Page 80 - Abhijit Lele

SBI inks co-lending pact with five HFCs for affordable housing

SBI expects to grow home loan book to Rs 7 trn by 2024

Stress in 30 plus day dues in micro-loans declines in December quarter

Disbursements take a knock on Omicron concerns

To 'protect interest', banks to move DRT's Mumbai bench against Future

The lead bank of the consortium has to issue notice under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI).

Banks put in lesser amounts in VRRR auctions ahead of FY22-end

The RBI has been conducting VRRR auctions to manage surplus liquidity in the system

Refinancing debt more challenging for Vedanta Resources in tight market

While current capital market conditions have reduced Vedanta Resources' funding options, its strong underlying ops remain supportive of the company's ability to meet its immediate debt obligations

RBI to conduct two VRRR auctions worth Rs 1.5 trillion on Tuesday

Treasury executives say liquidity surplus continues to be sizeable

Spandana Sphoorty looks to steady ship after over 4 months of uncertainty

The MFI, backed by private equity fund Kedaara Capital, experienced a jolt in November 2021 after Padmaja Reddy, founder and managing director (MD), quit abruptly.

Reliance-ACRE combine wins race for ailing textile firm Sintex Industries

Lenders approve resolution plan with 100% vote

Net-zero shift may have less impact on banking, says RBI study

India made five pledges at the global climate meeting in Glasgow in October 2021 for taking steps towards controlling emissions.

Moody's lowers India growth estimate for CY22 to 9.1% on Ukraine conflict

Last month, the agency revised India's economic growth estimates in CY2022 upwards to 9.5 per cent from 7 per cent on stronger than expected recovery.

UPI open architecture limits fintech growth in other fin services: Moody's

Despite their dominance, fintechs do not have exclusive access to transaction data on the UPI as banks play a critical role in executing UPI transactions

NARCL to make binding offers to lenders by March 31, say bankers

NARCL is a public sector entity and will have to follow a competitive bidding process for these assets using the Swiss Challenge method.

BBB recommends A Manimekhalai to MD & CEO post at Union Bank of India

Also calls for A K Choudhary's appointment as SBI managing director

The coast is still not clear: Is the worst over for Indian banks?

Banks are better placed now than any time in the past three years, but they are not yet over the hump

Amazon-Future case: After talks fail, lenders to FRL may approach NCLT, DRT

Senior bankers said with failure of Future-Amazon talks, banks have to think of legal action only.

NaBFID to fund projects in Rs 6 trillion asset monetisation pipeline

Bank to begin work in Q1FY23; asset monetisation will free up resources that will come back to industry

Delhi-Mumbai Expressway raises Rs 5,000 cr via maiden bond offering

The 15-year offering comes with variable coupon rate

IIFCL expects to disburse Rs 50,000 crore in the next financial year

Outstanding advances stood at Rs 37,688 crore at the end of September 2021. They rose from Rs 33,637 crore in March 2020 and Rs 36,647 crore in March 2021, according to ICRA.

SBI to revamp banking app YONO, position it as complete digital bank

YONO has three facets, namely DB for seamless and intuitive banking services

IIFCL raises Rs 1,500 cr via 10-yr bond at 7.17%, including green shoe

Sources say SBI Pension Fund and EPFO were key investors in the "AAA" rated paper