Bank RoAs to dip by 10-20 bps this fiscal despite repo rate cuts, says Crisil – Here are key factors at play
IIFL Finance aims at raising Rs 20,000 crore in Fiscal Year 24 As on March 31, IIFL Finance’s total borrowings stood at `39,604 crore. By Ajay RamanathanJune 12, 2023 01:45 IST
FY24 to be golden year for Punjab National Bank: MD During 2022-23 the bank initiated more than 35 digital journeys, including different RAM segments and opening new accounts under CASA… By PTIJune 11, 2023 19:01 IST
Unlocking local business opportunities in BFSI, with digital technologies Digital technologies have revolutionized the sector by enabling BFSI players to provide more convenient and personalized services to their consumers. By GuestJune 10, 2023 14:50 IST
Impact of First Loan Default Guarantee | Explainer: The RBI’s FLDG fillip to borrowing The Reserve Bank of India (RBI) has allowed the use of Digital Lending Guarantees (DLG) or FLDGs as they are… By FE BureauJune 10, 2023 02:30 IST
FLDG to deepen partnerships between lenders and fintechs The Reserve Bank of India’s (RBI) decision to permit first loss default guarantee (FLDG) arrangements will lead to more partnerships… By Ajay RamanathanJune 10, 2023 02:00 IST
HDFC Bank to keep home loans as focus of growth strategy post merger: Sources The pace of growth in home loans will broadly mirror growth seen in HDFC’s home loan portfolio, the official said,… By ReutersUpdated: June 9, 2023 12:52 IST
RBI permits FLDG between fintechs & banks, NBFCs Subject to certain guidelines, the RBI has decided to permit arrangements between regulated entities and lending service providers or between… By Ajay RamanathanUpdated: June 9, 2023 08:54 IST
RBI issues framework for compromise settlements Regulated entities shall put in place board-approved policies for undertaking compromise settlements with the borrowers as well as for technical… By Ajay RamanathanUpdated: June 9, 2023 08:18 IST
Fifty per cent of Rs 2,000 notes back with banks: RBI Governor Shaktikanta Das He said broadly on a provisional basis, about 85% of Rs 2,000 notes are coming back as deposits into bank… By Piyush ShuklaUpdated: June 9, 2023 07:18 IST
Banks to be given ample time to implement ECL model: Shaktikanta Das The Reserve Bank of India’s (RBI) monetary policy committee (MPC) on June 8 voted to keep benchmark repo rate unchanged… By Piyush ShuklaJune 9, 2023 00:05 IST
RBI relaxing borrowing limit in interbank call market no ‘game changer’: Traders Banks can currently borrow all of their capital funds on a daily average basis in a reporting fortnight, and 125%… By ReutersUpdated: June 8, 2023 15:22 IST
Cooperative banks will soon be able to do compromise settlements, write-offs on NPAs: RBI Governor Shaktikanta Das To further facilitate orderly development of the digital lending ecosystem and enhance credit penetration in the economy, the RBI has… By PTIUpdated: June 8, 2023 14:25 IST
‘The target is to disburse Rs 90K-cr digital loans in current fiscal’ Public sector major Bank of Baroda (BoB) is targeting disbursal of Rs 90,000 crore in digital advances in FY24, chief… By Piyush ShuklaUpdated: June 8, 2023 09:24 IST
Kerala High Court’s ruling on education loans leaves banks in a bind Bankers said the performance of education loans across the banking system has historically been poor. By Piyush ShuklaJune 8, 2023 01:05 IST
Bank bond issuances may fall as liquidity improves: ICRA Tier-I and additional tier-I bond issuances are expected to fall below the 2022-23 levels partly due to lower scheduled call… By Ajay RamanathanJune 8, 2023 01:00 IST
NBFC unsecured personal loan sanctions fall 15% Unsecured personal loan sanctions of non-banking financial companies fell 15% year-on-year in the March quarter, data released by the Finance… By Ajay RamanathanJune 7, 2023 03:15 IST
RBI draining liquidity signals its intent to quash inflation RBI said Tuesday it will drain 750 billion rupees ($9.1 billion) from the banking system via a reverse repo auction. By BloombergJune 6, 2023 15:39 IST
RBI panel moots a host of customer-centric initiatives The committee has also suggested measures for the benefit of pensioners. By Piyush ShuklaJune 6, 2023 02:30 IST
Namma metro Pink Line: Six-acre commercial complex planned above Nagawara station with co-working spaces, malls
Red yellow green: Kota became the first Indian city to be traffic signal-free. Can the model be emulated?
Ex-Brazil President Bolsonaro arrested days before 27-year jail term over fears he planned to flee country
