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Page 88 - Banks

Lower tax rates won't change fundamental concerns for banking stocks

Nifty Bank index has gained 14.2 per cent since Friday; experts advice investors book profit in banking stocks as tax cut doesn't address growth and asset quality concerns

Lower tax rates won't change fundamental concerns for banking stocks
Updated On : 23 Sep 2019 | 11:10 PM IST

HDFC Bank to organise 1,000 grameen loan melas in next 6 months

These grameen loan melas will be held across more than 300 districts and cover around 6,000 villages across India

HDFC Bank to organise 1,000 grameen loan melas in next 6 months
Updated On : 22 Sep 2019 | 5:32 PM IST

Bank stake sales in insurance, mutual fund subsidiaries hit a wall

Lenders await RBI norms on holdco structure; guidelines are likely to be finalised by year end

Bank stake sales in insurance, mutual fund subsidiaries hit a wall
Updated On : 20 Sep 2019 | 1:52 AM IST

Banks target weaker borrowers as credit growth slips: Why it's a risky bet

Unsecured loans can only offer banks a temporary shelter during a downturn in collateralised credit

Banks target weaker borrowers as credit growth slips: Why it's a risky bet
Updated On : 12 Sep 2019 | 7:39 AM IST

Letter to BS: Banks, PSUs must get free hand to manage their resources

The government and the RBI will have to ensure that all banks get a level playing field to manage their businesses professionally

Letter to BS: Banks, PSUs must get free hand to manage their resources
Updated On : 09 Sep 2019 | 10:19 PM IST

Letter to BS: Hope we learn from the past and see a new era in banking

Under govt schemes banks were used only for the disbursement of the loans and village-level corruption was endemic

Letter to BS: Hope we learn from the past and see a new era in banking
Updated On : 09 Sep 2019 | 10:10 PM IST

Finance ministry dept's fine on banks an afterthought: Delhi High Court

The appellate tribunal for PML held that though banks had not reported the matter to the authorities

Finance ministry dept's fine on banks an afterthought: Delhi High Court
Updated On : 09 Sep 2019 | 12:55 AM IST

Customer to IT integration, banks to follow BoB's footsteps during merger

Banks to take cue from merger of BoB, Vijaya Bank, and Dena Bank

Customer to IT integration, banks to follow BoB's footsteps during merger
Updated On : 08 Sep 2019 | 11:53 PM IST

Bravo FM, but it's only half the job done

The government can have its cake and eat it too if it allows mega banks to run independently and turn others into vehicles for social banking

Bravo FM, but it's only half the job done
Updated On : 08 Sep 2019 | 9:25 PM IST

Banks to seamlessly share data on frauds through dedicated exchange

The idea to create the exchange is the brainchild of three public sector banks - Bank of India, Bank of Baroda and Allahabad Bank

Banks to seamlessly share data on frauds through dedicated exchange
Updated On : 03 Sep 2019 | 12:08 AM IST

From return on assets to employee cost, private banks surpass PSBs

The cost per employee is the highest in large public sector banks

From return on assets to employee cost, private banks surpass PSBs
Updated On : 02 Sep 2019 | 11:14 PM IST

Latest PSB merger could create Rs 5,000 cr business in IT outsourcing

Including consultancy companies, around Rs 5,000 crore of business could be generated

Latest PSB merger could create Rs 5,000 cr business in IT outsourcing
Updated On : 02 Sep 2019 | 4:23 PM IST

Technology underlay FM Nirmala Sitharaman's bank mergers decision

Numbers of officers now more than other workers in PSBs

Technology underlay FM Nirmala Sitharaman's bank mergers decision
Updated On : 01 Sep 2019 | 11:30 PM IST

Delivering on growth a must for NextGen PSBs to attract investors

Analysts cite examples of SBI and BoB to indicate how the mergers could be value-depletive for investors in the near term

Delivering on growth a must for NextGen PSBs to attract investors
Updated On : 01 Sep 2019 | 8:12 PM IST

Demand in economy has to match credit expansion: Finance Secy Rajiv Kumar

We have budgeted Rs 70,000 crore for this year, says Finance Secretary Rajiv Kumar

Demand in economy has to match credit expansion: Finance Secy Rajiv Kumar
Updated On : 31 Aug 2019 | 11:59 PM IST

How technology integration, regional synergies drove bank merger plan

PNB will take over OBC and UBI to become the country's second-largest lender after SBI in terms of business

How technology integration, regional synergies drove bank merger plan
Updated On : 31 Aug 2019 | 11:03 PM IST

Merger will put together banks' strength: Andhra Bank's J Packirisamy

Our capital to risk (weighted) assets ratio, or CRAR, is good, says Andhra Bank MD

Merger will put together banks' strength: Andhra Bank's J Packirisamy
Updated On : 31 Aug 2019 | 12:33 AM IST

Merger will create fourth largest public sector bank: Syndicate Bank MD

There were discussions in general since a few months, said Syndicate Bank MD Mrutyunjay Mohapatra

Merger will create fourth largest public sector bank: Syndicate Bank MD
Updated On : 31 Aug 2019 | 12:24 AM IST

FM Sitharaman's bank mergers step will make resolution process easier

Often the resolution process gets stuck with many smaller players not agreeing with the majority view

FM Sitharaman's bank mergers step will make resolution process easier
Updated On : 31 Aug 2019 | 12:18 AM IST

Banks want longer repayment tenure for Kisan Credit Card loans

There were also deliberations on allowing farmers to take fresh loans even if they fail to repay exsiting ones, as long as they service the interest

Banks want longer repayment tenure for Kisan Credit Card loans
Updated On : 23 Aug 2019 | 2:49 PM IST