Page 20 - Subrata Panda

Banks hit by AGS may turn to others for cash management operations

AGS is the second largest ATM servicing and cash management in the country with presence across 2,200 cities and towns

RBI supersedes New India Co-op Bank board after imposing biz restrictions

Alleged misappropriation of funds behind curbs

RBI-NBFC meet: Shadow banks seek new funding as bank credit tightens

RBI governor nudges NBFCs towards Unified Lending Interface

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024

RBI allows Temasek subsidiary to raise stake in AU Small Finance Bank

Zulia Investments holds 1.37% stake in India's largest small finance bank

RBI lifts restrictions on Kotak Mahindra Bank on onboarding new customers

In April last year, the RBI placed restrictions on the bank as it failed to plug gaps in its information technology (IT) systems

Deposit rates drop more in easing phase, lending rates rise in tightening

RBI data suggest that during the tightening period, the transmission on fresh deposits and loans was higher for state-owned banks than for private sector banks

Amid hardening of yields, REC and IIFCL do not raise full quantum

REC raised Rs 2,595 crore at 7.28%; IIFCL raises Rs 1,040 crore at 7.56%

EMIs set to fall: PNB, Bank of Baroda, RBL Bank cut retail loan rates

The move comes after Reserve Bank of India reduced the policy repo rate by 25 bps on Friday

Banks' net interest margins likely to decline further after RBI rate cut

Extent of NIM compression will depend on further rate cuts

Monetary policy: Banks get breather on draft LCR norms for at least a year

"Trade-offs between stability and efficiency will be kept in mind"

RBI's internal committee reviewing economic capital framework: Governor

The panel had also suggested that the RBI's ECF be reviewed every five years

State-owned entities line up to tap bond market after rate decision

Experts indicated that yields on 'AAA'-rated corporate bonds have inched up slightly

Q3 results review: Low core income, slippages hit banks' profitability

The net profit of 32 scheduled commercial banks (SCBs) grew by 21.2 per cent year-on-year (Y-o-Y) but dipped 2.4 per cent sequentially

Goal is for Axis Max Life Insurance to become a listed entity: MD

In first nine months, we have grown at 25 per cent versus private sector growth of 19 per cent and overall industry growth of 14 per cent. So we are gaining market share as we go along, the MD said

PCE facility success depends on investor appetite, market reforms

The facility aims to bridge the gap for lower-rated corporate bonds

NaBFID raises Rs 5,000 crore via 15-year bonds at 7.25% cut-off rate

The cut-off for 'AAA'-rated issuers' long-term issuance has moved up in the last few months, market experts said

100% FDI in Insurance: Foreign insurers may face distribution challenges

The opening up of the insurance industry to 100 per cent FDI comes at a time when the insurance regulator has been advocating "Insurance for All" by 2047

Going by liquidity measures taken, rate cut possible: BoB MD & CEO

Currently, the deposit market is very tight, both in terms of growth and also on the cost side. So, clearly, the cost of deposit is higher resulting in a lower NII growth, Chand said

Budget 2025: Govt allows 100% FDI in insurance, easing foreign entry

The jury is divided on whether this move has led to the expected inflow of investments