Finance News - Page 3

PM Modi’s call to India Inc to take risks may fall on deaf ears; ball in govt's court

There is a lot more work to be done before private investors stick their neck out in the game

Why does India have only two ‘too-big-to fail’ banks? Moody’s raises a valid question

If one goes by the size and number of subsidiaries/branches, Bank of Baroda is bigger than ICICI

US Fed more likely to opt for QE4 than a rate hike - and here's why

The Austrian School of Economics predicts that America's economic woes cannot be ended with more liberal and free money. But that is exactly what the US Fed may end up doing for fear of another economic collapse.

A slowing world is an opportunity, only if Modi can set the house in order and push reforms

If the government acts with urgency and push ahead the reform promise, a slowing world is a big opportunity for India to consolidate its position emerging stronger out of the crisis

Tough challenges await Chandrashekhar Ghosh's Bandhan in its commercial bank avtaar

Perhaps, it would have made more sense if Bandhan chose to become a small finance bank, since such an entity perfectly fits into the stated scope and objectives of the organisation

Some PSU banks are dead ducks: Modi has to rethink his aversion to the P-word

Competition is set to intensify for public sector banks, and some of them will be dead ducks unless the Modi government either privatises or downsizes them to become narrow banks

Take note: From September banks will remain shut on 2nd and 4th Saturdays

This will be a big relief to employees and staff unions hope it will improve the productivity

Payments banks: Not corporate biggies but India Post will emerge the dark horse in race for market

Since payments banks do not require huge amount of capital, India Post will not have to struggle much to seek the capital assistance from the finance ministry

It is a big deal. Why payment banks will change the banking game for you and me

When the big boys - from Reliance to Birlas to Mahindras to the big telcos like Airtel and Vodafone - enter the picture, surely it is a big deal. Yes, payment banking will revolutionise Indian banking

What Indradhanush missed: Govt's revival plan for public banks should address NPA woes

The government should act on these three points if banks’ NPA problems need to be addressed effectively.

No more, says Finance Ministry after hiring private professionals to head two public banks

Having appointed private sector professionals to head two large public sector banks (PSBs), the Finance Ministry said further such hiring of CEO and managing directors in banks would be from existing public sector talent pool.

SBI April-June earnings: Fresh slippages will continue as economy continues to struggle

The June quarter earnings announced by other state-run banks too indicate continuing stress on the asset quality front

Dr Rajan, it's time for the RBI itself to buy gold - as Subbarao did in 2009

The fall in global gold prices is an opportunity for the RBI to buy gold for its reserves. The same logic that applied in 2009, when it bought gold from the IMF, applies now.

Banks see a rise in delayed payments: Another big NPA shocker may be in the making

Banks are in a difficult position due to their state of asset quality and poor economic conditions; it will be better to show NPAs as NPAs as early as possible and come clean

What new debt recast numbers reveal: No more free lunch to crony promoters

The reduction in June CDR numbers no way indicates that the underlying stress in the books of banks have eased miraculously

Rajan's message to banks: For small borrowers to benefit, cut rates deeper

Rajan's message in RBI policy: For small borrowers to benefit, banks should cut rates deeper

PSBs to get Rs 70000 cr: A good start, but Jaitley should move to plug the leaking pot

The Rs70,000 crore infusion certainly offers a breathing space for PSBs to clean up their balance sheets

ICICI may be facing asset quality headwinds; Ambit flags off risky exposure to single company

ICICI Bank has an exposure of Rs 5,780 crore to debt-ridden infrastructure firm, J P Associates

Surging bad loans: Govt is worsening the problem by delaying public bank funding

The survival of state-run banks in the long-term is inevitably linked to the government’s willingness to cut stake in public banks and letting these banks raise capital

Hidden NPAs bigger threat than declared ones; kudos to Rajan for calling a spade a spade

The practice of covering up bad loans has come down after Rajan took away the leeway to push bad loans into restructured basket. Banks are now more cautious

NPA woes: Punjab National Bank identifies 400 wilful defaulters, to sell Rs 3000 cr bad loans

Reining in NPAs: Punjab National Bank to take over debt-heavy steel cos, sell them

HDFC Bank earnings: What public banks (and Jaitley) should learn from private peers

It would be useful for the government to plug the holes while doing it math on bank recapitalization, so that the taxpayers’ money is spent wisely

With drought looming, political pressure builds up on banks to raise farm lending

Distressed farmers indeed need support, but repeatedly pushing banks to meet farm credit targets, without assessing the risk, is a perfect recipe to create a farm loan bubble.

New foreign investment rules: Bankers confused over sectoral limits

O P Bhatt, former SBI chairman, sees merit in de-linking subsidiaries from parent

the bank is unlikely to face any major opposition from such an exercise from employee unions since unions themselves have demanded total de-linking of the arms