Page 31 - Indian Banks

Judicious decision

SC judgment will end uncertainty in the banking system

More banks likely to join RBI's list of 'systemically important banks'

Move result of change in pecking order post-mergers

AT1 bonds: Over Rs 11,000 cr worth call option due for SBI in FY22

Here is look at outstanding AT1 bonds of select banks and amount for call option in due in FY22

Advisors push AT1 bonds to HNIs to take advantage of surge in yields

Yields of perpetual bonds issued by State Bank of India and Bank of Baroda, for instance, have gone up by as much as 80-90 basis points (bps), and top recommendation lists of most managers

How Indian Bank-Allahabad Bank amalgamation proved an unlikely success

The merger was complicated by the fact that the government had not allowed post-merger lay-offs for any of the banks under this process

Switch home loan if you can reduce cost by at least 50 bps: Experts

Don't go by the lowest advertised home loan rates; find out what you are eligible for

Axis Bank to acquire 9.9% stake in Max Bupa Health's promoter entity

Max Bupa Health Insurance is as a joint venture between private equity group True North and Bupa.

When will SC status quo on bank loans end?

If it continues, wary of borrowers' opportunism and distorted credit discipline, banks may not come forward to lend even if we shout ourselves hoarse over their risk averseness

FinMin to soon infuse Rs 14,500 cr in banks under PCA: Report

Indian Overseas Bank, Central Bank of India and UCO Bank are currently under this framework that puts several restrictions on them, including on lending, management compensation and directors' fees

Focus on technology

Banks must invest in improving customer interface

SBI to conduct e-auctions of 12 bad accounts this month to recover dues

SBI will conduct e-auctions of 12 bad accounts this month to recover dues of over Rs 506 crore under sale to asset reconstruction company (ARC) mechanism

Bank privatisation as an experiment

The government must test the efficacy of privatising two banks first before going the whole hog

After outage, Trai puts on hold regulation on pesky SMS for one week

Users failed to receive text messages including one time passwords for online transactions , and banks attributed the glitches to Trai's new regulations which came into effect on Monday

Retail loan growth will continue to remain far from encouraging for banks

Retail loan growth at 9.1 per cent for February 12 fortnight is the weakest so far; Nifty Bank index is up 60 per cent in six months

Lenders 'can't be asleep', must suffer compensation cut for bad loans: CEA

Ever-greening and zombie loans lead to sub-optimal capital allocation, says Chief Economic Advisor.

PMC Bank suitors face additional capital rider; RBI board meet on March 19

Rs 750 cr needed to enable payout of over Rs 5 lakh per depositor

Expect moderately worse banking sector outlook for next fiscal: Fitch

The plan is well below Fitch's estimated capital requirement of USD 15 billion to USD 58 billion under varying stress scenarios

ICICI Bank reduces home loan rates to 6.7% effective immediately

However, customers can only avail of this benefit up to the end of this month (March 31, 2021)

Explained: What is NUE licence for retail payments and who's interested?

Customer retention, gains from float money and product innovation are the key reasons for banks to jump on the new for-profit platform for retail payments

Banks in talks with Shapoorji Pallonji Group to resolve RHFL impasse

An SP group source said the dues from Reliance Home Finance are to a joint venture company and not Shapoorji Pallonji alone