Page 10 - Indian Banking System

Sharp improvement in liquidity expected from January 2024: India Ratings

Govt spending, FPI flows to drive liquidity

New national co-op policy calls for body to address financing needs

It has also called for rationalizing the process of winding up and liquidation of a cooperative where revival is not possible within a reasonable timeframe

Central bank and cricket

While the economy seems to be on a firm growth path, the fight against inflation is not over yet. It has not even entered the last round

Indian banks' profit to rise; China economy a worry: Moody's report

The report indicated that economic recovery is losing momentum in China, with growth expected to slow to 5 per cent in 2023 and 4 per cent in 2024

Banking liquidity swings to surplus after a month driven by govt spending

"OMO is out of the picture right now because it will also disrupt the overall supply at this point in time," said a dealer at a state-owned bank

RBI not likely to cut benchmark repo rate before Q2FY25: SBI Report

Benchmark repo rate was kept unchanged at 6.5 per cent by central bank during October 2023

Unsecured loan growth to moderate after RBI norms on lending: NBFCs

The NBFCs are also looking to diversify their source of borrowing post the central bank's mandate as the funds from banks are expected to be affected

RBI, Bank of England strengthen ties; ink agreement to end CCIL logjam

Move comes as a relief to UK-based banks such as Standard Chartered and HSBC

Tight liquidity: Open-market operation not on the discussion table

The banking system liquidity widened to a near 5-year high on November 21 on the back of monthly goods and services tax payments

Biz trajectory remains intact, committed to achieving targets: RBL Bank CEO

Our bank had a total capital adequacy ratio of 17.07 per cent and Tier-I (entirely CET1) of 15.15 per cent as on September 30, 2023 (inclusive of profits for the half year), he says

UCO fraud fallout: FinMin to meet PSB chiefs next week on cyber security

Sources said that such frauds occurred a couple of times before involving some other public sector banks but went largely unnoticed as the amount involved was small

Banking liquidity deficit at 5-yr high, to narrow next week: Economists

The deficit was the highest since Dec 26, 2018, when it had hit Rs 1.86 trillion, according to economists

Jio Financial Services in early talks with bankers for maiden bond issue

Jio Financial, which was carved out of Reliance Industries, is in the process of getting its credit rating and other necessary approvals

RBI tightens norms, raises risk weights for personal loans and credit cards

Loans likely to become dearer; marginal impact on bank's capital adequacy ratio

Treasury bill cut-off yield fall slightly as banking liquidity eases

The Reserve Bank of India set the cut-off yield on 91-day, 182-day, and 364-day T-bill at 6.92 per cent, 7.11 per cent, and 7.15 per cent respectively

Dhanlaxmi Bank starts hunt for new CEO, Shivan's term to be over in January

The search-cum-selection committee, constituted by the board at its meeting held on Wednesday, will identify and evaluate suitable candidates for the position

Public sector lender BoB's head of digital lending Akhil Handa quits

BOB, in a late-night exchange filing, said Kadgatoor Sheetal Venkatesmurt will handle this charge in addition to her role as head of digital channels and operations

Casa, a four-letter word that bankers love

Casa is also changing its profile as it is no longer low-cost money but it balances the asset-liability gaps and lowers banks' capital requirement

Weekly Treasury bills' yield rise as bank liquidity deficit nears Rs 1 trn

The Reserve Bank of India set the cut-off yield on 91-day, 182-day and 364-day T-bill at 6.93 per cent, 7.14 per cent and 7.16 per cent respectively

Axis Bank net profit up 10% to Rs 5,864 crore, asset quality improves

The net interest income (NII), the difference between interest earned and interest expended, grew by 18.86 per cent to Rs 12314.6 crore in Q2FY24 as against Rs 10360.3 crore for Q2FY23