Page 85 - Banks

Still in the tunnel: Most global banks yet to regain pre-crisis health

Are mergers and acquisitions around the corner?

Listed commercial banks report Rs 6,675-crore net profit in Sep quarter

Review covers 37 SCBs (18 public sector banks and 19 private sector banks) and the figures are as on November 14

AGR impact: Banks nervous as losses mount for Vodafone Idea, Airtel

Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity

Banks turning their back on India Inc, focusing on lucrative retail lending

Slowing economy and higher tier-I capital requirement shifting focus to retail lending

Lenders may miss RBI's six-month deadline to approve debt-resolution plans

Resolution plans were to be implemented within 180 days from the end of the one-month review period

Biggest drop in power demand makes Indian banks' bad debt headache worse

Banks had about Rs 1.8 trillion ($25 billion) of stressed loans to India's coal-fired power generators as of last year

Urban cooperative banks' business size may be capped at Rs 20,000 cr

R Gandhi and Y H Malegam report to be the bedrock of new guidelines

Banks baulk at Rs 4,000-cr loan to Patanjali for Ruchi Soya acquisition

Say there's no corporate guarantee offered by parent firm for the loan

Most investors seem to have kept faith in the stock market in Samvat 2075

But banks and NBFCs continue to remain a cause for concern

World's most expensive bank cuts drinking water cost to trim expenses

Such stringent cost control is just an example of how the lender has managed to pare expenses and boost efficiency, wooing investors along the way

AGR verdict: Banks fear additional stress from telecom service providers

Intense competition among telcos had already impacted financial profile of firms and court judgment would now only add pressure to burden of paying interest and principal: Senior executive with SBI

Letter to BS: Banks should publish newsletters about financial performance

The Reserve Bank of India (RBI) as the central bank should tighten banking regulations for the staff and any deviation should be reported to the regulatory committee at the earlies

IBA rejects bankers' demand for five-day work week, sticks to 12% wage hike

The unions have been demanding a five-day work week since a long time

As safe as the banks?

India cannot aspire to be a double-digit growth economy with a dysfunctional financial system

Banks may face capital crunch of $50 billion if NBFC crisis drags: Fitch

The agency said it also pictured a scenario where 30 per cent of banks' property exposure becomes non-performing, due to tight liquidity and weak sales

RBI's subsidiary DICGC to revamp 50-year-old deposit insurance scheme

Deposit insurance was last revised on May 1, 1993, after the collapse of the Bank of Karad

Slowing credit growth puts economic revival hopes on shaky ground

Lending growth by banks had nearly halved to 8.8 per cent at the end-September from the start of the year

Letter to BS: There is a dire need to safeguard bank depositors

Banks may pass on the cost of insurance to depositors indirectly

FM to meet PSB CEOs today, may review fund flow to stressed NBFCs, MSMEs

Finance Minister Nirmala Sitharaman will hold a review meeting with CEOs of public sector banks (PSBs) on Monday to discuss various issues, including progress on credit offtake, as part of efforts to prop up the economy. The meeting is expected to review fund flow to stressed NBFC and MSME (micro, small and medium enterprises) sectors, sources said. Banks are expected to present report card on partial credit guarantee scheme and fund raising from market to enhance their capital base. The Centre in August issued guidelines on operationalising Rs 1 lakh crore partial guarantee scheme under which PSBs can purchase high-rated pooled assets of financially sound non-banking finance companies (NBFCs). NBFCs, including housing finance companies (HFCs), came under stress following a series of defaults by the group companies of IL&FS in September last year. Besides, the meeting will also assess the progress of first phase of outreach programme held across 226 districts across the ...

RBI turns down Maha Bank's request to set-off losses on share premium

The bank would look for higher equity infusion from the central government, its promoter, and also look at tapping tier-II bonds to enhance capital adequacy