Page 2 - Private Sector Banks

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

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.