SEARCHED FOR:REGULATORY CAPITAL BANKS
Irdai panel suggests reducing entry-level capital requirement for micro-insurance companies
The committee set up by the Insurance Regulatory and Development Authority of India (Irdai) to suggest steps to promote micro-insurance said that like other nations India too will need to attract multiple players if it wants to substantially increase insurance penetration.
Will RBI’s relaxed loan-to-value rules make home loans cheaper?
According to RBI, retail housing loans will attract a risk weight of 35 per c...
Banks sanction Rs 1.35 lakh cr concessional loans to 1.5 cr KCC card holder farmers
As part of the Aatmanirbhar Bharat Package, the governmen...
Crisis-ridden Lakshmi Vilas Bank's capital requirement may have spiked post-Covid
The debt-laden Chennai based lender may need as much as Rs 2,500 crore in fresh funds to survive and grow, higher than the Rs 1500 crore assesment done earlier this year as the hole in the bank's balance is bigger than expected.
Changes in banking regulation law aimed at improving governance in cooperative banks: FM
Moving the Banking Regulation (Amendment) Bill, 2020 in the Lok Sabha, Sitharaman said the government was compelled to come out with an ordinance during the lockdown period as the condition of the cooperative banks was "grave".
India Inc rushed for commercial papers on revival signs
CPs are short-term debt instruments with maturities of up to 12 months generally. Besides non-banking finance companies, manufacturing and services companies are permitted to sell CPs.
Finmin may review capital requirement of PSU banks after second quarter
The finance ministry may assess the capital requirement of public sector banks after the September quarter as there would be greater clarity about a spike in bad loans by that time.
Axis Bank's JV deal with Max Life hits yet another regulatory wall
As reported first by ET on July 27, the share purchase agreement between Axis Bank and Max Financial didn’t get RBI nod as it flouted the para banking guidelines of the central bank.
Indiabulls Housing raises Rs 630 cr by selling another stake in OakNorth
Indiabulls Housing Finance has further sold a portion of its stake in OakNorth Holding, the wholly owning parent company of OakNorth Bank to TEMF, a fund managed by Toscafund Asset Management, the company said in a release.
PSBs will need capital of up to Rs 2 lakh crore over next 2 years: Moody's
About a half of it would be required to build loan-loss provisions for about 70 per cent of non-performing assets (NPA).
Indian banks need to raise Rs 50,000 crore in FY21 to absorb credit cost: India Ratings
The public sector banks as a group will alone need to raise 60 per cent of it, or Rs 30,000 crore, India Ratings & Research said.
There is going to be a significant capital requirement in Indian banking sector: Uday Kotak
‘Policy decisions will decide how India performs in the medium term’
LVB board to meet on October 15 to consider rights issue
"A meeting of the board will be held Thursday, October 15, 2020 to consider and approve the issue of securities of the bank to existing shareholders of the bank on rights issue," it said in a regulatory filing.
Banks need to raise capital on anticipatory basis: RBI Governor Shaktikanta Das
"In such a situation, it has become a lot more important that the banks have to improve their governance, sharpen their risk management skills and banks have to raise capital on an anticipatory basis instead of waiting for a situation to arise. "Proactively, it is necessary for both public and private sector banks to build up adequate capital buffers," Das said at SBI's banking and economic conclave.
What’s driving Zee turnaround in investor perception
The stock logged nearly 47 per cent gain in August, putting up its best monthly show in at least 10 years, but is still down 27 per cent for the year to date.