News From Yellow Business Pages » Banking » February 3, 2012

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Banking (4 unread)

• 

  2G: Indian banking sector should be able to absorb loan-losses, says Fitch

  Posted: February 3rd, 2012, 11:31am EST

  Tags:    [edit]

  The Indian banking sector should be able to absorb loan-losses stemming from the cancellation of 2G mobile licenses without materially impairing credit quality
• 

  2G licence cancellation to hit banks' profits by 10%: Fitch

  Posted: February 3rd, 2012, 8:04am EST

  Tags:    [edit]

  Global ratings agency Fitch said the Supreme Court's decision to cancel 122 telecom licences will hit the profitability of banks
• 

  RBI directs banks not to overstate value of house property for loans

  Posted: February 3rd, 2012, 7:58am EST

  Tags:    [edit]

  RBI stated banks have been found overstating value of houses they finance by adopting practices like including stamp duty and other charges in the cost
• 

  RBI hints at more open market operations to infuse liquidity

  Posted: February 3rd, 2012, 6:33am EST

  Tags:    [edit]

  The Reserve Bank on Friday hinted at more open market operations (OMOs) to ease tight liquidity conditions in the banking system.