Page 44 - Abhijit Lele%20

Sidbi plans to float a rights issue in FY25 to expand its equity capital

It expects to grow its asset book to Rs 5 trillion by March 2024 from about Rs 4 trillion in March 2023, said S Ramann

Private bank headcount closes in on public sector bank tally: RBI data

While total employees working with PSBs are falling over the years, the number of those in officer's grade has risen from 386,000 at the end of March, 2020, to 397,000 in March, 2023

Mutual funds debt exposure to finance companies rose 60.1% in July

The exposure through investment in commercial paper of NBFCs crossed the Rs one trillion mark, last seen in August 2019, it said

India's outward FDI down 33.3% in August on grim global prospects

After declining for two months, outward FDI had increased sequentially to $1.8 billion in July 2023 compared to $1.07 billion in June, marking a rise of 73 per cent

India's outward FDI falls 33% sequentially to $1.2 bn in Aug: RBI data

Debt commitment falls to $269.3 mn in August from $607.5 mn in July

Lenders should release property docs within 30 days of loan repayments: RBI

For delays, attributable to the REs, beyond 30 days, they will compensate borrowers at a rate of 5,000 per day for each day of delay

Banks may increase HTM holdings to reduce treasury book volatility

Although sales from the HTM category are still permitted, internal reclassifications can now only occur under exceptional circumstances

BOI raises Rs 2,000 cr in capital via Tier II bonds to fuel business growth

Next on radar - equity offering to reduce Govt stake in H2Fy24

Reserve Bank of India makes banks' investment norms more stringent

Over 5% sale from held-to-maturity category will need prior approval

BoB's festival offer: Home loans at 8.4%, 80-bps discount on personal loans

BoB expects to grow retail loan book by 25% on-year

Lenders in talks to sell debt-laden Jaiprakash Associates loans to NARCL

Delay of over 5 years in debt resolution via IBC prompts the move

Lenders likely to hike deposit rates up to 25 bps this festival season

Only those with asset-liability management mismatch would consider upward rate revisions

NBFC-MFI disbursements increase 45.8% to Rs 30,398 crore in Q1FY24

Assets Under Management (AUM) grew to Rs 1,26,053 crore in June 2023 from Rs 89,005 crore a year ago and Rs 1,21,326 crore as of end-March 2023

Deposit growth picked up pace, credit offtake moderated in August

The data for both credit and deposit excludes the impact of the merger of HDFC with HDFC Bank in July 2023

Tata Electronics plans to raise Rs 500 crore loan for Tamil Nadu unit

The cost of Tata Electronics' unit expansion is pegged at Rs 3,400 crore, the capacity expansion is expected to be complete in the current financial year (FY24).

LIC Housing Finance, HDB cut fundraise amount due to volatile market

LIC Housing raises Rs 941 cr against indicative Rs 1,500 cr

SBI to take YONO to US, looks at 5% loan growth in global operations

Its global loan book had expanded by 7.44 per cent YoY till the end of June 2023

Credit demand to remain robust, to clock about 14% growth: SBI chairman

YONO 2.0 rollout by FY24-end; app fetches Rs 100 crore in fee income every qtr

FSIB recommends Vinay Tonse for MD position in State Bank of India

The final decision about the appointment will be taken by the government of India

Loan sanctions through NBFCs slip sharply to 5.7% in June quarter

Housing loans dip 26.6%; high interest plays spoilsport