Page 32 - Indian Banking Sector

Banks slippages to continue due to stress from various sectors: ICRA

The private banks, due to their higher credit cost in FY20, will see muted RoE at 9-10 per cent

Lower tax rates won't change fundamental concerns for banking stocks

Nifty Bank index has gained 14.2 per cent since Friday; experts advice investors book profit in banking stocks as tax cut doesn't address growth and asset quality concerns

HDFC Bank to organise 1,000 grameen loan melas in next 6 months

These grameen loan melas will be held across more than 300 districts and cover around 6,000 villages across India

Bank stake sales in insurance, mutual fund subsidiaries hit a wall

Lenders await RBI norms on holdco structure; guidelines are likely to be finalised by year end

Letter to BS: Stakeholders must work to bring banks under RBI's regulation

Time has come for putting PSBs under absolute and unequivocal regulation of the RBI without the government having a say in the matter

Secondary loan mkt may completely change India's banking landscape: Experts

In India, there is a well established secondary market for stressed loans

Economic slowdown, low GDP growth likely to hurt banks' earnings: Analysts

After the balance sheet clean-up in March 2018 and June 2019 quarters, banking sector, mainly corporate lenders, were expected to see sharp improvement in asset quality and credit cost and earnings

Govt's mega bank overhaul may hurt NPA clean-up, fight against growth slump

Any more debt repayment delays or defaults risk reversing an expected recovery in India's gross bad loan ratio and worsen a widening shadow bank crisis

PNB to hold meeting on Sept 5 to consider merger with OBC, United Bank

The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders

After corporate debt, retail loans face stress amid unemployment, slowdown

The govt has unveiled steps ranging from concessions on vehicle purchases to hastening of capital infusion in state-run banks to help re-ignite an economy that's slowed sharply due to weak consumption

Indian banks' recovery will see delay on NBFC, corporate stress: S&P

The growth and profitability of finance companies (fincos) are also likely to remain under pressure, S&P said

Fincare SFB bets on micro finance, gold loans, eyes 700 branches by March

Bank chief sees rising price of precious metal helping gold loan segment, but is cautious about volatility and possible softening of prices in near future

Why this may be time to thoroughly redesign Indian banking system

Lately, India's banking system has been beset by a bad debt crisis, which is crimping credit to productive sectors, dampening domestic investment and leading to subdued employment and GDP growth

RBI to issue new guidelines on salaries of private, foreign bank executives

The new circular also provides for 75% consent by value for a resolution plan to be passed

UBI mulls special loan offers for start-ups, brainstorms on $5-trn GDP goal

The PSB has organised a meeting of all branch heads wherein collective consultative and ideation process was undertaken to align banking with national priorities

No light at the end of the tunnel?

It's not all gloom and doom in Indian banking

50 years of nationalisation

Status quo on banks will increase the burden on the exchequer

No, private sector banks were not blameless; nationalisation was inevitable

Bank nationalisation was not driven by leftist ideology but by a sense of drift in the country and by banks dragging their feet on serving rural areas

Letter to BS: Who is to be blamed for the state of affairs in PSBs?

The writer was working in the central office of RBI at Mumbai when nationalisation of banks took place

Letter to BS: Nationalisation opened up avenues for large-scale employment

Only after the nationalisation did "class banking" become "mass banking"