Page 41 - Indian Banks

Top headlines: States to borrow Rs 2.35 trn, Ladakh situation 'serious'

Here are the top headlines of the day

Banks 'prudent, careful' as economic recovery will take long: CEOs

The bankers were responding to RBI governor Shaktikanta Das's statement that banks risked their own growth by being "extremely risk averse"

Don't hide behind RBI, clarify your stand on loan moratorium: SC to govt

A Bench headed by Justice Ashok Bhushan said the government had failed to clear its position on the issue despite the fact that ample powers were available with it under the Disaster Management Act

Covid-19 impact: Moody's lowers SBI's baseline credit assessment to 'ba2'

The rating agency, however, affirmed SBI's Baa3 deposit ratings

HDFC Bank bad loan ratio may widen to decade high, says CEO-designate

The bad-loan ratio might widen to 1.4% to 2%, which will be close to the highest level since the global financial crisis, Sashidhar Jagdishan said in a conference call with analysts on Friday

SBI, PNB, BoB may go for share sale in FY21 to shore up capital: Report

According to the sources, banks would get a better picture about their Non-Performing Assets (NPAs), one-time loan restructuring and consequent ratings latest by the end of October

Govt appoints Ashwani Bhatia as SBI MD, to continue till retirement

Bhatia will be the fourth managing director at the country's largest lender

Kamath panel races against time to meet Sept 6 deadline amid Covid-19

Senior bankers working closely with the committee said all panel members are on board and are actively participating in deliberations

Avoid frequent ad hoc review of loan facility for businesses: RBI to banks

RBI said that an analysis of practices followed by the lenders has brought out certain supervisory concerns including frequent and repeated ad-hoc review of credit facilities instead of regular review

Cabinet secy-led panel interviews 8 candidates for RBI deputy guv's post

This vacancy for RBI deputy governor's post has been reserved for the central bank's internal candidate, who would look after key supervisory and regulatory functions at the Mint Road

Ashwani Bhatia appointed Managing Director of SBI up to May 2022

Bhatia is at present working as the Deputy Managing Director in SBI

Bank moratorium was a temporary solution: RBI governor Shaktikanta Das

On rate cuts, governor says RBI will intervene when needed

HSBC India comes up with green deposit programme for corporate clients

Under the scheme, deposits will be used to finance environment friendly projects

Crisil downgrades Indian Bank's tier I bonds on lower reserves position

Crisil evaluated the adequacy of Indian Bank's eligible reserves to service coupon after adjusting for any medium-term impact of profitability on reserves position in a stress scenario

Govt keen to speed up stake sale in four PSU banks this fiscal: Report

Govt wants to overhaul the banking sector and is also pushing for privatisation of banks and other PSUs to help raise funds for budgeted spending amid a fall in tax collections

Govt may not need to infuse fresh capital in PSU banks this fiscal: Report

The poor credit offtake on account of coronavirus pandemic may obliterate the need for significant growth capital during the current fiscal

Banks have opportunity to tap into rural sector in post-Covid world: Ghosh

Bandhan Bank has already disbursed around Rs 3,500 crore in rural locations last month, Ghosh said during a webinar organised by the MCCI

City Union Bank PBT in Q1 down 15% to Rs 199 cr on provisions

PBT for the quarter was impacted on account of additional provision of Rs 100 crore towards Covid-19

Centre may empower public sector banks to induct non-executive directors

Recommendations of P J Nayak Committee could see the light of day

Even with Covid, our fresh slippages will be in control: SBI chairman

We believe most customers would start paying EMIs from September as the moratorium comes to an end, said Rajnish Kumar