Page 94 - Banks

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

Refinancing firm to raise Rs 1,000 cr via bonds

Decline in weak companies good for banks, says FM

The RBI report shows that the risks to the banking system have "worsened significantly," as companies may not be paying back loans fast enough

Banks told to report investments in CPs

The reporting requirement of commercial papers and unhedged forex (foreign exchange) exposures of borrowers were yet to be implemented

Rich Banker, Poor banker

Here is a list the remuneration of bosses of top Indian banks

Need to get banks in best of health,keep up growth momentum: FM

Jaitley will have a meeting with CEOs of public sector banks tomorrow to discuss various key challenges facing the banking sector

Banks may demand more capital

Against the current infusion plans of Rs 25,000 crore, banks may seek more after they reported Rs 20,000 crore losses in FY16

In the balance

Sops for overworked bankers miss real problem

Bank employees to go on strike on July 29

Move is to protest implementation of banking reforms; asks Centre & RBI to take criminal action against willful defaulters

Poor asset quality of PSBs a risk to sovereign rating: Moody's

The rating agency is of the view that it will take a strong economic growth for the overall debt burden to fall

Banks develop an appetite for start-ups

Lenders taking up incubator-style roles with small investments in start-ups

Banks to share all transaction details in standard format

As revenue intelligence and central security agencies looking into money laundering and financial fraud cases.

Bank recoveries fail to maintain pace with huge write-offs: Report

Constitute nearly 1/3rd of total write-offs in some cases; SBI's recovery stood at Rs 11,566 crore against a write off of Rs 41,641 crore in ten years, The Indian Express reports

Banks delay action against nearly 100 corrupt officers

As per norms, matter of granting sanction for prosecution has to be decided within four months

Banks can reduce cost by 50% per transaction, says Report

It pointed out smart devices will grow in importance, take their place alongside cards (debit/ credit/ATM) as primary medium for consumer payment

Bank Unions demand Parliamentary probe into Mallya's episode

Plan to go on dharna as well as a strike in May

Banks on 4-day holiday from Thursday

IDBI Bank may be closed for an extra day if strike call by some officers, employees on March 28 (Monday) materialises

PEs hand-hold transition of MFIs to small finance banks

Take on bigger role - from strategy to IT systems