (IANS) The share price of banking stocks fell sharply Thursday, a day after the Reserve Bank of India (RBI) announced guidelines for implementing Basel III norms ... Read more...

Posted in Business |

UCO Bank might get capital infusion of Rs.2 billion


February 1st, 2012 - 11:54 pm ICT by IANS
Kolkata, Feb 1 (IANS) City-based UCO Bank Wednesday said it might get capital infusion of Rs.2 billion-odd from the central government for this financial year."We might get some capital from ... Read more...

Posted in Business |

Vijaya Bank net profit up 22 percent


January 24th, 2011 - 9:41 pm ICT by IANS
Bangalore, Jan 24 (IANS) State-run Vijaya Bank Monday reported Rs.152 crore net profit for the third quarter (Oct-Dec) of this fiscal (2010-11), registering 22 percent year-on-year (YoY) growth. "Continuing our growth trend, ... Read more...

Posted in Business |

Indian banks well capitalised for Basel III: Subbarao


December 3rd, 2010 - 5:58 pm ICT by IANS
Mumbai, Dec 3 (IANS) Indian banks are well capitalised and can comfortably adjust to the latest international regulatory framework Basel III, Reserve Bank of India (RBI) Governor Duvvuri Subbarao said Friday."Our ... Read more...

Posted in Business |

Punjab National Bank net up 31 percent, cuts lending rate


October 31st, 2008 - 9:59 pm ICT by IANS
New Delhi, Oct 31 (IANS) The Punjab National Bank (PNB) posted a quarterly profit of Rs.7.1 billion ($157.1 million) recording a 31 percent growth over Rs.5.4 billion ($119.7 million) in the corresponding ... Read more...

Posted in Uncategorized |

ICICI net up 1.1 percent, shares tumble


October 27th, 2008 - 4:23 pm ICT by IANS
Mumbai, Oct 27 (IANS) ICICI, the country's largest private bank, posted a net profit of $216 million in the quarter ended Sep 30, clocking a year-on-year growth of 1.1 percent over $214 ... Read more...

Posted in Business |

Qatar sovereign wealth fund to buy shares of country’s banks


October 14th, 2008 - 1:25 pm ICT by IANS
Dubai, Oct 14 (IANS) With Gulf bourses rebounding Monday after a week of mayhem triggered by the global credit crunch, Qatar's sovereign wealth fund has announced that it would buy up to ... Read more...

Posted in Business |

Central Bank of India to raise Rs.6 bn for capital base


June 30th, 2008 - 9:11 pm ICT by IANS
Kolkata, June 30 (IANS) The Central Bank of India plans to raise Rs.5 billion to Rs.6 billion in the current fiscal to boost its capital base, a top official said here Monday. ... Read more...

Posted in Business |

‘Challenges ahead for India’s mortgage-backed security sector’


May 9th, 2008 - 7:36 am ICT by admin
New Delhi, May 8 (IANS) India has made progress in the field of loans backed by non-residential property, but some challenges still exist, according to a report released by global rating agency ... Read more...

Posted in Business |

I-Flex to provide technology solutions to Bahrain Bank


May 8th, 2008 - 8:00 pm ICT by admin
Mumbai, May 8 (IANS) Mumbai-based I-Flex Solutions announced Thursday that it would provide technology solutions to Bahrain's TAIB Bank. I-Flex would implement Reveleus Basel II Solution to compute regulatory capital and Reveleus ... Read more...

Posted in Sci-Tech |

Centurion Bank of Punjab to use SuperDerivatives model


April 4th, 2008 - 11:19 pm ICT by admin
Mumbai, April 4 (IANS) The Centurion Bank of Punjab (CBP) will be deploying the world's leading derivatives solution provider, SuperDerivatives platforms, to manage foreign or exotic options and calculate exposure, involving asset ... Read more...

Posted in Business |

ICRA to rate Central Bank of India’s loans


March 17th, 2008 - 3:10 pm ICT by admin
Mumbai, March 17 (IANS) Credit rating agency ICRA Ltd will now issue ratings to the loans and other exposures made by Central Bank of India. ICRA (Investment Information and Credit Rating Agency), ... Read more...

Posted in Business |

RBI Policy along expected lines, says industry honchos


November 14th, 2007 - 8:06 am ICT by admin
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Posted in Business |

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