Investors, however, booked profit at most banking counters with shares of SBI, Axis Bank, HDFC Bank, YES Bank, Punjab National Bank, Bank of Baroda, and The Federal Bank down up 2.7 per cent.
Bangkok lenders have to seek out youth - from Indonesia to India and Bangladesh
"NBFCs and banks are stuck in a negative feedback loop"
The only conversion to date of an urban co-operative bank into a commercial bank is DCB Bank in 1996, which was however not a forced one
Irdai chairman says considering proposal to change rules for lenders
Banks are supporting finance companies also by buying the high retail loan pools and SME
Bankers said such rules for accelerated payments are in place to protect the interest of lenders
The Indian Banks Association has been trying to link pay with performance for the last so many years
Bank-specific wage negotiation for each of PSB may undermine the interest of employees rather than promote the same
Banks Told To Follow Y2k Checklist
Are mergers and acquisitions around the corner?
Review covers 37 SCBs (18 public sector banks and 19 private sector banks) and the figures are as on November 14
Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity
Slowing economy and higher tier-I capital requirement shifting focus to retail lending
Resolution plans were to be implemented within 180 days from the end of the one-month review period
Banks had about Rs 1.8 trillion ($25 billion) of stressed loans to India's coal-fired power generators as of last year
R Gandhi and Y H Malegam report to be the bedrock of new guidelines
Say there's no corporate guarantee offered by parent firm for the loan
But banks and NBFCs continue to remain a cause for concern
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