Page 57 of banking sector

Lenders must enforce loan recovery laws more strictly

Some bankers suggested a common pool of agents be set up under the umbrella of the Indian Banks Association which…

September 20, 2022 01:15 IST

banks, banking sector, banking industry, financial stability board, rbi,

Eye on ‘sustainable finance’: Banks to seek wider priority sector ambit

IBA to soon approach RBI with proposal

September 19, 2022 06:25 IST

indo russia trade, trade, banking sector, rupee trade

Bankers uneasy over risks around Re trade

“When banks from India raise money from foreign investors, they are implicitly signing up for no dealing with sanctioned entities…

September 19, 2022 06:10 IST

Nirmala Sitharaman, psb, Pradhan Mantri Mudra Yojana, Credit Enhancement Guarantee Scheme

FM Sitharaman to meet chiefs of state-run banks to review schemes for SCs

Financial services secretary Sanjay Malhotra, the chairman of National Commission for Scheduled Castes and senior finance ministry officials are expected…

September 19, 2022 03:45 IST

Indian Banks Association, use of Web3, artificial intelligence, nirmala sitharaman,

Customer convenience: Banks’ systems should talk to each other, says FM Sitharaman

Use of new technology will also aid in increasing the efficiency of banks to prevent fraud detection, unusual transactions and…

September 17, 2022 04:45 IST

IDBI Bank sale, IDBI Bank, IDBI Bank privatisation, IDBI Bank disinvestment

IDBI Bank sale to herald PSB privatisation: Tuhin Kanta Pandey

EoI for strategic disinvestment of the lender soon

September 15, 2022 01:45 IST

NBFCs turn around, likely to expand AUMs by 11-12% by FY23: Report

The sector saw a slowdown between FY20 and FY22 with their AUM growing at a modest 2-4%, rating agency Crisil…

September 13, 2022 07:36 IST

Ujjivan SFB opens QIP issue, sets floor price at Rs 21.93

The Bengaluru-based lender in February said it plans to raise Rs 600 crore by issuing shares on a QIP basis.

September 13, 2022 02:30 IST

bank credit growth, rbi rate hike, deposit growth

Bank deposits to rise, as credit growing, liquidity narrowing; RBI will likely continue rate hikes in FY23

Care Ratings in a report said that it expects an uptick in deposit rate to pick up as the credit…

September 11, 2022 09:24 IST

Digital lending rules designed to end regulatory arbitrage, protect customers, says RBI DG M Rajeshwar Rao

Speaking at an event organised by industry body Assocham, Rao said there was unbridled engagement of third parties, misselling, breach…

September 8, 2022 13:35 IST

Banks, banking sector, morgan stanley, capex, bank rating

Banks may see second phase of re-rating, says Morgan Stanley

Among the risks, the firm has listed a weaker-than-expected external demand weighing on growth acceleration, slower than expected acceleration in…

September 8, 2022 01:45 IST

psb, banking sector, banking privatisation, psb privatisation,

Former RBI governor D Subbarao suggests 10-year road map for privatisation of all public sector banks

The former RBI governor observed that at India’s current stage of development, the country should be using other instruments to…

September 7, 2022 17:54 IST

A capital concern

Domestic banks rely more on interest income, indicating greater dependence on the loan book and less on fee income.

Updated: January 10, 2023 14:33 IST

RBI seeks on-tap applications for second regulatory cohort

The central bank had earlier selected four entities for the test phase of the second cohort. Cashfree Payments India, Fairex…

September 6, 2022 01:45 IST

NJ Invest, SBI earn most in MF commissions in FY22

Anand Rathi Wealth’s commission grew 75% to Rs 173 crore during the year, the most among the top 10 earners.

September 6, 2022 00:31 IST

rbi, rbi governor, jackson hole, us fed, indian banks, banking

Banking system healthy enough to withstand external headwinds: RBI Governor Shaktikanta Das

The governor also forecast for better days on the inflation front, saying he expects the price index to cool off…

September 5, 2022 20:58 IST

Private banks, bankings sector, share of private lenders in disbursements

Data Drive: Private banks keen on SMEs

The share of private lenders in disbursements has increased in all segments, especially in the small and medium segments.

September 2, 2022 04:15 IST

This bank offfers upto 7.32% on FDs for general public and upto 7.82% for senior citizens for limited period

This bank offers upto 7.32% on FDs for general public and upto 7.82% for senior citizens for limited period – Check details

The interest payout options under this special offer are monthly and quarterly. Additionally, the customer can procure higher interest rates…

September 1, 2022 12:58 IST

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