Page 3 - Raghu Mohan

BCs seek meeting with finance ministry to break deadlock over remuneration

Industry representatives for business correspondents point out that there is pressure from banks to raise deposits, despite the fact that the BC channel has already overtaken branches in doing so

RBI deepens scrutiny of bank board meetings and governance practices

The central bank's message (through SSMs) is clear: Mere box-ticking will not suffice

Private sector firms continue to maintain high interest cover ratio

The ICR - defined as the ratio of profit before interest and taxes to interest payments - stood at 6.78 in FY25, up from 3.77 in FY20

Microfinance industry refashions itself amid opportunities and challenges

Central bank has taken a sympathetic view of institutions by easing some lending norms

Closer scrutiny of independent directors likely amid IndusInd Bank row

RBI's vetting process may become more intense as banking industry looks for people skilled to be 'effective board members'

Signs bright for MSME sector as lending and financial stability improve

Issues like corporate governance, expertise in international trade and digital transformation fester

Banks set to miss fourth deadline to roll out cassette-swap system for ATMs

Banks, cash handling firms, and managed service providers are yet to work out the absorption of costs involved in the trade as well as the logistics of switching to the new system

IndusInd Bank may need to reset its 'committee of executives' now

Anil Rao's stay on 'committee of executives' to run daily ops on radar

Mint Road's enforcement framework shifts focus to governance premium

The woes at IndusInd Bank have put the spotlight back on a key initiative the banking regulator's Enforcement Department set rolling in FY24

MSMEs struggle with access to formal credit due to limited formalisation

Other factors such as information asymmetry, lack of comprehensive financial records, weak credit histories, and insufficient collateral contribute to this issue

Biz correspondents' body to raise Atal Yojana renewal commission with banks

BCRC may take up the issue with the Indian Banks' Association; in January, it had raised the matter with the insurance regulator

Co-lending 2.0 gains ground, but earlier avatar continues to cast a shadow

The reality is that co-lending did not take off because banks and NBFCs had to dance around issues after blowouts in shadow banking, and iron out the finer aspects of the model

Quicker credit data updates will aid underwriting: TransUnion CIBIL MD, CEO

CIs get fresher data when underwriting or extending additional lines of credit, says Bhavesh Jain

Despite growth of e-transactions, ATMs see surge in orders, deployment

Hike in interchange fees may lead to more deployments in bank as well as white label ATMs

And the wait continues: Fintech funding revival still out of reach

Sectoral regulators have signalled that they expect fintechs to focus strongly on governance, risk, compliance, and conduct aspects

Linking ATM interchange fee to ticket size a good idea: FSS' Vishal Maru

If you look at per-ATM daily transactions, rural areas have much higher numbers. That's why WLATMs focus on Tier-III and Tier-IV cities, says Maru

Affordable housing sector starting to show early signs of distress

With public banks dominating the segment, RBI's revised PSL cap may push banks towards higher-ticket loans, as underwriting costs stay the same regardless of loan size or risk

PoS transformation in progress, but business model needs a rethink

The real-time confirmation builds efficiency and trust, keeping operations smooth and allowing the merchant to focus on business

State-run banks can do more for affordable housing: IMGC MD & CEO

Price appreciation matters if the property is being viewed as an investment

ATM interchange fee hike puts spotlight on micro-ATMs, financial inclusion

The gap of nearly Rs 4 could affect the business correspondent network, which derives nearly 40 per cent of its revenue from the micro-ATM network