Page 9 - Somasroy Chakraborty

Pvt banks start growing unsecured retail loans

Credit card, personal loan growth outpace rise in home, auto finance

UBI takes a U-turns, says no issues with Finacle's NPA tool

Statement comes a day after it claimed Infosys' software failed to identify bad loans in its small accounts

Retail NBFCs losing steam?

Analysts of the view sector unlikely to repeat 2013 performance this year; credit quality stress, weak economy likely to cap earnings growth

Brand value: Smaller banks take big steps

Experts, however, say perception can be different from reality

Pvt banks go offbeat to make inclusion effective

For instance, ICICI Bank is now using light commercial vehicles to serve many of its rural customers in Maharashtra

Common-sense banking

Aditya Puri has made HDFC Bank a financial powerhouse by keeping things simple. And his rural play is paying off handsomely

Subsidiarisation: a non-starter?

Foreign banks do not consider the promise of 'near-national' treatment and tax sops as sufficient incentive for converting their branches into subsidiaries

UBI's losses may test India's approach to Basel III, warns Fitch

UBI's credit profile has weakened sharply and is considered worst among its peers

DCB Bank to seek more time to reduce promoters' stake

DCB Bank is one of few private sector lenders where promoters hold more than 10% share

Central Bank of India Q3 net falls 66% to Rs 61 cr

Higher provisions, tax expenses hurt earnings

HDFC Bank introduces 'missed call banking'

Service allows customers use banking services without visiting branches and ATMs or using internet and mobile banking

Insurers shift product mix away from Ulips

Under the new norms life insurers have to replace their existing products with new ones meeting the regulatory criteria

NPAs of private banks rise despite cautious lending

Chiefs say problem likely to continue and more work needed

Govt banks develop cold feet on QIPs

Some lenders in talks with LIC for pvt placement

New RBI rules to spur debt recast, recovery

Also, feel bank heads, the changed guidelines on stressed assets will encourage the business of asset reconstruction

Magma Fincorp Q3 net profit falls 3.3%

Total income from operations grew by 21%

2014 will be another lacklustre year for investment banks: Jaideep Khanna

Interview with Country Head & CEO, Barclays India

Private banks not game for charging customers for using ATMs

IBA, nudged by state-run banks, had proposed limiting the number of free transactions at own-bank ATMs to five a month

RBI sees 5-6% economic growth in 2014-15

Says inflation risks likely to stay

Muthoot Pappachan's MFI to get company umbrella

The growth in loans by MFIs and the improving regulatory environment for micro lenders have convinced it to create a separate subsidiary for this business