Nomura hires top ICICI banker to head India ECM business: Sources
Nomura Holdings has tapped Mahesh Natarajan to head its equity capital markets business in India, two sources with direct knowledge ...
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Tag: banks
Transition to expected credit loss-based provisioning may hit banks only one time: Report
The implementation of expected credit loss (ECL)-based provisioning model proposed by the Reserve Bank of India will be smooth as ...
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Banks relying on costly market borrowings for lending
Banks are relying more on costly market borrowings instead of deposits to meet credit demand. Experts say that banks are ...
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RBI bans SBM India from allowing foreign remittances
The Reserve Bank of India (RBI) has banned State Bank of Mauritius (SBM)’s Indian subsidiary SBM Bank (India) Ltd from ...
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PSBs will continue to lag private peers in deposits: Analysts
Public sector banks are benefiting from lower credit costs and increase in risk appetite due to asset quality clean-up, but ...
Read moreBanks transfer Jaypee Infratech’s ₹9,234-crore debt to NARCL
Banks have completed the transfer of ₹9,234 crore of Jaypee Infratech loan to the National Asset Reconstruction Company (NARCL), marking ...
Read moreRBI tweaks norms related to share acquisition in banks
India's central bank, the Reserve Bank of India, on Monday tweaked norms related to acquiring shares in banks in a ...
Read moreRBI’s new proposal on loan loss provisions to raise bank capital needs
The Indian central bank's discussion paper suggesting banks make provisions on bad loans using an expected credit loss (ECL) method ...
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SMBC Bank, Oaktree submit EoIs for IDBI’s strategic stake sale
Sumitomo Mitsui Banking Corporation Group (SMBC Bank) of Japan and Oaktree Capital Management are among those that have submitted expressions ...
Read moreNon-bank arms mooted to tackle RBI-ESMA rift
Amid the standoff between the Reserve Bank of India (RBI) and the European Securities and Markets Authority (ESMA), the former ...
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