Page 31 - Indian Banking Sector

Coronavirus crisis to hit Indian, Chinese, Indonesian banks hard, says S&P

The credit cost, amounts set aside for bad and stressed loans, for the Indian banking system will rise to 2.8 per cent in 2020-21, from the previous estimate of 1.5 per cent, S&P said in a statement.

Coronavirus impact: Rating agencies see more pain for banks and NBFCs

'Spike in NPAs will be reflected over the next few quarters'

Bank mergers: Allahabad Bank branches are now Indian Bank branches

Effective April 1, Allahabad Bank will merge with Indian Bank, creating an entity with over 6,000 branches, 4,800 ATMs, 43,000 employees, 120 million customers and business mix of Rs 8 trillion

Government needs to recapitalise banks

Three-four months from now, the supply issue will go away depending on how this process goes on, and demand constraint will come back

Three-month moratorium on term loans may limit NPAs but hurt financials

While banks may not face pressure on asset quality, their income statements may be hit.

Delay in regulatory leeway likely to prove costly affair for banks

With loan growth and asset quality likely to take a hit, FY21 earnings estimates are coming under the knife

Lest we forget

Sub-optimal responses against viral pandemics and crony lending would keep resurfacing if voters do not hold govts accountable

Coronavirus impact: Fitch cuts banks' score of operating environment

Increasing challenges from the pandemic are expected to worsen an already difficult operating environment, Fitch said

Coronavirus: Pressure mounts on govt to defer PSB merger amid lockdown

Banks working towards merging balance sheets before April 1

YES Banks needs up to Rs 13,000 crore in equity in 1-2 years: ICRA

Reconstituted Board meets on March 26

Writing down bonds

Fund managers should not have ignored AT-1 bond risks

Letter to BS: RBI should review its licensing guidelines for banks

Directors should be chosen like the way regulators approve the choice of CEOs and statutory auditors under the joint purview of the Sebi and the RBI

Question marks remain over YES Bank rescue

The revised rescue plan for YES Bank looks better but it remains to be seen if it will be adequate to repair the damage done to confidence in the bank

Tipping point: Should you exit banking funds when the sector is down?

Even though market sentiment has turned against the banking sector currently, its long-term prospects remain strong

YES Bank resumes inward NEFT, IMPS services; customers can now pay dues

YES Bank administrator Prashant Kumar said that the moratorium imposed by the Reserve Bank of India could be lifted before the end of this week

YES Bank crisis: Paying loan? Shift ECS mandate to a nationalised bank

If you are paying a personal/home loan or doing SIPs, shift ECS mandate to another bank. It just might make sense to have one account with a nationalised bank

Letter to BS: Intriguing how despite checks YES Bank could lend recklessly

The epicentre of revival will be the effectiveness of the action plan of the new management to recover loans

Best of BS Opinion: YES Bank fallout, Data Protection Bill, and more

Business Standard Opinion pieces for the day talk YES Bank's fallout, Data Protection Bill among other issues.

Statsguru: How PSBs deal with integration in a challenging biz environment

The RBI in December 2019 noted that private sector banks accounted for 69 per cent of incremental loans in 2018-19

It's the incentives, stupid

The most important post-mortem required after the YES Bank crisis is about flawed incentives of bankers and officials