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Public banks demands remain largely unmet in Budget

Public sector banks are disappointed with the Union Budget 2015. Budget Provisions Allocated Rs 7940 crore for recapitalization of Public Sector Banks in 2015-16 to help them maintain comfortable......

All you want to know about shadow banking

Shadow banking is a universal phenomenon, although it takes on different forms. In advanced economies where the financial system is more matured, the form of shadow banking is more of risk......

Banks will now be encouraged to extend long-term loans

Banks exempted from CRR/SLR/PSL requirement on long-term funds raised for infrastructure lending Budget 2014-15 Analysis Budget Provisions Allocated Rs 11200 crore for recapitalization of Public......

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......
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Federal Bank & SBI Card Joins to Launch Co-branded Credit Cards

Federal Bank, one of India's premier private sector banks, and SBI Card, one ofIndia's leading Credit Card issuer announced their collaboration to... ...

http://newsr.in/n/Press+Releases/7551kr966/Federal-Bank-SBI-Card-Joins-to-Launch.htm
TJSB Sahakari keen on becoming private bank, says chairman

PANAJI: The TJSB Sahakari Bank Ltd is open to the idea of taking the big leap into full-fledged, commercial banking, indicated chairman C... ...

http://www.navhindtimes.in/tjsb-sahakari-keen-on-becoming-private-bank-says-chairman/
Financial Results for the Quarter / Year ended 31st March 2015

By admin - Tue May 12, 1:36 pm Edited by admin The Board of Directors of Vijaya Bank today approved the audited financial results of the Bank... ...

http://www.thisweekbangalore.com/financial-results-for-the-quarter-year-ended-31st-march-2015/
Federal Bank Offers Free Insurance Cover for Gold Loan Customers

Federal Bank has come out with a new Gold Loan Product, *Akshaya Gold*, with the added feature of free insurance cover. Under the scheme, customers... ...

http://newsr.in/n/Press+Releases/7551kn7rs/Federal-Bank-Offers-Free-Insurance-Cover-for-Gold.htm
Sushil Finance

Sushil Finance's report on Federal Bank Federal Bank (FB) has reported good set of numbers for the quarter ended March'15 with healthy credit... ...

http://www.moneycontrol.com/news/recommendations/buy-federal-bank-targetrs-162-sushil-finance_1380704.html

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