Page 86 - Banks

IBA withdrawal of communique on loans of up to Rs 200 cr stumps banks

IBA withdraws note on FinMin letter which had PMO inputs

Bandhan Bank to gradually lower its microcredit exposure: CEO Ghosh

When the private lender started operations in August 2016, microcredit constituted 85 per cent of its total loan portfolio

Banks at risk of losing billions of dollars in fee-based revenues: Study

The report also said banks' revenues may shrink because regulators are starting to mandate simpler fee structures to protect consumers

FM Nirmala Sitharaman to review bank merger preparedness on Thursday

Banks likely to set up common call centres and monitoring cells

Need emergency money? Don't break fixed deposit, borrow against it

Loan rate is 100-200 basis points higher than the FD rate

YES Bank stock crash and financial mess: How the crisis unfolded in 2 years

Companies that failed to repay their loans to YES Bank include Dewan Housing Finance, Essel group, CG Power, the Anil Ambani group companies, and Videocon

Letter to BS: Bankers are reluctant to lend over NPA, profitability concern

The reluctance of bankers to be over-enthusiastic in granting loans should be seen through the prism of the changed banking scenario

Unions defer 3-day strike as banks raise pay hike offer to 15% from 12.5%

Banking unions had given a call for a three-day strike from March 11

FM assures bankers they will not be hauled for genuine commercial decisions

Sitharaman also urged bankers to give emphasis on branch based banking and improve customer ease

Banks will have to pay a price if any telco files for bankruptcy: SBI chief

Rajnish Kumar said that SBI will not pass on the burden of the hike in premium of deposit insurance to its customers

AGR verdict: SBI, IndusInd Bank slip up to 4% as banks stare at NPA pile-up

In general, the exposure of banks to the entire telecom sector ranges between 10% and 30% of their total equity with Yes Bank having the highest exposure of 29% amongst private banks

Banks, firms work on strategy for transition from LIBOR to new benchmark

Will be simple for loans, tricky for derivatives, say experts

RBI 'reminds' banks on need to make additional provisioning for telco loans

Follow spirit of April 2017 communique with reference to sector

Further consolidation or merger of banks will depend on need: Anurag Thakur

'We have successfully done the mergers and recapitalisation of the banks', said Thakur

How RBI has empowered card customers with an additional layer of security

The option to switch on and off international or online usage gives an additional layer of security

Financial inclusion in 'Maoist zone' a daunting task for bank authorities

Chhattisgarh has asked bankers to streamline financial inclusion in restive region

The co-lending model of NBFCs & banks may reshape credit delivery. Will it?

A problem which is now being worked upon is to how to marry the low cost of funds from banks with the lower cost of operations of NBFCs and pass this on to borrowers through a blended rate

Investment lessons of 2019: Focus on reducing risk, choose your bank wisely

2019 taught us that investments need to be diversified, and investors need to trust their money with well-regulated entities only

Banks set for biggest job cull since 2015; Morgan Stanley lets go 1,500

This year, more than 50 lenders have announced plans to cut a combined 77,780 jobs, the most since 91,448 in 2015

Bank frauds rise to Rs 1.13 trn in H1 FY20 due to detection delay: RBI

This involved 4,412 fraud cases of Rs 1 lakh and above, as per the report