Page 3 - Bankers

Good run for banks, but for how long?

Barring few, most banks have shown a drop in the low-cost CASA. Ditto their net interest margin. The credit quality is holding up, but some banks have reported fresh slippages

The path ahead for the rupee

The hottest conversation topic on every bank's treasury floor is internationalisation of the rupee

Home loans: To top up or not to top up?

The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar. Rightly so

Indiabulls Housing Finance accepts bids for dollar bonds, say bankers

Barclays, CLSA, Deutsche Bank, Elara Capital, Emirates NBD Capital, Nuvama and UBS are the joint book runners for the issue

Pages from the diary of a woman PSU banker

Last Friday, the banker offered me the pages from her 2023 diary, taking time out from Women's Day celebrations with her friends

Julius Baer Group fills several key roles amid India wealth surge

Abhishek Chandra, formerly a senior executive vice president at Kotak Mahindra Bank, has joined as chief operating officer of the Swiss firm's Indian unit, the bank said in a statement Monday

Fintech, age and central banking

Innovations in the fintech sector will continue, but will the innovators in their 40s have the freedom to ignore the regulations set by the central bankers in their 60s?

How long will the bull run continue for PSU banks?

In the past one year, the S&P BSE Bankex has been up 17.63 per cent and the Bank Nifty 17.04 per cent. But the Nifty PSU Bank index has risen close to 95 per cent!

Go First gets 2 financial bids as part of its bankruptcy process: Bankers

The airline has also received a financial bid from Sharjah-based Sky One Airways which is lower than the competing bid, one of the bankers said, without disclosing the amount

PE majors Blackstone, ChrysCapital join race to buy Healthium Medtech

The company is generating good response from the potential bidders as it is focusing primarily on products in surgical and post surgical as well as chronic care

HDFC Bank appoints BoA, Barclays for likely dollar bond issue, say bankers

HDFC Bank's Regulation-S notes will be rated Baa3 by Moody's and BBB- by S&P

Banking on the Budget

With India's inclusion in global bond index, big fat annual market borrowing programme may not be a headache for government anymore. Let's hope that encourages it to get back on path of banking reform

Shriram Finance to issue over 3 yr dollar denominated bonds: Bankers

The funds will be used to support social projects and other activities allowed under the Reserve Bank of India's external commercial borrowing guidelines, a term sheet showed

The good and not so good of Indian banking story

The drop in provisions is a healthy sign - 21 of 32 listed banks have less than 1% net NPAs. But their CASA and NIM are under pressure

RBI receives bids 2.7 times against notified amount at 7-day VRR auction

The central bank conducted a VRR auction after six months

FinMin to empanel bankers, law firms for OFS disinvestment, dribbling

The Finance Ministry has invited bids for the empanelment of merchant bankers and legal advisors for assisting the government in CPSE disinvestment transactions undertaken through OFS and stock market dribbling. The bids have been invited in four categories -- A++, A+, A and B, based on the size of the transaction. To be eligible for empanelment in the A++ category, which is an OFS transaction size of more than Rs 2,000 crore, interested merchant bankers would be required to have completed at least one equity market transaction of the size of Rs 2,000 crore. For empanelment for managing OFS transaction size of Rs 750 crore to Rs 2,000 crore (A+), and less than Rs 750 crore (A), the interested merchant banker would be required to have managed at least one capital market transaction of Rs 750 crore and Rs 500 crore respectively between April 2020 and till now. In the fourth category, which is B, interested merchant bankers would be involved in the sale of CPSE shares on the stock ...

FinMin calls meeting of bankers to deal with digital payment fraud

The Finance Ministry has called a meeting of senior bankers and RBI representatives on Tuesday to discuss steps to deal with increasing digital payment fraud and cyber security issue. The meeting to be chaired by Financial Services Secretary will discuss issues related to financial cyber security and increasing digital payment fraud, sources said. During the meeting Indian Cyber Crime Co-ordination Centre will make a presentation on the latest statistics of digital payment frauds as reported in National Cyber Crime Reporting Portal (NCRP), including challenges and issues faced in countering such issues. The meeting is expected to be attended by senior official of Department of Economic Affairs, Department of Revenue, Department of Telecom, Ministry of Electronics and Information Technology (MeitY), Telecom Regulatory Authority of India and National Payments Corporation of India. The meeting assumes significance in view of digital fraud witnessed by UCO Bank and Bank of Baroda in th

Jio Financial Services in talks with merchant bankers for maiden bond issue

The company may look to raise Rs 5,000 crore ($600.6 million) to Rs 10,000 crore through the issue and may tap the market in the last quarter of this financial year, the bankers added.

Bankers await closure of Reliance Cap acquisition by Hinduja Group

The group may look at raising by pledging shares of other group entities

17% households invest in stocks, i-bankers should get good cos to mkts: NSE

National Stock Exchange's managing director and chief executive officer Ashish Chauhan on Monday said 17 per cent of Indian households are invested in stocks, and urged investment bankers to get quality companies to the market. Speaking at an event organised by the Association of Investment Bankers of India here, Chauhan said people who are seemingly poor are investing in entrepreneurs because of the trust factor and the number of investors are growing. There are 8 crore unique investors from 5 crore households who are invested, which means 17 per cent of the overall households of the country are directly invested in the stock markets, Chauhan said, adding that initial public offerings (IPOs) by companies are the preferred route for entering the markets. "So let us pray and of course work hard to ensure that only good companies come to the markets," Chauhan said in his address to the investment bankers. He said if the country's largest bourse NSE was a country, it would be 20th ...