Page 3 - Private Sector Banks

HDFC Bank lends Rs 10,800 crore in June quarter; advances grow 21%

The Bank's advances expanded by 21 per cent, on year on year basis, to approximately Rs 10,04,500 crore as of June 30, 2020

PSBs lead in disbursing loans to MSMEs under credit guarantee scheme

The bulk of the disbursed amount -about two-third- was contributed by public sector banks.

Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman

Govt likely to issue clarification to add more borrowers under ECLGS

RBI sets up panel to review corporate structure of private sector banks

The RBI said it was doing so to align regulations to meet the requirements of a dynamic banking landscape

Foreign portfolio investors to pick up $300-million stake in YES Bank

The FPIs are in advanced talks with an Indian bank to act as a custodian.

Franklin Templeton gave Rs 518 cr loan to YES Capital

Schemes among the six wound up by the fund house had given the loan crore against non-convertible debentures (NCDs) to the firm in March 2019, according to ED's chargesheet

Huge scam in YES Bank for many years, says Enforcement Directorate

Rana Kapoor's wife also charged with abetting crime

DCB Bank's profit before tax declines 37.6% to Rs 93.84 crore in Q4

Net profit for the financial year ended March 31, 2020 (FY20), stood at Rs 337.25 crore, up marginally from Rs 325.37 crore in FY19.

PSBs report sharp rise in deposits thanks to YES Bank, Franklin fiasco

Last financial year saw a series of banks failures starting with Punjab & Maharashtra Co-operative Bank and culminated in near collapse of YES Bank, India's 5th-largest private sector bank at its peak

Stimulus 2.0: Banks will monitor solvency, guarantees cool credit risk fear

While the issue of providing liquidity to existing borrowers who are sapped of revenues has been addressed, banks will have to undertake due diligence on the solvency of units, said bankers.

Lockdown 3.0: Banks may need more regulatory support amid Covid-19 crisis

With credit cost expected to increase by 200-350 bps across banks, asset quality may deteriorate to FY18 levels

MSME sector's bad loan ratio at 12.5% as of January, shows report

NPA level of public sector banks has increased from 18 per cent in December 2018 to 19 per cent in December 2019

RBI moratorium: 10% provisioning may shave Rs 35,000 cr off bank profits

Banks will have to categorise the moratorium loans as special mention accounts (SMA) wherein loans are in the 0-90 days overdue buckets

Covid-19 outbreak, YES Bank rescue make small banks vulnerable: Moody's

Public trust in public sector banks will remain strong, underpinned by a perception of strong government protection for them, Moody's said

Public sector banks overtake private banks in fresh loan sanctions

Private sector lenders have been leading on this front for some time, mostly leveraging on retail credit.

Best of BS Opinion: YES Bank fallout, Data Protection Bill, and more

Business Standard Opinion pieces for the day talk YES Bank's fallout, Data Protection Bill among other issues.

Reserve Bank governor Shaktikanta Das to hold meet with bank CEOs today

One of the issues that will come up for review is how much transmission of policy rate actions to the final customer has happened.

Letter to BS: Can private banks offer services at affordable prices?

It is time half-hearted measures to improve the functioning of the urban co-operative banks (UCBs) end

Telangana banks' advances grew 0.37% to Rs 1,966 cr in first half of FY20

Total advances by all sources - public sector banks, private sector banks and co-operative banks rose to Rs 53,5840.18 crore in September 2019 from Rs 5,33,874,07 crore in March, 2019.

Banks likely to take more loan write-offs due to weak recovery prospects

Resolution delays coupled with rising provision cover on large legacy bad loans (nearing 90 per cent) could mean that loan write-offs will continue to be high, particularly for state-run banks