Page 90 - Banks

Banks loosen purse strings for corporate sector; lending picks up in FY19

In FY17, credit to the industry witnessed de-growth of 1.9%, and on that base, credit grew 0.8% in FY18

TTD fixed deposits in several banks crosses Rs 12,000 crore mark

The temple official said the over 2000-year-old Lord Venkateswara temple was growing richer by the year with an annual income of about Rs 31 billion

Debt carrying same risk as equity

The risk is especially high in long-term debt instruments

Banks to lead earnings growth in Q4; Nifty50 firms' profit may grow by 23%

Earnings of Nifty50 firms may grow by 23.6% in March quarter despite 10-quarter low revenue growth

Tattooed models, fashion shows: This bank is doing all to woo young talent

Banks today are not really banks like they were years ago,' Danske Bank's head of real estate

Govt will continue with policy to merge PSBs, says Arun Jaitley

PNB tops list of best-performing government banks

Off the PCA hook, banks bet on loans to small biz and agriculture sector

The Reserve Bank of India (RBI) has taken out six of the 12 banks from PCA

Finance Ministry hopes 3-4 banks to come out of PCA framework this year

Dena Bank, which is among eight entities under PCA, will cease to exist from April 1, 2019.

Project delays to defaults, bankers flag issues on realty sector exposures

Public sector bankers dealing in housing finance said the sector is in transition, showing the effects of RERA

GMS 2.0: Banks' participation key to success

The scheme's inability to convince big players like temples has to be sorted on a war footing

Banks manage reward points costs with hike in slabs, explicit cuts

However, banks are managing these costs closely through a hike in slabs and some explicit cuts.

How banks unwittingly finance mass shootings

A New York Times examination of mass shootings since the Virginia Tech attack in 2007 reveals how credit cards have become a crucial part of the planning of these massacres

Banks to be closed for 5 days due to holidays, strikes in December

The banks will remain closed on December 22 and 23 on account of fourth Saturday and Sunday respectively. December 25 will be national holiday for Christmas

No more free services? Why you should brace for additional bank charges

The current issue is about service tax, but it has even more serious implications under the GST regime

Unless banks lend, how will they come out of PCA?: Financial Services Secy

The NPAs peaked at 11.6%(by the end of March 2018) and have reduced by Rs 360 bn in the first two quarters of this financial year

Leading banks squeeze money flow to car dealers after inventory pile-up

Banks, which are aware of the retail car sales trend, are also apprising manufacturers of the critical situation and asking them not to push more stocks to dealerships

Banks have dominated in top management changes this year: Report

There have been as many as 18 top management changes in listed public sector banks, and another nine in the private banking space

IDBI Bank and 10 other banks under PCA near asset quality stability

The net interest income has shrunk sequentially since their loan book is growing at a slow pace or contracting in some cases

Banks face various risks from trade tensions, market turmoil: IIF Panel

The saddest thing about the Bali meetings is that "Italy is seen as one of the greatest risks in the world," tweeted Davide Serra, the founder of Algebris Investments

Uneven liquidity profile of large and small banks showed in September

With the quarter and financial half-year ending, banking system liquidity was strained due to advance tax outflow and goods and service-related payments