Page 11 - Banking

Borrowing cost surges in bond market over RBI's measures to drain out cash

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

IBPS PO Prelims Result 2020 declared ibps.in: Steps to download result

IBPS PO result 2020: Selected candidates will qualify for IBPS PO Main Exam 2020

Nursing back post-Covid financial system biggest challenge for India

The state-dominated lending system's aggregate balance sheet had a gaping hole even before Covid-19. Now things could turn uglier

Liquidity returns to banking system, interbank call rates softening

This indicates that the liquidity deficit witnessed after December 15 was mainly because of advance tax outflow, and not because of any extra effort by the central bank to drain out liquidity

Billions of dollars at stake as courts begin ruling on pending bank cases

The legal tussles pit India's lenders, central bank and government against corporate borrowers struggling to survive amid lockdowns prompted by Covid-19

Kerala-based South Indian Bank announces 6Cs strategy for Vision 2024

While current growth trends remain muted due to the Covid-19 pandemic, the bank is optimistic of a revival in growth from Q1FY22 onwards

Small yet focused approach makes City Union Bank an interesting bet

High concentration in the south Indian market, particularly the SME belt is working to its advantage

Flashback 2020

Bankers have been talking about near-normalcy in collection of loan repayments and very few stressed borrowers going for loan restructuring. This gives us hope for 2021

Top headlines: Rs 5K cr zero-coupon bonds for P&SB; Apple to expand in cars

From centre issuing Rs 5,500 cr worth of zero-coupon bonds for P&SB recapitalisation to Anil Ambani's Reliance Capital getting 10 more bids for subsidiaries, here are top headlines this morning

ICICI floats 'Infinite India' platform to help MNCs set shop in country

As an 'Authorised Dealer Category 1', the bank can authorise the setting up of liaison offices (LO), branch offices (BO) as well as a project offices, within the regulatory framework

Shaktikanta Das: Reserve Bank governor who went off the beaten track

Economists praise Shaktikanta Das for his pragmatism and willingness to face challenges head on

Barclays rethinks real estate push in India, other places to cut costs

Barclays isn't the only lender that is trying to take its real estate costs down at a time of squeezed profitability

Farmer protests: Bank unions not to participate in Bharat Bandh on Tuesday

Bank unions said they will not participate in the 'Bharat Bandh' on Tuesday, even as they expressed solidarity with farmers protesting against the new farm laws.

India needs hundreds more banks; their ownership is not the main point

While deciding on policy regarding ownership of banks, it would be good to remember that banking is a commercial activity and therefore can't have zero risk

NBFCs planning to seek CRR, SLR breather on net demand, time liabilities

Feedback on banking licence terms may be given to RBI in a fortnight

PNB's pre-tax profit surges by 54% to Rs 979 cr in Q2, PAT up 22%

Net interest income soars 29% to Rs 8,393 crore, NPA position improves

Are you eligible for refund under interest waiver scheme? Check new rules

The government clarified that borrowers will be entitled to get a refund on an aggregate sum of Rs 2 crore borrowed from the banking system,

Credit growth inches up to 5.66% in October amid increased activity: RBI

With the unlocking process on course, festival season is expected to lead to further rise in demand for credit

HDFC Bank m-cap tripled in 6 yrs. But this rare bear on the stock still made money

After a 63% rebound from its March low, HDFC Bank's stock is too expensive given the risks related to management change and asset quality

Recovery of shadow banks in doubt as lenders take a hit from Covid-19

Average spreads on the lenders' AAA rated five-year bonds rose for the first time in four months in September