Page 16 - Private Banks

HDFC Bank's Q3 net profit surges 18% on growth in net interest income

Provisions and contingencies of the lender increased 12 per cent year on year

Private banks Q3 preview: Debt restructuring nos eyed; PAT may grow 20% YoY

Among the pack, mighty banks such as HDFC Bank and ICICI Bank are expected to outperform their peers, analysts say.

On the chessboard: 2021 will see tectonic shifts in the banking industry

India Inc could make a re-entry into commercial banking - 40 years after the last round of bank nationalisation in 1980

Yes Bank elevates Niranjan Banodkar as CFO, Adlakha as HR head

Yes Bank was rescued by the Reserve Bank of India in March

Federal Bank: Ripe for re-rating despite guidance in run-rate of slippages

Strong growth is expected to counter the likely asset quality issues

Coronavirus pandemic dents growth of personal loans segment in FY21

While stress at an overall level is low, delinquencies in small ticket segment have moved up

Ownership and governance of private sector banks: Part II

Ownership of banks by corporate or industrial groups: What is the need?

NBFCs may lose 1% market share to private banks by FY22: CRISIL report

The growth, though, will be muted at 5-6 per cent due to asset quality concerns, funding issues and competition from banks.

Shopping for money: Private banks had highest WALR in Jan-Sep 2020

Private banks have possibly been lending mainly to lower-rated companies

Reducing promoter stake in private banks: RBI panel for nuanced approach

The RBI committee has recommended doing away with one size fits all approach to private banks' ownership

ICICI Bank first pvt lender to surpass Rs 2 trn in mortgage loan portfolio

The bank has witnessed the highest ever disbursement in the mortgage portfolio in October

Indian private banks shed Covid-19 woes, net profit rises by 159%

NII jumps 15 per cent as provisions fall 4 per cent, shows BS analysis of 17 listed private lenders

Lack of capital prevents banks from transferring rate cuts: RBI staff study

Markets do not view banks with low capital favourably and offer funds at a higher rate, says study done independently.

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

After LVB, Dhanlaxmi Bank shareholders oust chief executive Sunil Gurbaxani

While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.

Private banks likely to gain market share from state-owners peers: Fitch

Fitch Ratings said private sector banks, with stronger loss-absorption buffers, are likely to gain market share from their state-owned peers in the medium term

Indian private banks to gain market share from PSBs: Fitch Ratings

Indian private banks have had a decade of strong growth, reflected in much higher loan CAGR of 19.6%

CRISIL upgrades YES Bank's certificates of deposit from 'A2' to 'A2+'

YES Bank's total deposits increased to Rs 1.17 trillion (including CD) as on June 30 from Rs 1.05 trillion as on March 31

RBI's curb on current account use may hit private banks in the short term

Move can also bring a huge change in the way business is done in India, where firms use multiple current accounts, often for even individual projects, making them difficult to monitor

Thief accidentally kills self while cutting bank strong room in Gujarat

A thief accidentally killed himself by slashing his neck from the electric cutter he was using to cut down the strong room of a private bank here in Gujarat, police said Monday.