Page 9 - Private Sector Banks

Earnings preview: Bank profits to show steady rise despite provisions

Rise in stressed assets may not push bills for provisions as lenders maintain higher provision coverage ratio for few quarters

PNB picks up 12% stake in NARCL, to cut holding by December

PNB's equity stake of 12.06 per cent will be reduced to 9 per cent by December 2021

Despite banks' record Q1 net profit, Bank Nifty on a slippery slope

It is up 15% since the start of CY21 against 19% in Nifty50; this despite banks' record Q1 profit

Meet HDFC Bank's Sashidhar Jagdishan, a CEO courageous enough to be upfront

Jagdishan took over from his larger-than-life mentor Aditya Puri

HDFC Bank draws up groundwork to regain credit card market share

Will come back with a bang once RBI lifts freeze, says bank

Interest margins of banks at 12-yr high; cost of funds fell 50 bps in FY21

Analysts attribute the margin expansion to the wedge between RBI's repo rate and the lending rate in the market

Good show by banks but can they sustain it?

Till March, banks could hold on but not all of them will be in a position to stomach the impact of the second wave of the pandemic

State-run banks' shares outperform private peers on recovery bets

A broad improvement in the sector's asset quality and India's plans to transfer soured loans to a proposed bad bank boosts their growth outlook

Yes Bank rescue happened in nick of time before pandemic struck: CEO

Yes Bank's rescue act in early March 2020 happened in the nick of time ahead of the Covid-19 pandemic, and even a 15-day delay in it would have meant great difficulty for a lender, said the CEO

Under Modi regime, private banks outnumber PSBs on new rural branches

Since 2014, public sector banks' branch network in rural and semi urban has grown by a mere 4,000 - from 49,859 in 2014 to 53,467 while for private sector banks, it doubled from 9,673 to 18,437

IDBI Bank, out of PCA, faces tightrope act between growth and reducing NPAs

Deck clears for government's stake sale; improvement in lender's finances key to invoke investor interest

Payments banks may also join private banks to offer tax, pension services

The finance ministry has now made it clear that there is now no bar on the RBI's authorisation of private-sector banks to offer government business

Centre lifts embargo on grant of govt businesses to private banks

Move will spur competition, promote efficiency in customer service standards

Bank unions oppose Centre's move to allow all pvt sector banks in govt biz

The finance ministry, in a statement, said all private sector banks can now participate in government-related businesses like collection of taxes, pension payments and small savings schemes

Public, private sector banks disburse loans worth Rs 1.42 trn under ECLGS

About Rs 1.98-trillion loans have been sanctioned by the banks to MSMEs, Parliament was informed

A poor idea

Bad bank will only kick the can down the road

Ownership and governance of private sector banks - Part III

The way forward for banking in India: Further issues

Will India's banking system go from being state-dominated to tycoon-led?

From the conditional nature of recommendation by RBI on ownership of private-sector banks, it doesn't appear that the regulator will soon reverse its policy of keeping conglomerates away from banking

Large private sector banks are safe bets for investments in BFSI stocks

High collections boost sentiment, but clarity on gross NPAs will emerge only after December

Private banks may see NIMs dip in Q2FY21; loan restructuring roadmap eyed

Market participants would watch out for greater clarity on NPA recognition, loan restructuring roadmap, and credit costs for the rest of the year