Page 39 - Indian Banks

Street signs: Bank stocks to dictate direction, Equitas SFB a hit, and more

Equitas Small Finance Bank (SFB) is likely to see good response for its Rs 520-crore IPO, going by the trend in the grey market

FPI increase wager on banking stocks in September quarter, shows data

During the quarter ended September 30, FPIs pumped in Rs 7,500 crore (over $1 billion) into banking stocks

How City Union Bank, Federal Bank have sustained investor interest

With gains of 7 - 10 per cent since September 24, both stocks have been an outlier among peers

LVB: Past imperfect, present tense, future...?

What happened at the September 25 AGM is not just another instance of shareholder activism. With the mass ouster of not-so-independent directors, will things change?

PE investors, foreign banks taking majority stakes may rescue old pvt banks

Several of these banks were placed under the Prompt Corrective Action (PCA) framework of additional regulator scrutiny but this does not seem to have stemmed the rot

Swift economic recovery key to limit loan losses for Indian banks: Fitch

Lenders face a tough operating environment in the near term, with a spike in stressed loans and write-offs due to the economic fallout of the coronavirus pandemic

The task before the new SBI boss

The State Bank of India can be taken to the next level by transforming it into a marketplace to meet the financial needs of its corporate clients across the value chain

Need restructuring, not bankruptcy

Most stressed lenders should go into restructuring with the IBC being its bedrock

Coronavirus pandemic to leave up to 3.7% of loans as NPAs: Report

Earlier, ICRA had forecast credit growth for banks at 6-7 per cent

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How did a profitable bank founded to serve small businesses in 1926 by a group of businessmen from the Vysya community - a trader caste based in southern and central India - come to this pass?

Shareholders in action

Problems at Lakshmi Vilas Bank should be settled swiftly

RBI extends enhanced borrowing limit for banks under MSF till Mar 31

Under the MSF, banks can borrow overnight at their discretion by dipping into the Statutory Liquidity Ratio (SLR)

PSBs on-board 10 mn account holders on digital payment modes in a month

The campaign, aimed at encouraging customers to use digital banking channels, was launched on August 15 under the aegis of the government's Digital India initiative

Banks working to speed up ICA process for resolution of stressed loans: IBA

Indian Banks' Association chief executive Sunil Mehta said a draft on the same has been already given to banks for their suggestions

FinCEN files: Major Indian banks figure in suspicious transactions list

Banks say they themselves red-flagged the transactions to RBI, authorities

State Bank of India raises Rs 7,000 cr via Basel III compliant bonds

The bonds qualify as tier II capital of the bank, and has face value of Rs 10 lakh each, bearing coupon rate of 6.24 per cent per annum payable annually for a tenor of 10 years, it said

Bank stks dip as FinCEN leak names Indian banks for suspicious transactions

The FinCEN files so far have established sender-receiver connections for 406 transactions involving all major banks, including the country's largest, State Bank of India

Banks not asked by RBI to raise capital to brace for possible NPAs: Thakur

RBI Governor at an event in July had advised that banks need to raise capital on anticipatory basis to build up adequate capital buffers to mitigate risks arising out of coronavirus outbreak

Debt restructuring scheme may soften blow of Covid-19 on books of PSBs

Except for a few, most PSBs face major challenges in raising capital from the market, given the low premium

NBFCs need access to credit history like banks, says Gunit Chadha

NBFCs don't have an equivalent body to represent their well-filtered voice with the regulators and government, says APAC Financial Services founder