Abhijit Lele

S&P report also flags execution risk, and borrowing heavily for tech with unproven commercial payoff, such as green H2

PCA will replace the existing SAF from the beginning of the new financial year - Apr 2025. During FY24, 122 UCBs across the country came out of SAF. The number of UCBs stood at 1,470 at end of Mar '25

There is always a likely exposure to elevated ML, TF, and PF risks in an ever-changing business environment and the increasing level of complexities in banking and financial products

The collection efficiency, including arrears, declined to 96.2 per cent in Q2 FY25 from 97.9 per cent in Q1 FY25

PSBs' credit growth on a year-on-year (Y-o-Y) basis stood at 12.9 per cent in September, lagging behind 16.4 per cent Y-o-Y of private lenders

Price and inflationary pressures eased across all product groups

Shaktikanta Das stated that to provide more flexibility, avenues for UCBs to raise capital, a discussion paper on capital-raising avenues will be issued for feedback from stakeholders

Stock-taking in November to include cap on number of lenders per borrower

At present, badminton Olympian P V Sindhu, Indian woman cricketer Shafali Verma, and tennis player Sumit Nagal are acting as brand endorsers for Bank of Baroda

Moderating credit growth, rising deposit cost likely to weigh on net interest income

The RBI data showed YTD growth in deposits was 5 per cent for H1FY25 as against 6.9 per cent for H1FY24

The country's largest private lender, HDFC Bank, securitised new car loans worth Rs 9,063 crore through a PTC transaction where mutual funds were key investors

While the denominator effect played out over most of FY24, the need to recognise rising delinquencies, provide for them, and write them off has increased credit cost pressures since Q4 FY24

Mumbai-based lender's overall deposit growth better than other commercial banks

Satisfactory monsoon, soft rates to support growth in H2

While large players may not be impacted, lesser-vintage firms could have to mend ways

Export-intensive segments vulnerable to global risks, warn rating agencies

Credit to NBFCs grew by 11.9 per cent Y-o-Y in August 2024, sharply down from 21.3 per cent a year ago. Credit to trade declined to 15.5 per cent from 17.4 per cent in August 2023

Aditi Nayar, chief economist at ICRA, said, "While the CAD expectedly widened in Q1FY25, it undershot our forecast primarily due to secondary income."

Banks are hiring apprentices for the first time amid gradual decline in number of employees