Private Banks And Nbfcs
YES Bank's Q3 net rises to Rs 231 cr helped by drop in loan-loss provisions
India's Yes Bank said third-quarter net profit more than quadrupled, helped by a drop in loan-loss provisions and healthy growth in loans, but the result still fell short of expectations
 "YES Bank's Q3 net rises to Rs 231 cr helped by drop in loan-loss provisions")
Some NBFCs are bigger than many banks, says CEO Aditya Birla Finance
"There is a harmonisation of policies and regulations for upper-scale NBFCs and banks in terms of capital requirements and asset categorisation," Rakesh Singh of Aditya Birla Finance said
 "Some NBFCs are bigger than many banks, says CEO Aditya Birla Finance")
NBFCs need to diversify funding sources, reduce reliance on banks: RBI
NBFCs' reliance on banks increased, particularly for NBFCs in the upper layer (NBFCs-UL), whose direct bank borrowings have grown steadily
 "NBFCs need to diversify funding sources, reduce reliance on banks: RBI")
With above 33% attrition, pvt banks find it tough to retain junior staff
Industry experts say that the resignations could be largely attributed to young employees taking a second look at their life decisions and career choices
 "With above 33% attrition, pvt banks find it tough to retain junior staff")
Private banks register higher growth in deposits vs PSBs; rise 9.6% YoY
For the first time, HDFC Bank registered a total deposit of Rs 3.24 trillion, not quite close to SBI's deposits but still a sign of strong growth in terms of deposits
 "Private banks register higher growth in deposits vs PSBs; rise 9.6% YoY")
Liability management now top priority for lenders: Private bank CEOs
Private bankers said there were signs that the credit demand was durable and as such the landscape for banks' management of assets and liabilities would remain challenging for quite some time
 "Liability management now top priority for lenders: Private bank CEOs")
BS BFSI Insight Summit: Top pvt bank execs to take part in panel discussion
From Amitabh Chaudhry, MD & CEO, Axis Bank to Rakesh Sharma, MD & CEO, IDBI Bank here is the list of panelists from private sector banks of India at BSFI Insight Summit
 "BS BFSI Insight Summit: Top pvt bank execs to take part in panel discussion")
Have redoubled efforts to fix problem of tech outages: HDFC Bank CEO
Irked by repeated outages that the bank faced, RBI had barred it from issuing new credit cards last December and stopped it from going ahead with new digital launches
 "Have redoubled efforts to fix problem of tech outages: HDFC Bank CEO")
A few banks, NBFCs find market favour as funding pressure recedes
Asset quality improvement, receding funding pressure boost confidence, with 14 stocks trading near 52-week high
 "A few banks, NBFCs find market favour as funding pressure recedes")
Private banks, NBFCs gain at govt banks' expense
Bonds raised by private firms also show a sharp increase
 "Private banks, NBFCs gain at govt banks' expense")
