Banking & Finance RBI deputy governor asks UCBs to sharpen governance, risk management Banking & Finance
Union Bank of India hikes MCLR by 15 bps The bank has set the shorter-term MCLR in the range of 7.15-7.70% while two-year and three-year MCLR is set at… By FE BureauOctober 13, 2022 00:45 IST
AU Small Finance Bank hikes FD rates by 60 bps The increased rates have come to effect from October 10, 2022. By PTIOctober 12, 2022 14:26 IST
Investment banking fees in India fall 23 pc to USD 668.4 mn in January-September: Report Completed M&A advisory fees fell 17.8 per cent year-on-year to USD 252.1 million, while loan syndication fees declined 6.2 per… By PTIOctober 12, 2022 11:08 IST
RBI issues consolidated guidelines on unhedged foreign currency exposure These losses may reduce their capacity to service the loans taken from the banking system and increase their probability of… By PTIOctober 11, 2022 19:59 IST
IDBI Bank sale: Corporates cannot be bidding consortium members due to RBI norms Last week, the government along with Life Insurance Corporation (LIC) invited Expression of Interest (EoI) for selling 60.72 per cent… By PTIOctober 11, 2022 18:06 IST
Incremental credit at 13-year high in August: Report Housing loans, with a share of 49.0% within retail, grew 16.4% in August, compared with 11.6% in the year-ago period. By FE BureauUpdated: October 11, 2022 03:22 IST
Credit ratings without lenders’ info cannot be used by banks for capital computation: RBI Since rating agencies are not making the above disclosure, none of the banks shall reckon the said rating, and therefore… By PTIOctober 10, 2022 22:24 IST
Bank of Maharashtra raises lending rate by 20 bps; EMIs to become costlier The benchmark one-year MCLR will be 7.80 per cent from Monday, as against 7.60 per cent. By PTIOctober 10, 2022 14:18 IST
‘Oonjals’: South Indian Bank sets world record South Indian Bank MD and CEO Murali Ramakarishnan along with its group business head Thomas Joseph K received the World… By PTIOctober 9, 2022 19:38 IST
No material impact of rate hike on demand for home loans; home loan outstanding of banks doubles in last 5yrs Noting that the RBI has raised the repo rate by 190 basis points in the current fiscal, Das said the… By PTIOctober 9, 2022 17:41 IST
IDBI Bank bidders need to seek MHA security clearance in the first stage of bidding process This meant that bidders who qualified in the first or the Expression of Interest (EoI) round, were required to seek… By PTIOctober 9, 2022 14:39 IST
SBI lines up NPAs over Rs 746 cr for sale in Oct-Nov The auction of NPAs will include accounts of Sintex BAPL with an outstanding of Rs 197.74 crore; Surat Hazira NH6… By PTIOctober 9, 2022 13:41 IST
Bandhan Bank’s collection efficiency increases to 97% CASA (current account, savings account) ratio at the end of the second quarter fell to 40.8% as compared to 44.6%… By FE BureauOctober 9, 2022 05:00 IST
Bandhan Bank’s collection efficiency rises to 97 per cent The bank’s CER stood at 96 per cent at the end of the first quarter of the 2022-23 financial year. By PTIOctober 8, 2022 18:35 IST
Bandhan Bank loans, advances rise 22 pc to Rs 99,374 cr in Sep qtr of FY23 Total deposits of the private sector lender rose by 21 per cent to Rs 99,365 crore at end of September… By PTIOctober 8, 2022 14:15 IST
Govt invites EoIs for stake in IDBI Bank, to offload 60.72% The Centre’s disinvestment receipts so far this fiscal year have been Rs 24,544 crore, as against the annual target of… By FE BureauOctober 8, 2022 06:15 IST
Govt invites bids for IDBI Bank privatisation; Govt, LIC to sell 60.72 pc Currently, Life Insurance Corporation (LIC) holds 529.41 crore shares representing 49.24 per cent stake in IDBI Bank, while the government… By PTIOctober 7, 2022 17:32 IST
Banks to post good earnings growth in Q2 Importantly, the growth in advances, during the September quarter, has been broad-based and not as skewed towards retail loans as… By FE BureauOctober 7, 2022 06:05 IST
