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Baroda Academy, Ahmedabad NEWS FLASH 26.11.2014

Stressed banks may face lending curbs: RBI has asked banks facing excessive stress due

to a rise in bad loans and restructured debt to beef up recovery eorts, failing which lendingrestrictions could be imposed. ccording to sources, the RBI is mulling action in terms of limiting loan!sanctioning powers of banks with stressed asset ratios near "# per cent. $B%&

RBI: ready to exible on loan recast to spur growth: RBI 'overnor said that the

regulator was exploring (ways to allow banks more )exibility in restructuring* loans inresponse to their constant demand for grater )exibility to restructure loans. $I+&

Credit System needs reforms: Goernor: alling for reforms in the credit system, the

Reserve Bank of India 'overnor Raghuram Ra-an on uesday said the present creditmechanism protects large borrowers and needs reforms with regard to lending and borrowing.$B/&

Recast dry up as !RCs" banks wage price war: 0ith banks reluctant to sell bad loans to

asset reconstruction companies $Rs& at steeply discounted rates, Rs expect a dull timeahead.ccording to 1 Rudran, managing director and +2 of India3s oldest R 4 rcil 4 the

company is now targeting a purchase of around Rs 5,6## crore of bad loans in the 7scal,compared with the Rs 6,###!crore target at the beginning of the year. $8+&

Rupee rises as C!# seen under control on drop in crude prices: Rupee rose on

optimism a drop in oil prices will help keep the nation3s current account de7cit under controland slow in)ation. $8+&

!t $%&'(( billion" foreign portfolio ows at record high: 8oreign 1ortfolio Investors

$81Is& have broken the record for the highest!ever purchases of Indian stocks and debt in acalendar year with a full month still to go. hey have bought $net basis& 95.;; billion of e<uity and 7xed!income assets so far, beating the 95.=6 billion in "#>#. $B/&

 )aitley to reiew )an #han scheme today: 8inance ?inister will chair the 7rst

<uarterly meeting of the ?ission of 1?@A to review, among others, the progress of account

opening and deposits, duplication and multiplicity of accounts, lack of telecom connectivity,and challenges being faced by the o-ana. $B/&

*ublic sector banks top )an #han score at halftime:  1ublic sector banks $1%Bs& are

racing ahead in the opening of accounts under the scheme. 2f the C.> crore total accountsopened till Dovember "", the 1%Bs accounted for ;.5; crore. his was followed by regionalrural banks sponsored by 1%Bs& at >.5= crore accounts. 1rivate sector banks have so faropened ">.55 lakh accounts. $B/&

SBI draws up social media code" warns of action against non+compliance : %BI is

pressing employees to accept a social media policy, styled Eode of conduct for employees forexpressing views in social media3. circular was issued by the bank on @une >C and the sameis now being circulated digitally in the bank3s Fuman Resource ?anagement %ystem portal.$B/&

,otak -ahindra Bank to foray into general insurance business: week after

ac<uiring ID' Gysya bank in an all!share deal, private!sector lender Hotak ?ahindra Bank hasannounced it will foray into the general insurance business and received RBI3s approval on uesday to form a subsidiary for general insurance. $B%&

Quote of the day : To succeed, jump as quickly at opportunities as you do at

conclusions.

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 A snapshot of economic data points "6.>>."#>=

all Rate C.C# %+D%+  "J5JJ.#66 yrs ' %ec J.>C DI8 J=;5.>#

># yrs ' %ec J.>= 9K ;>.JC

RRK%/R $#.#"."#>5&K$#.#J.>=& =.##K"".## B1/R of our Bank $#.#"."#>5& >=.6#L

This is an iniiai!e o" Baroda Academy, Ahmedabad# $om%i&ed by Sanosh '(mar )(%a* +esearch Associaeisc&aimer : The above does not purport to substitute or supplement bank’s extant guidelines on operational issues.

Baroda Academy -n!enin /ehods "or -niin /inds

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Baroda Academy, Ahmedabad NEWS FLASH 26.11.2014

Repo RateKRev. Repo Rate$"J.#>."#>=& J.##KC.##

Base Rate of 2ur Bank $#.#".>5& >#."6L

8orex Res. $>=.>>."#>=& in 9 billion

5>6.66>

Brent rude $9 per barrel& CJ.C

; ?onth /IB2R $"6.>>."#>=& #.5"C=#L 'old $Rs. per ># gms& ";C##

This is an iniiai!e o" Baroda Academy, Ahmedabad# $om%i&ed by Sanosh '(mar )(%a* +esearch Associaeisc&aimer : The above does not purport to substitute or supplement bank’s extant guidelines on operational issues.

Baroda Academy -n!enin /ehods "or -niin /inds