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Canara Bank to raise Rs 3,000 cr in AT1, tier-II capital in H2FY23

The bank, which aims to keep capital adequacy at the 16% and above level, has already raised Rs 6,000 cr via these instruments in H1

We're looking to hire 1,700 bankers this year: Central Bank of India MD

Rao says he doesn't foresee much flight of CASA money into term deposits as deposit rates are hiked

Rupee Cooperative Bank set to explore merger proposal, SFB conversion

On August 8, the RBI had ordered cancellation of the banking licence of the ailing UCB from September 22. The high court will take up the matter on October 17

Microfinance disbursements slowed in Q1 FY23 after new regulations: MFIN

Lenders needed time to make policy changes after norms were updated in March 2022, says industry group

Can Fin Homes to let Kousgi go Oct 20, may ask headhunter to find successor

Stock under pressure for third day on the trot, sheds 2.34% to close at Rs 552.15 a share on BSE on Wednesday

TMB stock ends flat as RBI rejection of proposed chairman has little impact

RBI advised private sector lender to submit a fresh proposal of another Independent Director for the post of Chairman

Bank NPAs loans may drop to 5% by March 2023 on economic rebound: Crisil

May even touch decadal low of 4% by March 2024; MSMEs remain vulnerable with one-fourth of recast accounts likely to turn NPAs

RBI removes Central Bank of India from PCA framework after more than 5 yrs

Central Bank of India has provided a written commitment that it would comply with the norms of Minimum Regulatory Capital, Net NPA and Leverage ratio on an ongoing basis, says RBI

Can Fin Homes stock under pressure second day in row, sheds 4% on BSE

No word yet on successor to MD & CEO Girish Kousgi, who resigned on Monday

Transferring 18 NPAs to bad bank by October-end a tall order: Bankers

There is no way that lenders can bypass established regulatory norms including the step of inviting counter bids under Swiss challenge method, they said

RBI asks urban cooperative banks to appoint compliance chiefs by April 2023

RBI said this directive should be placed in the immediate next meeting of the Board of Directors for information

India Ratings revises FY23 bank credit growth estimates to 13% from 10%

The pressure on hiking interest rates on deposits is likely to intensify. However, the decline in credit could offset an increase in deposit costs

Firms starting to pass on rising costs amid pick-up in demand: RBI study

Report says the gap between output and input prices widened during the pandemic, particularly after the first Covid-19 wave

Education loan redesign may overcome banks' reluctance to disburse more

Of the Rs 35 trillion of retaill loans deployed by banks, just Rs 84,375 crore or 2.4 per cent went towards education loans

Infrastructure firms can resist further rupee depreciation: Moody's

Generally, corporate infrastructure issuers have features that shield them to currency weakness

State Bank of India ready to open rupee trade account with Russian banks

A vostro account is opened by a domestic bank with a foreign correspondent bank to act as an agent for the domestic bank

Central Bank withdraws IBC case as Aban Offshore pays one-time settlement

The company has repaid outstanding principal of Rs 121.78 crore to the bank, is in talks with other lenders for debt resolution plan

S&P affirms State Bank of India's 'BBB-' rating on improving asset quality

The rating agency also affirmed the short-term issuer credit rating 'A-3' and maintained stable outlook for the rating

Tax payments: spurt in quarter-end activity may squeeze liquidity further

Interest rates on term deposits, money market instruments could go up further, even as RBI may conduct repo operations to maintain liquidity in the system

GMR Warora Energy signs pact with lenders to recast Rs 3,000 cr loans

Loans would be repaid progressively over 15 years, giving the company additional time of about seven years to extinguish the liability