Page 92 - Abhijit Lele

Hit by Covid-19 pandemic, textile NPAs rose to 16.9% in December

According to the CRIF report, the total amount of credit availed by the sector as of December 2020 stood at Rs 1.62 trillion

Religare Enterprises to raise Rs 570 crore from preferential issue

Burman family, SSG & new investors to chip in

Fund-rich banks unlikely to use RBI's special window of Rs 15,000 crore

The RBI has decided to set up a special liquidity window of Rs 15,000 crore for contact-intensive sectors

BoI posts Q4 profit of Rs 250 cr versus Rs 3,571 cr loss a year ago

Full year (FY21) profit at Rs 2,160 crore, as against loss of Rs 2,957 crore in FY20

Bank of Baroda may repatriate some capital from overseas business

The surge in liquidity - following additional infusion by central banks to fight the Covid-19 pandemic - has pushed down interest rates across the globe

Covid-19 pandemic: Banks' credit costs may rise to 2.4%, says S&P

The credit losses will remain well below expected long-term average in most countries despite last year's economic hardship

PNB Housing Finance must look at cost of funds, rising defaults: Experts

It factored in clarity around the equity fundraise in recent months and continued strong resource-raising ability at competitive rates

Carlyle Group to acquire controlling stake in PNB Housing Finance

Aditya Puri to come on board; Carlyle to appoint chairperson

Credit to MSMEs, agriculture rises; personal loans register 12.6% growth

Credit growth to agriculture and allied activities accelerated 11.3%, compared with 4.7% the previous year

Second Covid-19 wave impact manageable for most of India Inc: Fitch

'Weaker domestic demand is a key channel of risk transmission for businesses. However, lockdowns in 2021 have been less stringent,' says the rating agency

PNB HFC raising up to Rs 4,000 cr in equity; Carlyle group among investors

Aditya Puri, former CEO of HDFC Bank will also infuse capital transactions.

Govt expands credit lifeline for MSMEs amid second wave of Covid-19

Scheme removes the ceiling of outstanding loans of Rs 500 crore, keeps government's guarantee cover of Rs 3 trillion.

BoB posts Q4 net loss of Rs 1,047 cr due to rise in tax provisions

Excluding the impact of change in tax regime, the bank would have reported profit after tax of Rs 2,267 crore in Q4FY21

Banks to sell Mallya's UBL shares worth Rs 5,500 cr after PMLA court nod

SBI in talks with SBI Caps to sell shares via block deals

Indian Bank posts Q4 profit of Rs 1,709 cr versus Rs 1,641 cr year-ago loss

May visit market to raise equity capital

Canara Bank's board approves plan to raise up to Rs 9,000 crore in FY22

The bank had raised Rs 2,000 crore through another QIP in December 2020.

Banks in better position to manage stress in second Covid-19 wave: RBI

But lenders need to prepare for higher provisioning, monitor asset quality, says RBI

Manappuram Finance consolidated Q4 net up 17.6% to Rs 468 cr, NII up 7.2%

Mulls listing of MFI subsidiary

Karnataka Bank Q4 net profit rises 15% at Rs 31 cr; NII declines 13%

The capital adequacy ratio improved to 14.85% in March 2021

RBI's new restructuring package for small borrowers: Will it work?

The new restructuring package for small borrowers has little chance of taking off