Page 11 - Indian Banking System

Banks well placed to withstand trading losses due to hardening yields: RBI

While banks are endowed to face effects of rising yields, they need to strengthen risk management practices and internal controls by banks remains of paramount importance, it emphasised

Banking liquidity moves to surplus due to govt spending, RBI concerned

The banks parked Rs 1,512 crore with the RBI on Tuesday, according to the data released by RBI

HDFC Bank's bad loan jumps, margin narrows post-merger, Q2 profit up 50.6%

Net interest margins, which had been above 4 per cent for many years, dropped to 3.4 per cent in the July-September period, largely owing to the higher cost of funds from the erstwhile HDFC

Federal Bank reported its highest-ever quarterly net profit in Q2 FY24

The bank's NII grew 16.72 per cent to Rs 2,056.42 crore, up from Rs 1,761.83 crore in the same quarter of the previous financial year

Bank of Maha Q2 net up 72% at Rs 920 cr, rules out equity capital offering

On a quarter-on-quarter basis, the bank's profit rose by 4.27 per cent from Rs 882 crore in Q1 of FY24. The stock ended the day 1.26 per cent higher at Rs 47.42 a share on BSE

HDFC Bank Q2 result: Net profit rises 50% to Rs 15,796 crore; NII up 30.3%

Net interest income (NII) for the Q2FY24 grew by 30.3 per cent to Rs 27,385 crore from Rs 21,021 crore for the Q2FY23

The new pitch for bond dealers to bat on

Treasury managers are padding up for the new norms for the classification, valuation and operation of investments

RBI starts pilot programme for wholesale digital rupee in call money market

More use cases on to be tested; Plan to test the entire wholesale segment

Will bankers ever learn?

Basel-III capital norms, which bankers oppose, are beneficial for both banks and the economy

RBI action may weigh on growth, increase costs for Bank of Baroda

The Q1FY24 data indicates over 90 per cent of savings and current accounts are sourced digitally

Banks raise Certificate of deposit by 20 bps in Oct to cater credit demand

CDs, which are short-term debt instruments employed by banks to amass funds, have seen an uptick in rates

IDFC First Bank eyes Rs 3,000 crore in debt capital through tier II bonds

The plan comes soon after Rs 3,000 cr equity raise

Why there are so few women in banking

The most significant boost to achieving gender parity could come from a commitment from companies to provide flexible working

Turn and bounce

MPC needs to be extremely vigilant

Monetary policy: RBI expects banks to fully transmit rate-hike impact

Market participants believe that the transmission did not occur because surplus liquidity in the banking system remained high due to several reasons, including the withdrawal of the Rs 2,000 banknote

Monetary Policy review: Familiar script with a surprise

The rate cut cycle may not begin before the second half of FY25

Monetary policy review: RBI keeps OMO sword hanging on bond market

The central bank has not given any timeline for OMO sales and said it would depend on the ongoing liquidity situation

Small finance banks see double-digit growth in advances & deposits in Q2

Equitas Small Finance Bank witnessed a healthy 37 per cent increase in advances to Rs 31,231 crore, whereas deposits rose 42 per cent to Rs 30,839 crore

Goldman Sachs plans expansion in India, opens new GCC hub in Hyderabad

The centre in Hyderabad includes both new recruits and transfers from Bengaluru

Banks continue to struggle for CASA share in Q2, challenge to remain in H2

CASA accounts, vital for daily operations of businesses, households, or individuals, offer banks a cost-effective source of funds