Page 13 - Abhijit Lele%20/t%20_blank%20

UFBU seeks adequate hiring in PSBs, regularisation of temporary staff

Over the years, the workforce in PSBs has dwindled significantly, creating an unsustainable work environment and compromising the efficiency and reach of these institutions

Gold loan offtake stays strong amid retail loan moderation in January

Industrial credit depicts mild uptick; agri, services moderate

India needs more global-scale banks for 2047 vision: DFS Secy M Nagaraju

Large banks also play a crucial role in the stability & growth of the global economy, with the resources & expertise to absorb shocks & manage risks better, ensuring stability in the financial system

After crossing Rs 8 trn, SBI aims Rs 10 trn home loan book by Mar'27: Setty

SBI's home loan portfolio grew by 14.26 per cent year-on-year (Y-o-Y) to Rs 7.92 trillion as of December 2024

Microfinance loan book shrinks 3.5% to Rs 3.85 trillion in Dec quarter

Share of overdue loans shoots to 6.4%

Cracks in co-ops? Irregularities persist in UCBs despite RBI interventions

RBI's initiatives to promote sound governance practices in UCBs include introducing a four-tiered regulatory framework, direct engagement with directors on UCB boards

MFIs bleed in December quarter as provisions, write-offs balloon

The provisions and write-offs of these MFIs jumped to Rs 2,357 crore in Q3fy25 from Rs 378.1 crore a year ago

Reserve Bank of India issues norms for forward contracts in G-secs

Aims to assist long-term investors in managing cash flows

Lenders to Go First to auction land parcels in March for recovery

About 94.7 acres on block; reserve price set at Rs 1,782 crore

Net ECB borrowings up threefold to $15.6 billion in April-December 2024

According to Reserve Bank of India (RBI) data, gross disbursements to Indian entities through the ECB route rose to $36.6 billion in April-December 2024, up from $26.1 billion in April-December 2023

Flows in NRI deposits up 43% to $13.33 bn in April-December 2024: RBI

The total outstanding NRI deposits as of the end of December 2024 stood at $161.8 billion, the latest data released by RBI showed

Net FDI in India declines to $1.2 billion Apr-Dec 2024, says RBI data

Gross inward FDI during April-November 2024 increased by 20.6 per cent year-on-year (Y-o-Y) to $62.5 billion from $51.8 billion a year ago

Mortgage lender Can Fin Homes plans to raise Rs 2,000 crore via NCDs

Suresh Iyer, managing director and chief executive, Can Fin Homes told Business Standard that the firm has already begun discussion with market participants for prospective investments in NCDs

RBI curbs on New India Co-op Bank: Deposit insurance offers silver lining

Customers pin hopes on Rs 5 lakh insurance payout as RBI freezes withdrawals

SBI cuts home loan rate, EBLR by 25 bps after RBI's repo rate reduction

State Bank of India (SBI) has reduced its home loan rate by 25 bps to 8.25% and EBLR to 8.90%, following RBI's 25 bps repo rate cut to 6.25%, signalling easing rates in the system

K'taka microfinance ordinance effect: MFI loan disbursements may slow down

The assets under management (AUM) of microfinance institutions (MFIs) in the state stood at Rs 60,000 crore at the end of March 2024

RBI supersedes New India Co-op Bank board after imposing biz restrictions

Alleged misappropriation of funds behind curbs

ARCs acquire Rs 1.14 trillion worth of dues in April-December 2024

Recoveries to touch Rs 38,000 crore

Bank of Baroda gets board approval to raise up to Rs 8,500 crore equity

Approves extra time for AT1 and Tier-II debt capital issuance

Liquidity easing to moderate pressure on banks' net interest margins: Fitch

The Indian banking sector's NIM remains healthy at 3.5 per cent as of the first half of FY25, although it has declined from about 3.6 per cent in FY24, partly due to the upward repricing of deposits