Page 7 - Indian Banking System

Pages from the diary of a woman PSU banker

Last Friday, the banker offered me the pages from her 2023 diary, taking time out from Women's Day celebrations with her friends

Monitor end use of funds for business cards, says Reserve Bank of India

No need to approval for co-branded cards

RBI may undertake comprehensive review of architecture of payment banks

Governance standards, viability of biz among priorities

Liquidity deficit narrows to less than Rs 1 trn as govt spending picks up

Liquidity may not improve immediately as tax outflows of around Rs 1.25 trn are scheduled in March, says one expert

The good times will last longer, says public sector bank CEOs panel

Bandyopadhyay spoke on the situation's sustainability with some of India's leading PSB chiefs

RBI receives bids worth Rs 2.08 trillion at the 13-day VRR auction

RBI will conduct a 3-day VRR auction on February 26 to infuse Rs 1.5 trillion into the system

BoB raises Rs 2500 cr via Tier-II bonds at 7.57%, surpasses mkt estimates

Robust demand from investors for long tenure paper due to softer rate expectation

The new challenge on the banking turf

Raising deposits to keep pace with loan growth and keeping credit cost low top the agenda for banks

RBI extends Paytm Payments Bank restriction deadline to March 15

The earlier deadline was Feb 29

RBI conducts 2 VRR auctions to infuse liquidity into banking system

The liquidity deficit in the system widened to Rs 1.96 trillion on Sunday

RBI slams microfinance institutions for charging higher rates to borrowers

In 2021, the RBI had given full freedom to entities on interest rates to be charged for microloans by lifting the interest rate cap of 24 per cent put earlier

Banking crisis most infamous legacy of UPA government: White Paper

"Worse, even that high percentage of bad debts was an underestimate," the paper said

UPI payments failing amid server outages; NPCI working with banks

Regret inconvenience on UPI connectivity as few of the banks are having some internal technical issues, NPCI said in a statement

Indian companies, banks raise Rs 3,683 crore through corporate bonds

Lower fund raise amid widening yield spread, tight liquidity

Tight liquidity spurs high demand at RBI's variable rate repo auction

Banks bid for Rs 3.08 trillion against notified amount of Rs 2.5 trillion

AU Small Finance Bank's net interest income up 15% Y-o-Y in Q3FY24

The Jaipur-based bank posted a 4 per cent year-on-year decrease in profit in the latest quarter at Rs 375 crore compared to Rs 393 crore in the Q3FY23

Liquidity deficit in banks widens to Rs 3.3 trn due to GST outflows

The banking system's liquidity primarily stayed in deficit during the third quarter of the current financial year and it widened further in January, driven by tax outflows

India's banking system liquidity deficit hit record high, shows data

The deficit widened to Rs 3.34 trillion ($40.18 billion) as on Jan. 23, nearly tripling from the start of the month, data from the Reserve Bank of India (RBI) showed

Our top priority is to continue focus on high-quality assets: P R Seshadri

The managing director (MD) and chief executive officer (CEO) of the Kerala-based South Indian Bank, Seshadri talks about his priorities, the bank's growth roadmap and third quarter numbers

Indian lenders seek looser liquidity conditions going ahead: Report

Banks made these suggestions to industry body Fixed Income Money Market and Derivatives Association of India (FIMMDA) on Wednesday