Page 25 - Banking
Best of BS Opinion: The real oximeter, why poor are leaning right & more
Here are the best of Business Standard's opinion pieces for Monday
 "Best of BS Opinion: The real oximeter, why poor are leaning right & more")
Credit losses set to decline for most Asia Pacific banks, says S&P
Credit losses are set to fall across most Asia Pacific banking systems over the next two years, S & P Global Ratings said on Tuesday.This is partly because targeted assistance to stretched borrowers will likely continue in many places until pandemic-related challenges substantially abate."Asia Pacific banks should safely avoid a 'cliff effect' even as extensive relief measures are progressively removed," said S & P Global Ratings credit analyst Sharad Jain.Moratoriums on loan repayments -- together with fiscal, monetary and policy support -- have helped cushion the blow to borrowers in Asia Pacific from the Covid-19 outbreak and containment measures.Repayment moratoriums have fallen to less than 5 per cent of system loans for a number of Asia Pacific countries compared with between 6 and 80 per cent at the height of pandemic.S & P forecast credit losses for the 12 larger banking systems in Asia-Pacific: Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New ...
 "Credit losses set to decline for most Asia Pacific banks, says S&P")
New credit culture
A big step by SC in allowing banks to chase personal guarantors
 "New credit culture")
Bulls gain strength: Sensex reclaims 50,000, Nifty ends above 15,000
Fall in Covid-19 cases, prospect of economy normalising in near term lift indices for a second day
 "Bulls gain strength: Sensex reclaims 50,000, Nifty ends above 15,000")
Bank of Baroda mulls hiring digital marketing agencies to strengthen brand
Bank of Baroda is looking to hire three digital marketing agencies to strengthen its brand, aiming to be a preferred choice of customers with innovative banking models
 "Bank of Baroda mulls hiring digital marketing agencies to strengthen brand")
How to reconstruct asset reconstruction companies
Banks feel happy shifting their toxic assets from loan books to investment books, while the ARCs are enjoying the management fees with a smile. Let's break the cosy relationship
Not getting personal loan to manage an emergency? Offer collateral
Starting a fixed deposit may make a bank more willing to offer you a credit card
 "Not getting personal loan to manage an emergency? Offer collateral")
Govt likely to drop plan to decriminalise cheque bounce offences
It would seek directions from a Supreme Court panel formed to expedite the pendency of cheque bounce cases before taking a final call
 "Govt likely to drop plan to decriminalise cheque bounce offences")
Covid 2nd wave severity will determine pace of growth: FT's Radhakrishnan
Faster-than-expected recovery in the US economy and the resultant tapering of stimulus by the US Federal Reserve could potentially affect risk sentiment and impact flows to emerging markets like India
 "Covid 2nd wave severity will determine pace of growth: FT's Radhakrishnan")
De-risking the risk business webinar series | New Indian banking landscape, post-pandemic
De-risking the risk business webinar series | New Indian banking landscape, post-pandemic
 "De-risking the risk business webinar series | New Indian banking landscape, post-pandemic")
Paytm Payments Bank becomes the largest beneficiary on UPI platform
With 469.84 mn transactions in March it is ahead of the country's largest lender SBI and private lenders such as Yes Bank, ICICI Bank, Axis Bank and HDFC Bank
 "Paytm Payments Bank becomes the largest beneficiary on UPI platform")
Best of BS Opinion: Beyond the Jal Shakti Abhiyan, vaccine supply, and more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Beyond the Jal Shakti Abhiyan, vaccine supply, and more")
Citigroup plans to apply for stock, futures trading in China: Report
Khullar said India is a strategic talent pool for Citi and it will continue to grow the five 'Citi Solution Centers'
 "Citigroup plans to apply for stock, futures trading in China: Report")
Citigroup's retreat highlights global banks' struggle in China, India
Increased rivalry from domestic lenders, especially in consumer financing, and competition for top talent contribute to challenges.
 "Citigroup's retreat highlights global banks' struggle in China, India")
Future-ready banking
Book review of Transformational Leadership in Banking: Challenges of Governance, Leadership and HR in a Digital and Disruptive World
 "Future-ready banking")
South Indian Bank's Q4 deposits dip to Rs 82,710 cr from from Rs 83,034 cr
South Indian Bank's total deposits dipped marginally to Rs 82,710 crore in the January to March quarter from Rs 83,034 crore in the year-ago period
 "South Indian Bank's Q4 deposits dip to Rs 82,710 cr from from Rs 83,034 cr")
Private lender Yes Bank targets startup sector, ties-up with GVFL
To broaden its services for the start-up sector, the lender Yes Bank has tied-up with GVFL Limited.
 "Private lender Yes Bank targets startup sector, ties-up with GVFL")
Capital infusion into PSBs: Preparatory work for privatisation starts
Buoyant market may gradually reduce PSBs' dependence on government for funds
 "Capital infusion into PSBs: Preparatory work for privatisation starts")
Digitising India with high investments in automation
In adoption of emerging technologies, banking and financial services have already set the pace of transformation
 "Digitising India with high investments in automation")
Leading private banks to cancel auto-debit payments from April 1
RBI to fine Rs 5 lakh per instance of lapse. Given that millions of bank customers use the auto-debit facility, banks were staring at hundreds of crores in fines
 "Leading private banks to cancel auto-debit payments from April 1")