Page 21 - Banking

BS Infra Summit: How lending trends in 2010s created bad loan crisis

The paper notes that the problem was not just weak lending choices; core project risks were built into the model

SFBs' Q1 net profit slumps 76% to ₹309 crore as credit costs rise

Small Finance Banks reported a 76 per cent drop in Q1 net profit as provisions surged and net interest income weakened, while gross NPAs jumped nearly 70 per cent year on year

AIBOC opposes Centre's plan to privatise IDBI Bank, warns of social risks

Bank officers' union AIBOC has opposed the Centre's plan to privatise IDBI Bank, saying it endangers public trust, social justice and economic sovereignty while risking financial exclusion

SBI asks regulator to allow banking industry to finance acquisitions

SBI Chairman also urged the private sector to commence investment for capacity expansion, as the government has already taken several steps to boost consumption

Banks draw up plans to help exporters navigate 50% Trump tariff threat

The 50 per cent tariffs, which come into effect from August 27, have prompted officials to take proactive measures to mitigate the impact, said senior bankers

Sebi approval for LIC as IDBI Bank public shareholder after divestment

SEBI has approved reclassification of LIC as a public shareholder in IDBI Bank following strategic divestment, subject to curbs on voting rights and board representation

Indian companies have raised Rs 613 cr in overseas debt in FY26 so far

India Inc's overseas fundraising has been tepid, as ample domestic liquidity and comparatively attractive local interest rates offer cheaper funding alternatives at home

MFIs raise loan-waiver concerns with RBI, finance ministry ahead of polls

Bihar, Assam, Kerala, Tamil Nadu and West Bengal - which go to polls between the latter half of 2025 and the early part of 2026 - account for 42 per cent of microfinance institutions' (MFIs) portfolio

RBI receives ₹31,025 cr bids at VRR auction against ₹50,000 cr notified

RBI's overnight VRR auction received Rs 31,025 crore bids against Rs 50,000 crore notified as surplus liquidity stayed high despite upcoming tax outflows

FinMin reviews Q1 performance of PSBs, urges higher lending to economy

During the meeting, the secretary urged the MDs and CEOs of state-owned banks to increase lending towards the productive sector of the economy, according to sources

Bank asset quality: Slippages rise 26% in Q1 on stress in unsecured loans

The incidence of default was higher among private lenders compared to their public sector counterparts, according to CareEdge Rating data

Low savings account interest rates fuel a rush to liquid mutual funds

Net new account openings swell to 220,000 in 2025

US tariff impact: MSME NPA classification period likely to be doubled

"The proposal to extend the loan default period for MSMEs from 90 days to 180 days is likely to be taken up by the Cabinet soon," the official said

Centre asks banks to extend long-term loans for electric mobility

The government is set to have a laser sharp focus on e-trucks in India's EV transition journey, which - according to Niti Aayog's findings in a recent report - have virtually not taken off

SBI to Canara Bank: Some PSBs raise home loan rates to shield margins

Senior State Bank of India executive said the slight tweak (hike) in rates for home loans was on account of reduction in business discount. Risk premium remains the same

FinMin to meet CEOs of PSBs on August 20 to review Q1 performance

The review meeting on August 20 with public sector banks to assess the performance of the first quarter of 2025-26, according to sources

The Karnataka Bank saga: A clash of egos and cultures in old private banks

Karnataka Bank was founded by a group of agriculturists, lawyers and businessmen, led by BR Vysaray Achar, to promote economic development in the South Canara region. It has no identified promoter

Banks roll over ₹1.82 trn at RBI's 8-day VRRR auction to absorb liquidity

RBI accepts Rs 1.82 trillion at 8-day VRRR auction as banks roll over maturing funds from earlier operations amid surplus system liquidity

SBI to raise ₹15,000 cr via Tier II bonds to replace maturing debt

A senior SBI executive said the bank has approval from the board of directors to raise up to Rs 20,000 crore through debt capital in Fy26.

Indian Bank sanctions ₹1,400 cr loans to MSME units at outreach camp

Sanction letters were given to 200 MSME and retail customers during the camp held recently, as per a statement