Business Standard

Banking sector

Aim to reduce CD ratio as fast as possible: HDFC Bank MD & CEO Jagdishan

Bank to Prioritise Engagement and Service Over Interest Rates for Deposits

Aim to reduce CD ratio as fast as possible: HDFC Bank MD & CEO Jagdishan
Updated On : 21 Jul 2024 | 10:56 PM IST

HDFC Bank Q1 result: Net profit up 35% at Rs 16,175 cr, NII at Rs 29,837 cr

HDFC Bank Q1 result: Sequentially, net profit of the lender is down 2%

HDFC Bank Q1 result: Net profit up 35% at Rs 16,175 cr, NII at Rs 29,837 cr
Updated On : 20 Jul 2024 | 3:25 PM IST

Kotak Mahindra Bank Q1 results: Net profit up 79% at Rs 7,448 crore

Kotak Mahindra Bank Q1 results: The bank's deposits grew by 21 per cent Y-o-Y to Rs 4.35 trillion at the end of June 2024

Kotak Mahindra Bank Q1 results: Net profit up 79% at Rs 7,448 crore
Updated On : 20 Jul 2024 | 3:11 PM IST

HDFC Bank to grow advances slower than its deposits: CEO Jagdishan

Erstwhile housing finance major HDFC Ltd. merged into HDFC Bank on July 1, 2023, creating a financial behemoth

HDFC Bank to grow advances slower than its deposits: CEO Jagdishan
Updated On : 18 Jul 2024 | 10:52 PM IST

Revival in rural spending pushing demand conditions: RBI bulletin

India's natural rate of interest now at 1.4%-1.9%, says RBI bulletin

Revival in rural spending pushing demand conditions: RBI bulletin
Updated On : 18 Jul 2024 | 5:46 PM IST

Buying a home? The best home loan rates offered by banks, finance firms

Interest rates depend on a customer's creditworthiness, loan amount, professional background and other factors

Buying a home? The best home loan rates offered by banks, finance firms
Updated On : 18 Jul 2024 | 1:44 PM IST

BOB hikes FD rates, introduces Monsoon Dhamaka with up to 7.90% interest

The BoB Monsoon Dhamaka Deposit Scheme can be opened online or through any of the bank's branches

BOB hikes FD rates, introduces Monsoon Dhamaka with up to 7.90% interest
Updated On : 18 Jul 2024 | 11:43 AM IST

State Bank of India launches spl scheme 'Amrit Vrishti' to garner deposits

SBI's Amrit Vrishti offers 7.25% on deposits for 444 days

State Bank of India launches spl scheme 'Amrit Vrishti' to garner deposits
Updated On : 16 Jul 2024 | 8:03 PM IST

Bank of Baroda, BoM launch deposit schemes to fund credit demand

SBI to follow suit with 444-day plan at 7.25%

Bank of Baroda, BoM launch deposit schemes to fund credit demand
Updated On : 16 Jul 2024 | 12:21 AM IST

Irdai may consider implementing risk-based supervision model: Keki Mistry

India's overall insurance penetration reduced to 4% in FY23 from 4.2% in FY22

Irdai may consider implementing risk-based supervision model: Keki Mistry
Updated On : 15 Jul 2024 | 6:59 PM IST

Bank credit-deposit ratio: Work to restore normalcy in system continues

RBI wants banks to explain how they plan to bring it down but has set no specific target

Bank credit-deposit ratio: Work to restore normalcy in system continues
Updated On : 14 Jul 2024 | 10:57 PM IST

Budget 2024: Govt may introduce amendments to push banking sector reforms

The government is likely to introduce amendments to Banking Regulation Act 1949 and other laws to push banking sector reforms during the upcoming Budget session. Apart from this, amendments in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 are needed for privatisation of public sector banks, sources said. These Acts led to the nationalisation of banks in two phases and provisions of these laws have to be changed for the privatisation of banks, they said. Amendments, if approved by Parliament, would help bring down government holding in state-owned banks below 51 per cent, improve bank governance and enhance investors' protection, sources said. Parliament session beginning on July 22 would witness the Budget presentation on July 23 and conclude with the passage of the Finance Bill on August 12. It is to be noted that the government had listed amendment to these laws to be tak

Budget 2024: Govt may introduce amendments to push banking sector reforms
Updated On : 12 Jul 2024 | 8:53 PM IST

Indian banks eye record infra bond issue for second straight financial year

If successful, funds raised via these bonds in the first five months of the current fiscal year started in April will surpass the Rs 544 bn raised in FY 2023-24

Indian banks eye record infra bond issue for second straight financial year
Updated On : 12 Jul 2024 | 7:35 PM IST
Updated On : 11 Jul 2024 | 10:48 PM IST

Banking sector continues to confound

It has shown remarkable resilience in the post-pandemic years despite challenges and warnings about instability

Banking sector continues to confound
Updated On : 11 Jul 2024 | 9:52 PM IST

YES Bank denies report on 51% stake sale, calls it 'factually incorrect'

The bank called the news report "factually incorrect and purely speculative" in nature

YES Bank denies report on 51% stake sale, calls it 'factually incorrect'
Updated On : 09 Jul 2024 | 12:09 PM IST

Commercial banks turn cautious on lending to smaller microfinance players

Lenders wary after recent RBI guidelines on higher risk weighting for unsecured loans

Commercial banks turn cautious on lending to smaller microfinance players
Updated On : 08 Jul 2024 | 12:51 AM IST

Swiss challenge auction: Union Bank gets sole counter bid for Jaypee Health

Bank called for a Swiss auction for 5 accounts after receiving binding bids from a list of 25 accounts for sale

Swiss challenge auction: Union Bank gets sole counter bid for Jaypee Health
Updated On : 07 Jul 2024 | 11:15 PM IST

Banks should be prepared for providing credit through UPI: Zeta CEO APAC

We believe that the UPI transaction volume, using one or another form of credit, would be $1 trillion by the end of 2030, she says

Banks should be prepared for providing credit through UPI: Zeta CEO APAC
Updated On : 07 Jul 2024 | 10:11 PM IST

Changing dynamics of Indian banking

One constant feature of banks' balance sheets over the years - in good times and bad - is the high bad loans in the agriculture sector. Can anything be done about it?

Changing dynamics of Indian banking
Updated On : 07 Jul 2024 | 4:27 PM IST