Page 10 - Private Sector Banks

Financial conditions looking up in Q2 due to steps by govt, RBI: CII-IBA

The cost of fund index and liquidity index are showing an impressive reading of 80.6 and 71.1 in the present quarter survey

Pvt banks charging fee on more than 20 P2P UPI transfers in a month: Report

Defending the move, bankers said that the charges have been introduced in a bid to prevent frivolous transactions from putting a load on the system

YES Bank: What keeps CEO of India's most troubled lender awake at night?

Kumar set aside an hour a day during the first two months to call depositors to reassure them personally about the bank's stability

Rs 1.5 trillion sanctioned by banks under MSME lending scheme so far

As much as Rs 3 trillion was promised to be lent under the scheme, fully guaranteed by the government

Banks in India: Too few to fail

Forget the health of the banks, what should be worrying the regulators is just the number of banks through which such financial intermediation can take place

Lot has been done, but best of HDFC Bank yet to come, says Aditya Puri

Puri expressed satisfaction that he was passing on the baton to Sashidhar Jagdishan, who is the "worthiest person" to lead the bank

IDBI Bank posts Q1 PBT of Rs 438 cr against Rs 5,381 cr loss a year ago

Rise in net interest income, dip in provisioning drive better numbers; net profit at Rs 144 cr in Q1FY21, versus Rs 3,800 cr loss same quarter last year

ICICI Bank Q1FY21 profit rises 36% to Rs 2,599 cr; asset quality improves

The bank had reported net profit of Rs 1,908 crore in the same quarter last year

Letter to BS: Banks must redefine strategy amid Covid-19 pandemic

Pressure on profits, moderate growth in business, need for higher capital and reduced credit appetite will be some of the features common to all banks in the current fiscal year

Stressed assets

PSBs will need capital to finance economic revival

State Bank of India to invest up to Rs 1,760 crore in YES Bank's FPO

YES Bank got its board's approval to raise Rs 15,000 crore via FPO to shore up its capital base.

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.

HDFC Bank lends Rs 10,800 crore in June quarter; advances grow 21%

The Bank's advances expanded by 21 per cent, on year on year basis, to approximately Rs 10,04,500 crore as of June 30, 2020

PSBs lead in disbursing loans to MSMEs under credit guarantee scheme

The bulk of the disbursed amount -about two-third- was contributed by public sector banks.

Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman

Govt likely to issue clarification to add more borrowers under ECLGS

RBI sets up panel to review corporate structure of private sector banks

The RBI said it was doing so to align regulations to meet the requirements of a dynamic banking landscape

Foreign portfolio investors to pick up $300-million stake in YES Bank

The FPIs are in advanced talks with an Indian bank to act as a custodian.

Franklin Templeton gave Rs 518 cr loan to YES Capital

Schemes among the six wound up by the fund house had given the loan crore against non-convertible debentures (NCDs) to the firm in March 2019, according to ED's chargesheet

Huge scam in YES Bank for many years, says Enforcement Directorate

Rana Kapoor's wife also charged with abetting crime

DCB Bank's profit before tax declines 37.6% to Rs 93.84 crore in Q4

Net profit for the financial year ended March 31, 2020 (FY20), stood at Rs 337.25 crore, up marginally from Rs 325.37 crore in FY19.