Post 2020's YES Bank crisis, chunk of government business moved from private to public banks for ease of operation
Some large private banks, unlike mid-sized banks, were allowed to participate in the government's businesses even after the RBI restricted the private lenders' participation in 2012
India will start the next stage of vaccinating those above 60 years of age and those above 45 with comorbidities, such as diabetes and heart ailments, from March 1
An embargo on private sector banks to carry out govt-related transactions, including taxes and pension payments, has been lifted
ICICI Bank, Axis, among others see rise 'proforma' slippages in Q3
The government must continue to own a few big banks to address market failures.
Increase of 12.1 per cent clocked in two days is the highest gains posted by the index in almost a year
The lender was helped by a surge in net interest income
Provisions and contingencies of the lender increased 12 per cent year on year
Among the pack, mighty banks such as HDFC Bank and ICICI Bank are expected to outperform their peers, analysts say.
India Inc could make a re-entry into commercial banking - 40 years after the last round of bank nationalisation in 1980
Yes Bank was rescued by the Reserve Bank of India in March
Strong growth is expected to counter the likely asset quality issues
While stress at an overall level is low, delinquencies in small ticket segment have moved up
Ownership of banks by corporate or industrial groups: What is the need?
The growth, though, will be muted at 5-6 per cent due to asset quality concerns, funding issues and competition from banks.
Private banks have possibly been lending mainly to lower-rated companies
The RBI committee has recommended doing away with one size fits all approach to private banks' ownership
The bank has witnessed the highest ever disbursement in the mortgage portfolio in October
NII jumps 15 per cent as provisions fall 4 per cent, shows BS analysis of 17 listed private lenders