In a period of slowing credit growth, only PSUs have sequentially borrowed more, and that too, only from private banks
The reason why short-term rates have spiked is liquidity normalisation
With the customer spoilt for choice, the option for the banking industry in the new decade is between going digital or dying
With the RBI red-flagging mushrooming of digital apps, the tango between banks and fintechs may be in for a big change, report Hamsini Karthik and Raghu Mohan
FinMin is looking at avenues for affordable capital infusion, including setting up of a Bank Investment Company, as the RBI raised concern over issuance of zero-coupon bonds for PSB recapitalisation
RBI looks to strengthen solvency and sustainability of a sector that has been showing signs of stress in recent years
The US Treasury in December included India in the currency manipulator watchlist with nine others for one-sided intervention preventing rupee appreciation
The surge comes after the Reserve Bank of India announced plans last week to restore normalcy to liquidity operations in markets in a phased manner
Till now, export of planes in knocked-down condition was not allowed
The potential turnaround in banking means the government does not need to act in haste, only to repent at leisure
Seek leeway on reserve ratio, priority sector and sectoral exposure
RBI governor warned earlier this week about the rally, citing the disconnect between the markets and the economy as well as expectations that bad-loan ratios at lenders will almost double this year
Bond market is not factoring in a rate cut in February policy either
The six-member panel comprising four RBI internal members and two external members is expected to submit its report within three months
Fresh hopes on the economic, health and political front temper the grim legacy of 2020
Amid rising incidents of harassments relating to online lending, the Reserve Bank on Wednesday constituted a working group to suggest regulatory measures to promote orderly growth of digital lending.
The Reserve Bank of India (RBI) is unlikely to further ease the interest rates in the next meeting of its Monetary Policy Committee even though retail inflation declined in December 2020, a report by
Among the pack, mighty banks such as HDFC Bank and ICICI Bank are expected to outperform their peers, analysts say.
Policymakers must focus on medium-term growth risks
Stock market updates: Nifty PSU Bank index surged over 6 per cent and was the top sectoral gainer