Page 22 - Indian Banking System

RBI follows global banks, cuts repo rate by 75 bps to fight coronavirus

The move comes after the global central banks have been cutting rates to help shore up the economy amid coronavirus pandemic

Banks plan to shut down most branches during coronavirus lockdown: Report

India is still very much a cash society and banks have been exempted from a 21-day lockdown that began this week as they are considered an essential service

Covid-19: Lenders seek deferment in loan repayment, reclassification of NPA

IBA's managing committee met on Friday and decided to put up five set of demands to the central government and RBI to help the financial sector and retail and corporate borrowers alike

YES Bank to transform into a retail bank: Administrator Prashant Kumar

Hopeful that moratorium on withdrawal will be lifted by Friday, says bank administrator

Business not as usual: YES Bank changes way banks, Mint Road are looked at

Former RBI governor, Urijit Patel, had said in the aftermath of the blowout at PNB that the banking regulator was better positioned when it came to the oversight of private banks.

Five banking trends for the new year

This could be a year of higher NPAs, more recovery, relatively stronger bank balance sheets, low credit growth and better-managed cooperative banks

BS Banking Annual 2019: 'Conventional, digital banking will co-exist'

'The divide between rural and urban is slowly reducing and it's largely owing to the way telecom has improved across the country'

BS Banking Annual 2019: Indian banks safe, say SBI, HDFC Bank chiefs

HDFC Bank MD Aditya Puri and SBI Chairman Rajnish Kumar discuss the present and the future of the industry in a fireside chat

Bandhan Bank's C S Ghosh is Business Standard Banker of the Year 2019

Chandra Shekhar Ghosh has turned a small microfinance NGO into a formidable private bank

Flush with liquidity, RBI is quietly buying bonds from the open market

Till November 22, the central bank bought Rs 4,300 crore of bonds

Only up to Rs 1 lakh of depositor money insured in banks: RBI subsidiary

The corporation covers all commercial banks, including branches of foreign banks functioning in India, local area banks and regional rural banks

Banks need Rs 50,000 cr additional capital to support loan growth: Fitch

Fitch said the rating outlook for most Indian banks mirrors the stable outlook on India's sovereign rating

Major wilful defaulters revealed: RBI finally discloses details under RTI

For over ten years, the RBI has denied RTI applicants this information arguing that it would be against the economic interests of the country

Best of BS Opinion: India & India Inc's search of growth amid fiscal woes

From Kulbhushan Jadhav's reprieve to bank nationalisation, here are the best of Business Standard Opinions for the day

The Indian banking journey: Logic & cure

In part 1 of a series, the author traces the compulsions behind bank nationalisation and the effects of liberalisation on the banking sector

Traditional banks at risk of losing customers to Bigtech, challenger banks

More than 60 per cent of customers say they already use these products from BigTechs or "challenger banks" or are likely to do so in the next three years

A year since signing, inter-creditor pacts yet to take off, concede bankers

It's one of the worst kept secrets in banking, and not many chief executive officers (CEOs) of banks want to go public on it

There is no stress in retail loan book, still cautious: Axis Bank CEO

Axis Bank reported good numbers in the second quarter of FY20 even though the bank had a net loss of Rs 112 crore in the period

How the RBI can get its act together

In the concluding part of the series, the author draws attention to the central bank's problems that need urgent fixing

Letter to BS: Banks should publish newsletters about financial performance

The Reserve Bank of India (RBI) as the central bank should tighten banking regulations for the staff and any deviation should be reported to the regulatory committee at the earlies