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View: Banking sector may meet telcos' fate. Here's how to avert it
The telecom story can be a precursor to other sectors, especially banking and financial services.
Banks sanctioned Rs 5,350 cr to cos in West Bengal as emergency loans: Official
Public and private sector lenders have sanctioned the loans u...
Big business houses may be allowed to set up banks
A Reserve Bank of India (RBI) working group has suggested that big business houses be allo...
RBI may offer more relief to stressed sectors
Banking sources said discussions are under way on the possible relief steps.
Bank NPAs may rise 4 percentage points due to Covid pandemic: Reserve Bank of India
In its bi annual financial stability report (FSR) released on Friday RBI assumed a contraction of GDP by 4.4%, gross fiscal deficit of 10.9% and consumer price inflation of 4.1% as the base case scenario.
Large corporates may be allowed as promoters of banks: RBI Internal Working Group
The Internal Working Group (IWG) was constituted on June 12, 2020 to review extant ownership guidelines and corporate structure for Indian private sector banks.
Valuation improving for banks as Covid impact eases out: Report
Banks on a strong footing as NPAs remain under control and fee income revives
Banks need to step up lending to businesses: KV Kamath
As India’s border dispute with China spills over to economic and business activities, Indian businesses should indigenise as they have acquired enormous capacity in the past decade, he said.
Non-banking finance companies seek special fund for small and medium-size peers
Non-bank lenders are also seeking that banks be advised to show leniency towards the financial covenants related to profit and loss accounts along with a carve-out for small and medium NBFCs in the sectoral caps prescribed for the segment.
Borrowing costs for India’s shadow banks retreat after RBI move
The scores attached to each of the indicators have been calculated by Bloomberg by normalizing the deviation of the latest value of the indicator from its yearly average.
Banks' YoY credit growth at 6.7 per cent remains subdued in June
The slowdown in disbursement of new credit in this period has been attributed by bankers to challenges in conducting origination activities, lack of clarity in moratorium extension and risk averseness amid tell-tale signs of stress across sectors.
UCO Bank Q1 results: Net profit rises to Rs 21.5 cr on lower bad loan provisions
Its total income in April-June 2020 fell slightly to Rs 4,436.57 crore from Rs 4,446.61 crore in the same period of 2019, the bank said in a regulatory filing.
Lessons retail investors can learn from Lakshmi Vilas Bank affair
When the cycle turns, then the most risky stocks could be good bets but that is one thing which you should never do in financials, says Sandip Sabharwal.
Lakshmi Vilas Bank depositors' money safe, says RBI-appointed administrator
Talking to reporters, Manoharan said that he was confident of the timely merger of the bank with DBS Bank India before the December 16 deadline.
Lakshmi Vilas Bank shares hit 20% lower circuit for second straight day
Lakshmi Vilas Bank shares declined to Rs 9.95 against the previous close of Rs 12.40