Page 11 - Banking

Banks' retail book quality needs to be monitored

All the same, the asset quality trajectory and collection efficiency bear watching

RBI finalises norms for banks to hold capital for operational risks

Apex bank will communicate date of implementation separately

Want to be mid-sized bank with pan-India presence by 2030: CSB Bank chief

We are revamping our entire technology platform, almost there will be nothing in the bank which was there two years back, Pralay Mondal, MD & CEO of CSB Bank

RBI asks banking supervisors to get abridged with latest tech tools

The Reserve Bank has called upon banking supervisors to get abridged with the latest technological tools so that their capabilities are enhanced enough to meet the challenges of the fast-evolving financial technologies. As banks adopt new technologies, it is essential for supervisors to be equipped with the necessary knowledge, skills and resources to effectively supervise and regulate these advancements, Reserve Bank deputy governor Mukesh Jain told the 25th SEACEN-FSI conference of the directors of supervision of Asia-Pacific economies here. Jain, who is in charge of the banking supervision at the central bank, further said this is all the more necessary as in today's rapidly evolving banking landscape, supervisors cannot afford to stay behind the curve and therefore it is essential for banking supervisors to stay abreast of industry developments, enhance their supervisory techniques, and strengthen risk management practices to address emerging challenges. The best way to achieve

Stellar show by banks, but will it continue?

There are challenges ahead. It won't be easy for the banking sector to put up a better performance every quarter

Nomura India's Head of Investment Banking Utpal Oza steps down: Report

Amit Thawani, managing director and head of coverage investment banking has taken over from Oza, the sources said

From inclusive banking to inclusive insurance

As insurance penetration deepens, India will have a decent pool of long-term funds to support infrastructure building and the government's borrowing programme, easing the burden on the banking system

ESMA row: EU banks likely to turn Indian entities into subsidiaries

ESMA's decision followed the Reserve Bank of India's refusal to grant the European regulator supervisory powers over the Indian CCPs

Sebi bars Karvy Investor Services from onboarding new clients

In an ex-parte order, the Securities and Exchange Board of India (Sebi) noted that KISL did not have the necessary infrastructure like adequate office space, equipment and manpower to work as merchant

AU Bank's credit card business will break even in FY25: CEO Sanjay Agarwal

Banking will completely shift from brick-and-mortar to online in some 10 years, he says

First Republic Bank plans $100 bn asset sale to shore up balance sheet

In addition to selling assets, the bank also plans to focus on loans that can be sold on the secondary market

Banking system 'strong enough to survive' policy rate changes: FinMin study

Probability of event like Silicon Valley Bank's collapse in the US happening in India significantly less, says ministry's monthly review

The F word in Indian banking

At the moment, banks give an opportunity of hearing to wilful defaulters but not fraudsters

IBA reaching out to start-ups for funding needs, says DPIIT official

Only DPIIT-registered start-ups are eligible for funding under various support schemes of the industry department

UBS takes over Credit Suisse: Everything you need to know about the crisis

Credit Suisse crisis: Swiss government said it would provide $9 bn to help UBS meet the possible losses while taking over Credit Suisse, and Swiss National Bank will provide $100 bn of liquidity

Credit Suisse more relevant to Indian banking sector than SVB: Jefferies

Credit Suisse owns more than 200 billion rupees ($2.4 billion) of assets in India, making it the 12th largest offshore lender, according to Jefferies

SVB crisis: How the ripples of the bank's plunge reached foreign shores

Silicon Valley Bank crisis: How has the bank's failure affected other banks and their stocks worldwide? Read more to find out

SVB crisis: What is contagion risk, and is it expected to spread to India?

SVB collapse: Just a couple of days after US regulators shut the bank down on Friday, Signature Bank also shut its doors, spreading the fears of contagion

How do countries safeguard depositors' money when banks like SVB collapse?

Find out how governments and central banks ensure that the depositors' money is protected in case of fallout, like Silicon Valley Bank (SVB) here

A good night's sleep for both banks and Reserve Bank

Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the "distance to default" as a measure of a particular bank's fragility