Page 93 - Banks

Banks expect 5/25, SDR cases to increase as new debt resolution scheme kicks in

NPAs and provisioning requirement for banks to come down

Cashless and worried, millions spend hours outside banks for new currency

Banks still haven't got the new set of Rs 500 notes as customers were given a mix of Rs 2,000 and Rs 100 notes

Long queues outside: Banks to remain open till 9 pm for 3 days, no ATM charges till 31 Dec

Bankers have also been advised not to take additional leaves for the next one month

Banking shares extend rally; SBI, Kotak Mahindra Bank hit 52-week highs

SBI, IOB, Vijaya Bank, Uco Bank, United Bank Syndicate Bank and Allahabad Bank were up 5%-7% on the NSE.

Govt orders probe into debit card data breach

641 customers of 19 banks identified as victims so far; banks issue advisory to customers

Letters: Use with discretion

With reference to Dev Chatterjee and Abhijit Lele's report, "Banks want promoter's guarantees for new loans" (September 20), mounting pressure due to rising stressed assets is prompting lenders to ask for personal guarantee from promoters and chief executive officers of companies while offering fresh credit facilities or rescheduling existing facilities to borrowers. However, to what extent the personal guarantee is worthy is a matter that can be analysed only when lenders go for the realisation of personal assets.Obviously, all outstanding non-performing assets have not risen because of financial mismanagement or malfeasance. Therefore, while granting and delivering credit facilities, it is imperative that bankers assess and recognise a particular client's need to obtain various primary and additional securities to secure his or her debt.Asking for personal guarantee may discourage entrepreneurs from starting a new business enterprise or taking over an existing one. Under the Strategi

Banks want promoters' guarantee for new loans

Stressed assets sale stalled as bidders refused to give such guarantees

Next round of capital infusion in public sector banks post Q3 results

Government in July had announced the first round of capital infusion of Rs 22,915 crore for 13 banks

Banks should identify key areas for certification of staff: RBI committee

RBI had constituted a Committee on Capacity Building in July 2014, under the chairmanship of former executive director, G Gopalakrishna

Economy's financial parameters improved in April-June: Survey

The economic activity index stood at 51.8 compared to 64.6 in the previous quarter

GST might push up banks' operating expenses

The effective tax rate for fee-based services of banks may rise from present 15% to 18%

Private banks' grow retail advances book led by unsecured loans

Lenders say the rise of credit bureaus and easy monitoring of credit scores have helped them check delinquencies

Banks asset quality woes, capitalisation stress to continue: S&P

Banks in India and China will continue to face pressures on their asset quality, profitability over next 12-24 years, report said

Other income, retail loan growth boost private banks' profit

Concerns on asset quality has stabilised

Bandhan Bank reduces microfinance loan rate

Since its launch, the bank has mobilised close to Rs 15,000 crore deposits

Banks, FIs provide over Rs 78,000 cr for clean energy projects

Piyush Goyal said World Bank has approved a loan of Rs 4,228 crore and a grant of Rs 34.50 crore from clean technology fund for the grid connected rooftop solar programme in May 2016

Bankers unsure of success of joint review

Corporate sector continues to face headwinds

Fog of Brexit clouds outlook for central banks seeking clarity

Policymakers tied consideration of further rate increases to 'additional data on the consequences of the UK vote'

N-E states fear loss of stake after regional rural banks' merger

SBI holds a 35% stake, the Centre 50%, and the respective state governments 15% in each of the five RRBs in the North East.

HDFC, SBI Life buy 18.5% in IDFC Infra Debt Fund

Refinancing firm to raise Rs 1,000 cr via bonds