Page 90 - Abhijit Lele

Yes Bank's loans, advances shrink in Q1 over Covid-19 impact

The credit to deposit ratio (C\D ratio) declined to 100.4 per cent in June 2021 from 102.4 per cent in March 2021

Valuation of SBI, subsidiaries can be better: Chairman Dinesh Kumar Khara

The early numbers indicate that we have seen traction in the retail book. But, not much traction was seen in the corporate book, said Dinesh Khara, Chairman, SBI

Debt-laden Vodafone Idea breaches the loan covenants with lenders

Lenders want telco to put more skin in the game

Canara Bank to raise Rs 3,400 cr in capital via Additional Tier-I bonds

Ind-Ra said the bank is unlikely to witness a capital erosion in FY22

HDFC Bank set for post-embargo scenario with aggressive payments biz plans

Refuses to hazard a guess on when RBI will lift curbs; picks up stake in Pune-based enterprise software solutions firm

Indian banks will face heat of second Covid wave in H1 of FY22: S&P

Credit losses should remain high at 2.2 per cent before recovering to 1.8 per cent, says rating agency.

Banks not in a hurry to hike interest rates on deposits despite price rise

Year-on-year growth in deposits till early June 2021 has been 9.7 per cent while credit growth is only 5.7 per cent.

Private sector banks' share in loans rises to 36.5% in FY21

Surpass other bank groups in terms of loan growth

IDBI Intech eyes fintech firms for takeover as it expands in Europe, Asia

Firm currently has 20 fintechs in its fold; ties up with Lemon Advisors to expand overseas

IDBI Intech ropes in UK-based Lemon Advisors for overseas foray

This association will help IDBI Intech access global markets where it aims to leverage the significant reach that Lemon Advisors brings on board, across the geographies in Southeast Asia, Japan, Austr

ONGC's improved earnings outlook for 12-18 months to support deleveraging

The rating agency has revised Brent crude oil price expectations for the rest of 2021 to $65 per barrel from $60 per barrel earlier

Guarantees for MFI loans to kickstart lending in rural areas, say experts

Scheme extended to term loans from banks to MFIs for on-lending; tenure of loan extended to 36 months from 18 months earlier, with cap on interest rate charged by banks

NBFC disbursement to dip by 50-60% in Q1FY22, bad loans set to rise: Icra

However, the sector is expected to post a healthy revival in the latter part of the year

SBI ready to meet credit growth spike, expects loan book to grow 9% in FY22

Khara said FY22 had begun with an unexpected second wave of Covid-19 infections

Fiscal health of Indian state govts to worsen due to Covid-19: S&P

This is despite a likely rebound in the economy over the next 12-24 months, says rating agency

Moody's affirms ratings for IDBI Bank's long-term deposits at "Ba2"

Flags increased uncertainty over level of govt support despite improvement in asset quality, capital and funding

RBI tightens dividend payout norms for NBFCs, links them to bad debt

NBFCs can give dividend only if accounts are clean, NPAs not hidden, and are below 6 per cent for the last three years

After a washed-out Q1, bankers hope to cash in on revival starting July

Demand expected to rise, but more gradually than last year

Regulatory wrinkles should be ironed out to give HFCs a better deal: Parekh

Parekh said his personal view was that Regulation and supervision are critical functions in any financial system and it is important that trust between a regulator and regulatee is never compromised.

Centrum Capital plans to raise up to Rs 500 crore in equity via QIP

The board also gave nod to the issuing of non-convertible debentures of up to Rs 1,000 crore