basel iii

Indian banks need to raise Rs.1.75 trillion capital by 2018: RBI


August 4th, 2012 - 5:44 pm ICT by IANS
Hyderabad, Aug 4 (IANS) Reserve Bank of India Governor D. Subbarao Saturday said the Indian banks will have to raise an additional capital of Rs.1.6 trillion to Rs.1.75 trillion ... Read more...

Posted in Business |

Corporation Bank needs Rs.16 bn to meet Basel III norms


July 18th, 2012 - 6:08 pm ICT by IANS
Kolkata, July 18 (IANS) Public sector Corporation Bank will require capital infusion of Rs.16 billion to meet Basel III capital adequacy norms for 2013-14, Chairman and Managing Director Ajai Kumar ... Read more...

Posted in Uncategorized |

Despite risks, India’s financial system robust: RBI


June 28th, 2012 - 8:15 pm ICT by IANS
New Delhi, June 28 (IANS) India's financial system is robust despite the rise in global risks and domestic macro-economic conditions, the Reserve Bank of India (RBI) said Thursday."The financial system ... Read more...

Posted in Business |

UCO Bank focusing on lending to retail, SME and farm sector


June 26th, 2012 - 9:43 pm ICT by IANS
Kolkata, June 26 (IANS) UCO Bank is focusing on lending to retail, SME and farm sectors as the capital-to-risk weightage was lower in these categories, the bank's chairman said Tuesday.Bank's ... Read more...

Posted in Business |

Sensex falls for third straight week on negative cues (Weekly Market Review)


May 12th, 2012 - 7:18 pm ICT by IANS
Mumbai, May 12 (IANS) The Left-ward turn in politics in France and Greece and weak domestic economic data weighed heavy on Indian equities markets with a benchmark index closing ... Read more...

Posted in Business |

Sensex rebounds after government defers GAAR (Roundup)


May 7th, 2012 - 6:58 pm ICT by IANS
Mumbai, May 7 (IANS) A benchmark index for Indian equities markets Monday clawed back into green after Finance Minister Pranab Mukherjee deferred the general anti-avoidance rules (GAAR) by a ... Read more...

Posted in Business |

Sensex falls 193.40 points, banking stocks slump (Lead)


May 7th, 2012 - 4:27 pm ICT by IANS
Mumbai, May 7 (IANS) A benchmark index for Indian equities markets was trading 193.40 points down at around 2.00 p.m. Monday, led by selling pressure in banking, metals and ... Read more...

Posted in Entertainment |

Sensex falls 302 points, banking stocks slump


May 7th, 2012 - 2:36 pm ICT by IANS
Mumbai, May 7 (IANS) A benchmark index for Indian equities markets was trading 301.66 points down at around noon Monday, led by selling pressure in banking, consumer goods, metals ... Read more...

Posted in Business |

Sensex falls for second week on earnings and negative cues (Weekly Market Review)


May 5th, 2012 - 6:18 pm ICT by IANS
Mumbai, May 5 (IANS) Concerns over weak earning results, negative global cues and an uncertain regulatory environment weighed heavy on Indian equities markets as a benchmark index closed lower ... Read more...

Posted in Business |

Sensex slides 320 points to close below 17,000 (Roundup)


May 4th, 2012 - 6:54 pm ICT by IANS
Mumbai, May 4 (IANS) A benchmark index for Indian equities markets Friday slid 320 points to close below 17,000 for the first time in more than three months over ... Read more...

Posted in Business |

Sensex falls below 17,000 points (Lead)


May 4th, 2012 - 5:04 pm ICT by IANS
Mumbai, May 4 (IANS) A benchmark index for Indian equities markets was trading 300.43 points down at around 3 p.m. Friday, led by selling pressure in banking, consumer goods, ... Read more...

Posted in Business |

Sensex falls, banking and consumer goods stocks slump


May 4th, 2012 - 2:25 pm ICT by IANS
Mumbai, May 4 (IANS) A benchmark index for Indian equities markets was trading 126 points down at around noon Friday, led by selling pressure in banking, consumer goods, metals ... Read more...

Posted in Business |

Sensex loses 151 points; auto, bank stocks fall the most (Roundup)


May 3rd, 2012 - 6:57 pm ICT by IANS
Mumbai, May 3 (IANS) A benchmark index for Indian equities markets closed 150.72 points down Thursday on selling by foreign funds, weak earnings and a sliding rupee amid negative ... Read more...

Posted in Business |

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 |

Sensex falls 126 points; auto, realty stocks slump


May 3rd, 2012 - 2:07 pm ICT by IANS
Mumbai, May 3 (IANS) A benchmark index for Indian equities markets was trading 126 points down at around noon Thursday, led by selling pressure in auto, realty and banking ... Read more...

Posted in Business |

Public sector banks will get adequate capital: Pranab (Lead)


February 19th, 2012 - 9:28 pm ICT by IANS
Gurgaon, Feb 19 (IANS) The Indian government will provide adequate capital to all the public sector banks to help them face risks arising out the global economic uncertainties, Finance ... Read more...

Posted in Business |

Pranab asks banks to take belt tightening measures


January 6th, 2012 - 9:01 pm ICT by IANS
Chennai, Jan 6 (IANS) Finance Minister Pranab Mukherjee Friday asked Indian banks to scale down their advances to risky businesses to protect their asset quality."The non-performing assets ... Read more...

Posted in Business |

Banks need equity capital of Rs.2.7 trillion for expansion


January 3rd, 2012 - 9:22 pm ICT by IANS
New Delhi, Jan 3 (IANS) Indian banks will be required to raise equity capital of around Rs.2.7 trillion by 2017 to fund their expansion while complying with the new banking ... Read more...

Posted in Business |

RBI gives banks draft guidelines on capital regulation


December 30th, 2011 - 9:23 pm ICT by IANS
New Delhi, Dec 30 (IANS) The Reserve Bank of India (RBI) Friday released draft guidelines for implementing Basel III capital regulation in India aimed at improving the banking sector's ability ... Read more...

Posted in Business |

Rs.140 bn capital infusion for public sector banks okayed


November 5th, 2011 - 1:04 am ICT by IANS
Chennai, Nov 4 (IANS) The Indian government has started assessing the capital needs of its banks as the Basel III norms come into force by 2013 while approving Rs.14,000 crore ... Read more...

Posted in Business |

Citigroup earns $160 mn from reducing HDFC stake


June 14th, 2011 - 2:08 pm ICT by IANS
Chennai, June 14 (IANS) US based financial services major Citigroup Inc. Tuesday said it had made a pre-tax profit of $160 million after reducing its holding in non-banking finance company ... Read more...

Posted in Business |

Polaris launches new liquidity monitoring solution for banks


May 31st, 2011 - 8:04 pm ICT by IANS
Chennai, May 31 (IANS) Chennai-based financial technology major Polaris Software Lab Ltd Tuesday launched a new solution - Intellect Liquidity Risk Management - that enables banks and financial institutions to ... Read more...

Posted in Business |

2011 should see improvement in world economy, says Pranab Mukherjee


March 4th, 2011 - 8:21 pm ICT by ANI
New Delhi, Mar 4(ANI): Union Finance Minister Pranab Mukherjee on Friday said that the global financial crisis and one of the deepest economic downturns witnessed in recent decades has compelled the ... Read more...

Posted in National |

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 |

PM leaves for Seoul, cautions against protectionist sentiments


November 10th, 2010 - 12:17 pm ICT by ANI
New Delhi, Nov 10 (ANI): Prime Minister Dr. Manmohan Singh has cautioned against protectionist sentiments, saying that it is in India's interest to have an "open, stable and rule-based" international economic ... Read more...

Posted in National |

Improve pay at public sector banks: Subbarao


September 7th, 2010 - 7:56 pm ICT by IANS
Mumbai, Sep 7 (IANS) India's central bank governor Tuesday said pay packages at state-run banks need to be revamped and brought at par with their private sector peers if they are to ... Read more...

Posted in Business |

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