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PFC appoints merchant bankers for Rs 5,600 cr FPO

State-run Power Finance Corporation (PFC) on Thursday said it has appointed four merchant bankers - Goldman Sachs, JM Financial, DSP Merill Lynch and ICICI Securities - to manage the Rs 5,600 crore......

Nod given to PFC's FPO

The government on Thursday approved follow-on public offer of the state-run lending agency Power Finance Corporation worth about Rs. 5,732 crore (Rs. 57.32 billion).The exact amount to be raised......

Number of Regional Rural Banks drops

The total number of Regional Rural Banks (RRBs) stands at 82 as at end-March 2010 following the process of their amalgamation initiated by the government in 2005, the RBI has said. "In order to......

Central Bank of India to open 100 branches

The state-owned Central Bank of India on Friday said it plans to open over 100 branches during the current fiscal. "We are going ahead with the branch expansion not at the pace it was there in past......

Chaturvedi panel report on co-ops soon

In view of the financial assistance given to co-operatives under the agricultural debt waiver and debt relief scheme of 2008, the fund allocation for the revival of long-term co-operative credit......
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  People speak for crar

  • QNA

Q. What do you mean by Capital Adequacy Norms?
DEBASISH BISWAS:  A. Capital Adequacy Ratio (CAR) is defined as the ratio of bank's capital to its risk assets. Capital Adequacy Ratio (CAR) is also known as Capital to...... more

Q. what is the full form of CRAR ?
Sasi:  A. Continuous Automobile Research more

  Web results for Crar

RBI's move provides short term breather to banks (specifically public sector banks or PSBs) facing challenge of raising tier I capital to meet... ...

The RBI's concern and involvement in the sphere of rural credit stemmed from its very statute of incorporation, Dr Deepali Pant Joshi says Since... ...

Excelsior Correspondent JAMMU, Mar 13: In reference to the news item, captioned `RBI pulls up CCBL Jammu for deficiencies, non-compliance of... ...
Reserve Bank of India cancels the Licence of The Urban Co-operative Bank Ltd. (Bhubaneswar)

The Urban Co-operative Bank Ltd., Bhubaneswar was granted a licence by the Reserve Bank of India on September 7, 1987 to conduct banking business... ...
Concern over low CD ratio in rural Bengal

Bankers are cagy about making aggressive advances in agricultural and allied sectors to correct the low credit-deposit ratio in rural West Bengal... ...

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