Banks can continue providing credit to NBFCs for on-lending to priority sectors: RBI The facility of lending by commercial banks to NBFCs and lending by Small Finance Banks (SFBs) to NBFC-MFIs, for the… 4 years agoMay 13, 2022
Carbon Neutrality by 2070: Banks must factor in climate risks Twenty-six of the 34 largest Indian banks have no disclosures on Scope 1 and 2 emissions. Only one has made… 4 years agoMay 13, 2022
As RBI hikes interest rates by 40 bps, how expensive will EMIs be for borrowers? India Ratings explains India Ratings said for a 15-year loan, a 50 basis points rate hike will increase EMI burden by upto 2.5… 4 years agoMay 9, 2022
75 districts to get digital banking units by July: Indian Banks’ Association The move is in sync with finance minister Nirmala Sitharaman’s latest Budget announcement to set up these units in 75… 4 years agoMay 6, 2022
Day after repo rate hike: Large banks raise rates BoB’s new repo linked lending rate is 6.9%, while ICICI Bank’s EBLR stands at 8.1%. Other major banks’ websites are… 4 years agoMay 6, 2022
Digital banking units in 75 districts likely to become operational by July As per the guidelines, DBUs of the banks will be treated as banking outlets and each unit needs to be… 4 years agoMay 5, 2022
Equitas SFB PAT rises 6% “The bank achieved its highest-ever disbursement in Q4FY22. The demand for credit has come back to normal levels. With improving… 4 years agoMay 5, 2022
Finance ministry asks state-run banks to raise capital from markets While credit flow has improved in recent months amid prodding by the government, bankers are yet to shun risk aversion… 4 years agoApril 22, 2022
DFS Secretary asks banks to soar up balance sheet; raise capital from market Manthan 2022 was held to brainstorm with the top leadership of public sector banks and unlock next-generation reforms while continuing… 4 years agoApril 22, 2022
Indian banks better their ranks in Asia; ICICI Bank in top 50 The three lenders together have an asset size of $1.2 trillion, which is 2.1% of the aggregate assets of the… 4 years agoApril 20, 2022
Strengthen banking mechanisms: A case for upgrading banks’ auditing The increasing digitalisation of banking services has facilitated auditing, but has thrown up complex challenges 4 years agoApril 15, 2022
HDFC merger’s domino effect: Fitch says HDFC twins deal could pave way for more banking M&A deals “The proposed merger could redefine the competitive landscape for banks, and increase the prominence of M&A among banks seeking to… 4 years agoApril 12, 2022
Uday Kotak suggests 1% rate hike in FY2023, presents roadmap for RBI to get to 0% real interest rate Kotak Mahindra Bank CEO Uday Kotak suggested that the central bank could raise rates four times this fiscal, with hikes… 4 years agoApril 11, 2022
Digital banking to reach India’s interiors: RBI unveils norms for banks to set up DBUs Any product or service which a bank is not permitted to offer shall not be offered by the DBU 4 years agoApril 7, 2022
Analysts expect banks to report 6-7% operating profit growth in Q4FY22 Slippages are likely to remain modest, and an improved trend in recoveries and upgrades would result in an overall improvement… 4 years agoApril 7, 2022
‘We’re seeing signs of a recovery — sector by sector, company by company’ In a conversation with Malini Bhupta, HSBC India’s CEO Hitendra Dave says he is looking to fortify the bank’s position… 4 years agoApril 1, 2022
RBI March bulletin: Transition to green energy may affect banks’ NPAs The exposure of the banking sector has so far been very limited to alternative sources of energy 4 years agoMarch 17, 2022
Public sector banks’ net written-off loans to large borrowers plunge This suggests a steady improvement in the financial status of public sector banks, who have largely cleaned up their books… 4 years agoMarch 16, 2022
