Page 22 - Indian Banking Sector

BS Banking Annual: Total assets to interest income, here're the key numbers

A snapshot of the key data on Indian banking

BS CEO Round Table: Six bank chiefs discuss paradigm shift in banking space

Leading names of India's banking industry join Tamal Bandyopadhyay at Business Standard's Unlock BFSI 2.0 to discuss the issues plaguing the sector

Fair winds ahead for private banks as risks of NPLs recede in a slowdown

YES Bank faces greater asset risks than its peers, although its capitalisation, liquidity and funding have improved

Government may compensate banks for loss of MDR, says IT secretary

The move is part of the Budget proposal, where the government has earmarked Rs 1,500 crore for the promotion of digital payments this fiscal

State Bank of India shares continue to gain on improved asset quality

Shares of State Bank of India continued to rally on Friday, jumping over 11 per cent

RBI appoints external firm to audit HDFC Bank's IT infrastructure

In December last year, irked at the repeated service outages, the RBI asked the lender to temporarily halt all its digital launches as well as new sourcing of credit card customers

Bad loans fall to Rs 8.08 trn in Sep 2020 from Rs 10.36 trn in Mar 2018

Minister of State for Finance Anurag Thakur informed the Rajya Sabha on Tuesday

Canara Bank Q3 net down 9% to Rs 696 cr due to higher provisioning

Gross NPAs drop 236 bps to 7.46%, net NPAs down 298 bps to 2.64%

Federal Bank's Shyam Srinivasan is Business Standard Banker of the Year

Five-member jury chooses him for consistency of performance

Best of BS Opinion: Start-up's flights of fancy, powering mobility & more

Here's a selection of Business Standard opinion pieces for the day

A poor idea

Bad bank will only kick the can down the road

Yes Bank board of directors to meet on Friday to consider fund raising plan

The board will consider a proposal for further fundraising through various means

The new playbook: RBI steps in to stem the nexus between banks and fintechs

With the RBI red-flagging mushrooming of digital apps, the tango between banks and fintechs may be in for a big change, report Hamsini Karthik and Raghu Mohan

Expect banking revival in 2021

The potential turnaround in banking means the government does not need to act in haste, only to repent at leisure

Old problem, older solution

State-controlled DFIs will have the same problems as PSBs

Bank Investment Company may be approved in upcoming Budget, finally

A key question is how the BIC is to be funded. To start with, it may have to be a wholly-owned government entity

Not recap alone

Budget could be a good starting point for deeper banking reforms

RBI's red flag

Recognition of NPAs in PSBs must be swift

RBI raises concerns over zero-coupon bond for PSB recapitalisation

The Reserve Bank of India (RBI) has expressed some concerns over zero-coupon bonds for the recapitalisation of public sector banks (PSBs) and discussion is on between the central bank and Finance Ministry to find a solution, according to sources. The government resorted to recapitalisation bonds with a coupon rate for capital infusion into PSBs during 2017-18 and interest payment to banks for holding such bonds started from the next financial year. To save interest burden and ease the fiscal pressure, the government has decided to issue zero-coupon bonds for meeting the capital needs of the banks. The first test case of the new mechanism was a capital infusion of Rs 5,500 crore into Punjab & Sind Bank by issuing zero-coupon bonds of six different maturities last year. These special securities with tenure of 10-15 years are non-interest bearing and valued at par. However, the RBI has raised some issues with regard to calculation of an effective capital infusion made in any bank ...

RBL Bank: Worst may be over, but near-term asset quality pressures seen

Renewed focus on MFI loans and credit cards should put the bank on growth trajectory after six quarters