Page 48 - Indian Banks
RBI considers standing deposit facility to manage extra liquidity
No firm decision has been reached on this, said sources. The SDF, when introduced, will become the lower bound of the corridor for the liquidity management window.
 "RBI considers standing deposit facility to manage extra liquidity")
RBI's EMI moratorium could give Rs 2.1 trn liquidity to companies: Report
'Sectors with higher leverage will be major beneficiaries'
 "RBI's EMI moratorium could give Rs 2.1 trn liquidity to companies: Report")
RBI's reverse repo cut big, but banks must increase risk appetite: Experts
DBS Bank India Economist Radhika Rao said the reduction in the reverse repo rate is meant to prod banks to consider lending activity rather than park funds with the central bank
 "RBI's reverse repo cut big, but banks must increase risk appetite: Experts")
Default-wary banks say won't use RBI funds for low-rated companies
The first TLTRO facility took place on March 27, and so far Rs 1 trillion has already been deployed.
 "Default-wary banks say won't use RBI funds for low-rated companies")
Lenders want more time to finalise working capital needs of large firms
A senior State Bank of India (SBI) executive said in the case of large corporates, where there is consortium and social banking, the decision will be taken in consultation with all the lenders.
 "Lenders want more time to finalise working capital needs of large firms")
Banks, insurance firms to work as usual in new guidelines for Lockdown 2.0
Bank branches are allowed to work as per normal working hours till disbursal of DBT cash transfers are complete
 "Banks, insurance firms to work as usual in new guidelines for Lockdown 2.0")
Coronavirus outbreak: Bank credit growth falls sharply to 6.1% in FY20
Deposit accretion activity also moderated in FY20 to 7.9 per cent from 10 per cent in FY19, according to Reserve Bank of India (RBI) data.
Covid-19: Retail lending may not remain steady source of business for banks
Banks and finance companies may do more lending business in the retail segment on the digital platform
 "Covid-19: Retail lending may not remain steady source of business for banks")
RBI to examine buyback of outstanding amount of Rs 84,574 cr in AT-1 bonds
Could disallow retail investments directly and through MFs in the instrument
 "RBI to examine buyback of outstanding amount of Rs 84,574 cr in AT-1 bonds")
Covid-19: Amid economic slump, banks' credit costs, NPAs to rise in 2020
The report noted that an additional USD 300 billion spike in lenders' credit costs and a USD 600 billion increase in (NPAs) will occur in 2020 due to the adverse impact of coronavirus pandemic
Banks face operational hurdles in implementing 90-day loan moratorium
With branches and call centres working with skeletal staff, communicating to customers and documenting the process are key challenges
 "Banks face operational hurdles in implementing 90-day loan moratorium")
Covid-19: Bank employees seek transportation, police protection for working
With the Prime Minister announcing the national-level lockdown and public transportation being stopped in most of the cities, many employees are unable to attend office.
 "Covid-19: Bank employees seek transportation, police protection for working")
Banks plan to shut down most branches during coronavirus lockdown: Report
India is still very much a cash society and banks have been exempted from a 21-day lockdown that began this week as they are considered an essential service
 "Banks plan to shut down most branches during coronavirus lockdown: Report")
Coronavirus impact: Banks seeks RBI's nod to offer relief to borrowers
Moratorium on loans should be offered, say CFOs
 "Coronavirus impact: Banks seeks RBI's nod to offer relief to borrowers")
Covid-19: Banks brace for downing shutters in case cities go into lockdown
Some banks are going on an overdrive to secure employees who have to deal with the public at the branches on a daily basis with banking being one of the essential services
 "Covid-19: Banks brace for downing shutters in case cities go into lockdown")
Coronavirus spread: Banks' exposure to travel, hospitality sectors at risk
65 listed firms in travel and tourism sector had Rs 30,500-cr outstanding loans in Sept
 "Coronavirus spread: Banks' exposure to travel, hospitality sectors at risk")
Stressed NBFCs relying more on banks to meet funding requirements: CARE
Non-banking financial companies (NBFCs) are struggling to raise funds from the capital market due to higher cost and lack of availability of funds
 "Stressed NBFCs relying more on banks to meet funding requirements: CARE")
Banks turn wary post IBC, tighten lending norms for labour-intensive units
RBI data shows a sharp fall in growth of outstanding loan for sectors like tea, textiles, glass and gems & jewellery
YES Bank to transform into a retail bank: Administrator Prashant Kumar
Hopeful that moratorium on withdrawal will be lifted by Friday, says bank administrator
 "YES Bank to transform into a retail bank: Administrator Prashant Kumar")
YES Bank crisis: Paying loan? Shift ECS mandate to a nationalised bank
If you are paying a personal/home loan or doing SIPs, shift ECS mandate to another bank. It just might make sense to have one account with a nationalised bank
 "YES Bank crisis: Paying loan? Shift ECS mandate to a nationalised bank")