Implementing new LCR norms may undo benefits of rate cutIndividual lenders have approached the central bank to ease the proposed LCR guidelines that require them to mandatorily invest a sum equal...
Banks prepare for higher outflow rates on retail deposits ahead of revised liquidity coverage ratio rulesCommercial banks are raising outflow rates on retail deposits as they prepare for new liquidity coverage ratio rules. These changes, effect...
RBI's draft LCR norms could hit lending: Banks to FinMinBanks have raised concerns to the finance ministry about the Reserve Bank of India's proposed changes to the liquidity coverage ratio (LCR)...
RBI's tighter liquidity norms credit positive for banks: Moody'sMoody's views the Reserve Bank of India's draft guidelines on enhancing banks' liquidity management as credit positive, despite a projected...
Tighter LCR norms: Banks to provide feedback by August-endThe RBI's new norms essentially translate into a greater requirement for banks to deploy more funds in HQLA, which could be quickly liquida...
RBI issues draft liquidity coverage ratio normsLCR is a liquidity requirement for banks to maintain at all times a certain proportion of high-quality liquid assets (HQLA), including cash...
RBI proposes banks maintain higher stock of liquid securities amidst use of technology 24x7 to transfer fundsThe RBI has proposed that banks assign an additional 5% run-off factor for retail deposits enabled with internet and mobile banking facilit...
ESOP tax sops not for all startups on DPIIT list, says CBDTIn her budget speech on February 1, Finance minister Nirmala Sitharaman had announced that employees at startups exempt under Section 80-IA...
Coast is clear: Pirates in retreat after Indian Navy increases patrolling in Gulf of AdenOn December 3, aircraft carrier INS Vikramaditya along with several other warships took part in patrolling Gulf of Aden and the Somalia coa...
Pirates continue to strike in South East Asian waters: International Maritime BureauFive small tankers were hijacked in the waters of South East Asia in the second quarter of 2015, bringing the total number of vessels to 13.
Global piracy on the rise: International Maritime BureauThe report also found that after a steady drop in global piracy over the last few years, attacks rose 10 per cent in the first quarter of 2...
Pakistan plans to vaccinate three million children against polioIPV will be administered to children at end of November as a supplementary dose while Oral Polio Vaccine (OPV) will be given to them as per...
IMB concerned over rise in hijacking cases in Southeast AsiaIn 2014, 10 vessels were hijacked, seven fired upon, 78 boarded and 21 vessels reported attempted attacks against their vessels.
- Somali pirates attack large Japanese oil tanker: IMB
Heavily armed pirates attacked four ships off Somalia at the weekend, including a Japanese oil tanker and a Malaysian chemical tanker, a ma...
- US approves $ 13.9 bn sale of bankrupt bank IndyMac
US govt has approved sale of bankrupt California bank IndyMac to investment group IMB Management Holdings for $13.9 bn.
- Piracy, armed attacks on the rise
Despite close watch by international bodies, piracy and armed robbery attacks against ships rose 14% in the first nine months of 2007 as ag...
- Navy has increased surveillance in the Palk Strait
In the wake of "spillover of ongoing skirmishes between the Sri Lankan Navy and the Sea Tigers of the LTTE into Indian waters," the Indian ...