Page 44 - Banking

Private banks see elevated slippages from unsecured loans in Q2FY25

HDFC Bank remains unaffected by the industry-wide stress

Private banks leading AI adoption in banking services, says RBI study

Says AI likely to make banking services accessible to population at bottom of the pyramid

Finmin considers proposal to raise posts of Chief General Managers in PSBs

As per existing government guidelines, there can be one Chief General Manager (CGM) for four General Managers in a public sector bank (PSB)

Kotak Mahindra Bank Q2 results: Consolidated PAT up 13% to Rs 5,044 crore

Other income or non-interest income went up to Rs 2,684.19 crore from Rs 2,314.53 crore. Fees and services for Q2FY25 increased to Rs 2,312 crore, up 14 per cent

RBI bars Navi Finserv, 3 other NBFCs from sanctioning and disbursing loans

Ban includes 2 micro lenders, comes into effect from October 21

RBI bars four non-bank lenders from issuing loans for breaching norms

The ban on Asirvad Micro Finance, Arohan Financial Services, DMI Finance and Navi Finserv is effective from the close of business on Oct. 21, the Reserve Bank of India (RBI) said

Up to 65 weak Urban Cooperative Banks to exit turnaround regime by March

PCA will replace the existing SAF from the beginning of the new financial year - Apr 2025. During FY24, 122 UCBs across the country came out of SAF. The number of UCBs stood at 1,470 at end of Mar '25

State Bank of India talent emerges high-yield asset for pvt sector banks

Regulatory comfort drives bank boards to appoint SBI officials for stability

NBFCs raise Rs 3.23 trn in H1FY25 from domestic debt capital market

Private sector NBFCs raise Rs 1.91 trillion in H1FY25

PSBs share in incremental credit dips to 51% in September: Report

PSBs' credit growth on a year-on-year (Y-o-Y) basis stood at 12.9 per cent in September, lagging behind 16.4 per cent Y-o-Y of private lenders

RBI draft proposals on aligning businesses may impact private banks

The list include HDFC Bank, Axis Bank, Kotak Mahindra Bank, and Federal Bank

Securitisation volumes likely to have touched Rs 60,000 cr in Q2: Icra

HDFC Bank, in its quarterly update, said it has securitised Rs 19,200 crore of loans in Q2FY25 as a strategic initiative to lower its elevated credit-deposit ratio

Banks' group entities cannot be used to circumvent guidelines: RBI

The central bank has made the suggestion in a draft circular on 'forms of business and prudential regulations for investments' released on Friday

Banks record a higher deposit growth rate in Q2 FY25 than Q1 FY25

Four out of five banks have recorded growth at least 2-3 per cent higher than the pace seen in the quarter ended June 2024

HDFC Bank says sequential rise in deposits outpaced loan growth in Q2

Deposits rose 5.1 per cent from the previous quarter to Rs 25 trillion, after no sequential change in April-June

RBI's Mibor committee backs benchmark based on secured money market

The Committee noted that banks in India are increasingly linking their personal, retail, and MSME loans to the policy repo rate, with a growing share of advances tied to this rate

RBI dy guv Swaminathan calls for responsible lending at small finance banks

The RBI has been encouraging banks to strengthen governance standards to prevent financial instability and systemic risks

NBFCs turning to alternative funding sources amid slower bank loans

This shift has been spurred by changes in banking regulations, making it more difficult for NBFCs, especially those with lower credit ratings, to secure bank funding

State-owned banks on apprenticeship spree to strengthen customer services

Banks are hiring apprentices for the first time amid gradual decline in number of employees

Fintech loan disbursements decline in volume and value in Q1FY25: Report

The signs of a slowdown in disbursements come nearly one year after the Reserve Bank of India (RBI) hiked risk weights on unsecured loans