Page 19 - Indian Banking System

Why banks should spend on branches despite increased digital penetration

Though the functions of a branch may have not changed in years, their focus has shifted from transaction to customer retention

Former PNB chief manager, two associates held in Delhi for loan fraud

A former chief manager of a public sector bank and his two associates were arrested in Delhi for allegedly misappropriating funds through a loan fraud, police said on Wednesday

Banking system liquidity on the slide due to advance tax outflow

As of Monday, the banking system liquidity was at a surplus of Rs 4.95 trillion, as against Rs 6.13 trillion a week earlier, on the eve of the deadline for the third instalment of advance tax

Best of BS Opinion: India's farm reforms, Covid-19 vaccine, and more

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

Interchange of Rs 15 makes ATM channel unviable: NCR India's Navroze Dastur

NCR Corporation, the world's largest vendor of ATMs, has over 50 per cent share of the local market, but business could be better, says NAVROZE DASTUR

S&P affirms Union Bank's long, short term rating, revises SACP to 'BB-'

The bank's capital buffers have weakened due to the its merger with Andhra Bank and Corporation Bank earlier this year

Anatomy of Indian banking

Book review of Hits and Misses - The Indian Banking Story

Why private banks, their ownership structures need to be strictly regulated

Basic principles and international practice suggest that opening the door to the ownership of banks in India by large corporate/industrial houses should be done, if at all, with utmost caution

Indian Bank makes requisite accounting entries to set off losses

On November 30, at EGM the Bank approved the appropriation of accumulated losses of Rs 18,975.53 crore from the share premium account of the bank

With conglomerates reluctant, PEs may be better source of capital for banks

PEs have deep pockets with the ability to recapitalise the bank as and when needed

Which bank next on the RBI radar?

If shareholders can throw the chairman and MD out, where is the sanctity of the RBI approval for such appointments?

Companies in banking? Wrong debate

India had already allowed businesses houses to enter banking in its 2013 bank licensing guidelines

RTGS to be made available 24X7 in next few days: RBI Governor

RBI said that the Real Time Gross Settlement (RTGS) system, used for large value transactions, will be made available round-the-clock in the next few days

Beyond the rate decision

RBI will have to address the excess liquidity issue

Corporate ownership of private banks: Has the train left the station?

If indeed the gate opens for big industrial houses, the RBI needs to be smarter than them and demonstrate it through action, not reaction

Bitcoin and millennials: How Indian crypto entrepreneurs beat the system

India's share of person-to-person virtual-currency trading in Asia has surged to 33%, the same as in China

Will India's banking system go from being state-dominated to tycoon-led?

From the conditional nature of recommendation by RBI on ownership of private-sector banks, it doesn't appear that the regulator will soon reverse its policy of keeping conglomerates away from banking

IOB expects resolution of NPAs worth Rs 18,000 cr in 2nd half of FY21

On the back of resolution and pick up in advances, the bank aims to bring down the gross NPAs below 10 per cent mark by March.

Rating agencies upbeat on cash-starved Lakshmi Vilas Bank merger with DBS

This deal is positive for India's banking sector and will bring much-needed relief to LVB, which has been struggling for many years, S&P said in a statement

The rescue act

LVB's bailout plan could have come earlier