Page 11 - Indian Banks

Growth in unsecured loan remains strong despite hike in risk weighting

Recently, the RBI reiterated its concern on the elevated unsecured lending portfolio of banks in its Bulletin

Balance sheets of SFBs are larger than those of universal banks: Panel

Participants at a panel discussion at the Business Standard BFSI Insight Summit 2023 say that SFBs need diverse product lines

How RBI, industry put in checks place to slow down consumer credit growth

The latest TransUnion Cibil Credit Market Indicator (CMI) says that credit growth slowed across all consumption-led loan products; home-loan growth remained stagnant

Indian banks' rush for clients set for reckoning after Paytm fiasco

India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank

Deposits paucity may hit Indian banks credit growth in FY25: Report

Private lenders with high loan-to-deposit ratio more vulnerable, says S&P

Indian banks' margins set to fall, credit growth to moderate in FY25: S&P

MUMBAI (Reuters) - Funding conditions in India are likely to play a crucial role in constraining loan growth for many banks in the country, and credit expansion could moderate by 200 basis points in the next fiscal year, S&P Global Ratings said in note on Thursday.

Tamilnad Mercantile Bank non-exec director quits for 'compelling reasons'

Bank's performance and share price mute compared to peers, says P C G Asok Kumar

India, China banks under pressure from different liquidity stories

The liquidity drought may be deliberate. Unlike Beijing, New Delhi has every reason to be sanguine about growth

Bank FD rates soar: Right time for investors to secure peak returns

Small finance banks' FDs yield more than larger banks' offerings, but invest in them sparingly. Investors need to lock into current peak rates before they begin to decline

Banks report healthy loan growth in Q3; Casa ratio continues to decline

The Trend and Progress report of the Reserve Bank of India, which was released last month, observed that with the increase in deposit rates catching up with that in lending rates

Reserve Bank of India seeks to lower NNPA of banks for paying dividends

Draft proposes that net NPA ratio should be less than 6%

Primary risks to economy's outlook stem from global headwinds: RBI report

The report noted that rise in interest rates has benefited banks by improving their net interest margins, with a faster transmission to yield on assets compared to the cost of funds

SBI, HDFC Bank will need to maintain higher capital from FY25, says RBI

The additional Common Equity Tier 1 (CET1) requirement will be in addition to the capital conservation buffer

Banks' asset quality improves to decadal high at end-Sept: RBI report

The central bank said the banking system and the non-banking financial companies (NBFCs) remain resilient, backed by high capital ratios, improved asset quality and robust earnings growth

'Balance batao', 'digital didi': Fintech transforming financial inclusion

From the government's coffers, Rs 5,000 for opening an account for a child born into a poor family will be yet another milestone for financial inclusion, after PMJDY

Indian banks' liquidity deficit at 8-yr high, traders eye repo rollover

ndian banking system is facing a widening liquidity deficit, reaching levels last seen in 2016, that may prompt the central bank to provide another round of short-term cash infusion

RBI introduces card tokenisation facility at bank level for convenience

The RBI on Wednesday introduced a Card-on-File (CoF) token facility at the level of banks and other institutions to provide convenience for cardholders to get tokens created and linked to their existing accounts with various e-commerce applications. At present, a CoF token can only be created through the merchant's application or webpage. For a CoF, a token is a 16-digit number unique for a combination of card, token requestor and merchant. Through tokenisation, the actual card details are replaced with token credentials that can be used only with the intended merchant. "It has been decided to enable Card-on-File Tokenisation (CoFT) directly through card-issuing banks/institutions also. This will provide cardholders with an additional choice to tokenise their cards for multiple merchant sites through a single process," the RBI said in a circular. Generation of CoF tokens for a card, through the card issuer, can be enabled through mobile banking and internet banking channels. In ..

Banks seek RBI's nod to defer penal interest guideline by 3 months

The RBI issued guidelines instructing banks to levy charges rather than increase the interest rate for borrowers who fail to meet the terms and conditions of a loan contract starting January 1, 2024

RBI imposed monetary penalties worth Rs 40 crore on 211 entities in 2022-23

Out of 211, 176 penalties worth Rs 14.04 crore were alone imposed on cooperative banks, Bhagwat Karad told Lok Sabha on Monday

Rising cost of funds may squeeze bank NIMs by 30 bps more: CARE Ratings

Banks are still grappling with policy rate hikes on deposits, along with regulatory actions on unsecured lending