Page 24 - Banks

What happens when a co-op bank comes under banking act?

The only conversion to date of an urban co-operative bank into a commercial bank is DCB Bank in 1996, which was however not a forced one

Irdai may allow banks to hold over 10% stake in multiple insurance firms

Irdai chairman says considering proposal to change rules for lenders

Banks gave about Rs 72,136 crore to NBFCs from April to October 2019

Banks are supporting finance companies also by buying the high retail loan pools and SME

Firms ask lenders to modify accelerated payment clause in loan agreements

Bankers said such rules for accelerated payments are in place to protect the interest of lenders

Letter to BS: Negotiation between banking industry and unions is inadequate

The Indian Banks Association has been trying to link pay with performance for the last so many years

Letter to BS: Efficiency of bank unions has diminished over the decades

Bank-specific wage negotiation for each of PSB may undermine the interest of employees rather than promote the same

Banks Told To Follow Y2k Checklist

Banks Told To Follow Y2k Checklist

Still in the tunnel: Most global banks yet to regain pre-crisis health

Are mergers and acquisitions around the corner?

Listed commercial banks report Rs 6,675-crore net profit in Sep quarter

Review covers 37 SCBs (18 public sector banks and 19 private sector banks) and the figures are as on November 14

AGR impact: Banks nervous as losses mount for Vodafone Idea, Airtel

Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity

Banks turning their back on India Inc, focusing on lucrative retail lending

Slowing economy and higher tier-I capital requirement shifting focus to retail lending

Lenders may miss RBI's six-month deadline to approve debt-resolution plans

Resolution plans were to be implemented within 180 days from the end of the one-month review period

Biggest drop in power demand makes Indian banks' bad debt headache worse

Banks had about Rs 1.8 trillion ($25 billion) of stressed loans to India's coal-fired power generators as of last year

Urban cooperative banks' business size may be capped at Rs 20,000 cr

R Gandhi and Y H Malegam report to be the bedrock of new guidelines

Banks baulk at Rs 4,000-cr loan to Patanjali for Ruchi Soya acquisition

Say there's no corporate guarantee offered by parent firm for the loan

Most investors seem to have kept faith in the stock market in Samvat 2075

But banks and NBFCs continue to remain a cause for concern

World's most expensive bank cuts drinking water cost to trim expenses

Such stringent cost control is just an example of how the lender has managed to pare expenses and boost efficiency, wooing investors along the way

AGR verdict: Banks fear additional stress from telecom service providers

Intense competition among telcos had already impacted financial profile of firms and court judgment would now only add pressure to burden of paying interest and principal: Senior executive with SBI

Letter to BS: Banks should publish newsletters about financial performance

The Reserve Bank of India (RBI) as the central bank should tighten banking regulations for the staff and any deviation should be reported to the regulatory committee at the earlies

IBA rejects bankers' demand for five-day work week, sticks to 12% wage hike

The unions have been demanding a five-day work week since a long time