Bankers have been talking about near-normalcy in collection of loan repayments and very few stressed borrowers going for loan restructuring. This gives us hope for 2021
The Covid-19 pandemic and the related lockdown led to significant contraction in loan demand across all sectors during April-June 2020
Banks are likely to focus on cash flow-based lending in times to come, a top executive of UCO Bank has said
In an interview with Abhijit Lele, K V Kamath'said India needs to be mindful of the pain that exists in the self-employed category and those with unsecured loans
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
This comes after recent Abraham accords leading to normalisation of ties between Israel and Arab states
The Reserve Bank of India approved the appointment of Sandeep Batra as the Executive Director of ICICI Bank
Government's New Year resolutions should be to revive domestic demand while addressing the Chinese threat
Book review of Yes Man: The Untold Story of Rana Kapoor
Rajiv Kaul, vice-chairman and wholetime director, CMS Info System, said that starting with a capital expenditure of Rs 180-200 crore, the company expects to create 2,000 jobs
Deal could mark the entry of corporates into UCBs
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
Incidents of corporate loans turning bad could be less than anticipated, but the banks' challenge will be retail loans. Large-scale job losses will have a bearing on the retail portfolio
A 44 per cent surge since September 30 means a gauge of lenders is beating the benchmark S&P BSE Sensex by more than 20 percentage points this quarter - the most since 2009
Many exploring options of accepting crypto currencies as collateral
The way forward for banking in India: Further issues
Ownership of banks by corporate or industrial groups: What is the need?
Book review of Pandemonium: The Great Indian Banking Tragedy
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
The bad loans can grow as much as by 15 per cent from the current level because of the pandemic, but there seems to be no skeleton left in its cupboard