Search result for 'slr'

Sri Lanka will restructure its national airline after failing to find buyers. Focus on IMF bailout & debt restructuring.

HSBC to cease retail banking in Sri Lanka by mid-2026, selling its business to Nations Trust Bank (NTB) for SLR 18 billion.

Bank of India (BoI) plans to raise Rs 20,000 crore via infrastructure bonds in FY26 to fund infrastructure projects. This move follows a trend among banks to utilize bonds for infrastructure...

Reserve Bank of India (RBI) cuts Cash Reserve Ratio (CRR) by 1%, injecting Rs 2.5 lakh crore liquidity into the banking system. Move aims to boost lending and economic growth.

Indian Bank plans to raise Rs 5,000 crore through long-term infrastructure bonds to fund infrastructure projects. The move follows a strong demand for such bonds from domestic investors.

Sri Lanka's parliament approves the 2025 budget, aiming for 5% growth and aligning with IMF reforms. The budget seeks to stabilize the economy after a severe crisis.

Sri Lanka's new government has presented its first budget, projecting 5% economic growth in 2025 and outlining a plan for gradual debt repayment starting in 2028. The budget also includes a phased...

Bank of India plans to raise Rs 5,000 crore through infrastructure bonds in Q4 FY25, seeking to capitalize on investor interest and avoid regulatory reserves.

Niti Aayog is exploring ways to balance India's government and corporate debt markets, with focus on fiscal adjustment and liquidity. The think tank will also examine the impact of deepening the...

Punjab & Sind Bank successfully raised Rs 3,000 crore through its maiden infrastructure bond issuance, exceeding the initial target of Rs 500 crore. The funds will be used to expand infrastructure...

Punjab & Sind Bank plans to raise Rs 3,000 crore from infrastructure bonds this month, aiming to boost its loan book and achieve 13-14% credit growth. The bank reported a 26% increase in net profit...

SBI Chairman Dinesh Khara says the bank can support loan growth despite lower deposit growth, attributing it to unwinding investments in government securities. He also addresses concerns about...

SBI MD Ashwini Tewari advocates for a CRR cut to help banks facing low deposit growth, citing the need for resources to fund economic activity. He highlights the pressure on banks due to the gap...

RBI Governor Shaktikanta Das warns of potential liquidity issues if deposit growth continues to lag credit growth, urging banks to maintain a balance between the two. He also flagged concerns over...

SBI Chairman Dinesh Kumar Khara has urged the government to provide tax relief on interest income in the upcoming budget, arguing it would boost bank deposits and funding for infrastructure projects.

SBI Chairman Dinesh Kumar Khara expects 14-15% loan growth in FY24-25, driven by economic growth and lending opportunities. The bank also aims for 12-13% deposit growth.

Cosmos Bank aims to increase technology spending to 9% of operating expenses in FY25, up from 7% currently, as part of its focus on digital transformation. The bank reported a net profit of Rs 384...

IFCI, a state-owned financial institution, received a capital infusion of Rs 500 crore from the government through equity share issuance. This increases the government's holding to 71.72%.

Cooperation Minister Amit Shah launched the National Urban Cooperative Finance and Development Corporation (NUCFDC), aiming to establish one urban cooperative bank in each town. NUCFDC will provide...

Tamilnadu Coke & Power Ltd has signed agreements with SLR Metaliks and Mukand Ltd to supply low ash metallurgical coke, securing Rs 23 crore worth of orders.

The Reserve Bank of India (RBI) has doubled the minimum capital requirement for small finance banks (SFBs) to Rs 200 crore. The move allows Payments Banks to upgrade to SFBs after five years of...

Sri Lanka's government increased fuel prices by Rs 20 per litre, the first retail price hike under the new VAT rates. The move comes as the country grapples with its worst economic crisis in history.

The Reserve Bank of India has superseded the board of Abhyudaya Cooperative Bank due to concerns over poor governance, appointing an administrator to manage the lender. The bank will continue...

UCO Bank prioritizes profitable corporate lending, focusing on retail, MSME & agriculture for growth. Bank sees surplus SLR deposits fueling expansion, while prioritizing CASA accounts for cost...

India reaffirms commitment to Sri Lanka's debt restructuring and economic recovery, providing over USD 4 billion in aid last year. Finance Minister Nirmala Sitharaman details ongoing support during...

India reaffirms commitment to supporting Sri Lanka's economic recovery, including debt restructuring discussions, and outlines future collaboration projects.