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US airstrike destroys second site of ISIS cash reserves

US warplanes have reportedly destroyed a large Islamic State bank in Iraq's Mosul city housing an estimated USD 45 million (approximately Rs 305 crore), the second time in over a week that such a......

Caste versus faith: Which will win in Bihar?

'Modi and Shah know their politics. That is why the alarmed switch to reservations, and raising the threat from 'vote bank' politics,' says Shekhar Gupta. The interplay of caste and politics has......

Rajan says RBI working to clean up lenders' balance sheets

The government plans to inject a total Rs 70,000 crore into the lenders over four years Reserve Bank of India Governor Raghuram Rajan said on Friday the RBI is working to ensure that commercial......

RBI to cut rates only once this year as inflation climbs: Reuters poll

Only one 25 basis points rate cut is likely this calendar year, between April and June, the poll says The Reserve Bank of India (RBI) is expected to leave its key interest rate steady at 6.75 per......

If you flaunt a yacht while owing a lot, it shows you don't care: Rajan

'Lower rates are only part of the solution and sometimes not the right solution at all.' Reserve Bank of India Governor Raghuram Rajan says his efforts to clean up public sector banks’......

RBI simplifies gold monetisation scheme

  Changes are meant to attract temple gold. RBI also allows banks to sell India gold coins The Reserve Bank of India has simplified the Gold Monetisation Scheme for bulk depositors, aimed to......

Markets to settle, investors to go for India: Rajan

Reserve Bank Governor Raghuram Rajan expressed confidence in India's growth and said the country is on target to meet Jan inflation target of below 6%. Reserve Bank Governor Raghuram Rajan has......
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New ICAI chief wants panel for bank audit appointments

The Institute of Chartered Accountants of India (ICAI) is recommending a revamp of the auditor appointment system for banks both for central... ...

http://smartinvestor.business-standard.com/market/Marketnews-366108-Marketnewsdet-New_ICAI_chief_wants_panel_for_bank_audit_appointments.htm
SBI Unit Initiates Steps to Auction Kingfisher Airlines HQ

BENGALURU: SBICAP Trustee Co Ltd, a subsidiary of investment bank SBI Capital Markets Ltd (SBI Cap), has initiated the process for selling... ...

http://www.newindianexpress.com/business/news/SBI-Unit-Initiates-Steps-to-Auction-Kingfisher-Airlines-HQ/2016/02/12/article3273726.ece
Rupee strengthens, but still above 68-mark

Mumbai, Feb 12 (IANS) The Indian rupee halted its downward movement and marginally strengthened on Friday but closed above the 68-mark against the... ...

https://in.news.yahoo.com/rupee-strengthens-still-above-68-mark-143404697--finance.html
Canara Bank profits tank 87% to Rs 85 crore

Canara Bank has reported a 87 per cent drop in its third-quarter profits at Rs 85 crore as it made higher provisions for doubtful debts. The... ...

http://smartinvestor.business-standard.com/market/Compnews-366106-Compnewsdet-Canara_Bank_profits_tank_87_to_Rs_85_crore.htm
DBS

NEW DELHI: The macro indicators of the Indian economy like inflation and external balances have improved significantly in the last two years, but... ...

http://economictimes.indiatimes.com/industry/banking/finance/ground-developments-in-india-belie-strong-headline-numbers-dbs/articleshow/50964441.cms

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