Private Sector-banks

Showing of 1 - 20 from 24 results
Private Sector-banks - Total results - 24
RBI governor meets bank chiefs; reviews execution of measures aimed at reducing financial stress
Business

RBI governor meets bank chiefs; reviews execution of measures aimed at reducing financial stress

The RBI governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period.

SBI sends wrong signals by lowering savings interest rates on deposits in excess of Rs 1 lakh
Business

SBI sends wrong signals by lowering savings interest rates on deposits in excess of Rs 1 lakh

SBI has latched onto repo rate whereas in all fairness the parameter banks must hook themselves onto is the spread----difference between the average lending rate and the average deposit rates

Banking services partially hit on second day of strike; SBI, private banks operations remain unaffected
Business

Banking services partially hit on second day of strike; SBI, private banks operations remain unaffected

All India Bank Employees' Association and Bank Employees' Federation of India have supported the strike, which has impacted banking operation where these two unions are strong.

Central bank’s MSME loan recast to help lower lenders' credit cost; move to improve fund flow to sector: Report
Business

Central bank’s MSME loan recast to help lower lenders' credit cost; move to improve fund flow to sector: Report

The report, however, said the restructuring scheme may encourage some MSME borrowers, who are otherwise operating satisfactorily, to opt for the scheme and thus impair the credit discipline.

Bank credit rises 15.11% to Rs 92.87 trillion, deposits grow 9.22% to Rs 118.18 trillion
Business

Bank credit rises 15.11% to Rs 92.87 trillion, deposits grow 9.22% to Rs 118.18 trillion

Credit growth on a year-on-year basis improved across bank groups between March and September 2018, largely driven by the private sector banks

LIC-IDBI Bank deal: Five questions the state-run insurer should answer while betting big on a zombie bank
Business

LIC-IDBI Bank deal: Five questions the state-run insurer should answer while betting big on a zombie bank

LIC is taking off some burden from the government that is saddled with capital-hungry zombie banks. But, what does the deal really mean for LIC?

ICICI Bank's mortgage portfolio crosses Rs 1.5-trillion; lender aims to grow home loan book to Rs 2 trillion by FY20
Business

ICICI Bank's mortgage portfolio crosses Rs 1.5-trillion; lender aims to grow home loan book to Rs 2 trillion by FY20

ICICI Bank's mortgage book is half of its Rs 3 trillion retail assets, which constitute 52 percent of its total assets of $172.5 billion, Anup Bagchi, executive director of the bank said

ASSOCHAM calls for privatising PSBs, says crisis in Indian banking sector should be used as an opportunity
Business

ASSOCHAM calls for privatising PSBs, says crisis in Indian banking sector should be used as an opportunity

The 'crisis' in Indian banking sector, particularly in the public sector space, should be used as an opportunity to privatise banks, ASSOCHAM said

Next wave of dud loans to emanate from SMES, warns Uday Kotak; calls upon peers to monitor underbelly of credit market
Business

Next wave of dud loans to emanate from SMES, warns Uday Kotak; calls upon peers to monitor underbelly of credit market

Uday Kotak warned that there is more pain lurking with lenders from SMEs and called upon his peers to look more closely at this underbelly of credit market

PNB scam: India is better off with inefficient PSBs than private sector's greed that led to global financial crisis
India

PNB scam: India is better off with inefficient PSBs than private sector's greed that led to global financial crisis

While debating over the privatisation of public sector banks, we must remember that India was cushioned from the 2007-08 global financial crisis because public sector banks commanded about 70.5 percent market share in the country

State Bank of India expects loan demand to rise with govt's infra spending push
Business

State Bank of India expects loan demand to rise with govt's infra spending push

In recent months, the finance ministry has said it wants to boost spending on sectors such as infrastructure, including ports and roads, to boost economic growth.

FDI in banking is a limited game, public sector unions are tough cookies but markets seem irrationally exuberant
Business

FDI in banking is a limited game, public sector unions are tough cookies but markets seem irrationally exuberant

This is hardly the time for FDI in banks as public sector banks are wading through a serious problem of bad loans and insolvency resolution

Mutual funds flush with liquidity: Pharma, IT stocks struggling, but fund managers ready to take contrarian bets
Business

Mutual funds flush with liquidity: Pharma, IT stocks struggling, but fund managers ready to take contrarian bets

Domestic fund managers have been making changes to their portfolios with changes in the economic landscape

Jaitley should spare zombie banks from dividend payments until they pass tough phase
Business

Jaitley should spare zombie banks from dividend payments until they pass tough phase

Govt should give up dividend receipts at least until state-run banks tide over the tough phase

Tapping market may not solve public banks' capital woes: An MF exec explains why
Business

Tapping market may not solve public banks' capital woes: An MF exec explains why

Patil is bullish on sectors that have domestic focus such as auto, but advises retail investors to be cautious while picking up stocks

Results decoder: Kotak Bank good show as provisions fall; South Indian sees stress
Business

Results decoder: Kotak Bank good show as provisions fall; South Indian sees stress

Private banks have gained in the recent quarters with their increased focus on low-risk retail lending and gains from their investment portfolios.

75% of Jan Dhan accounts empty: Modi's pet scheme may be missing its objective
Economy

75% of Jan Dhan accounts empty: Modi's pet scheme may be missing its objective

Clearly, the burden is on state-run banks. Through Jan Dhan, Modi is using state-run banks to gain political mileage

PSU bank staff strike: Govt should find a solution and end the IBA, union drama
Economy

PSU bank staff strike: Govt should find a solution and end the IBA, union drama

So far, there has not been any meaningful intervention from the government in resolving the wage issues in the public sector banks

Former CVC is right: There is a cancerous growth in Indian banks - hidden NPAs
Biztech

Former CVC is right: There is a cancerous growth in Indian banks - hidden NPAs

The problem with the cancer is, if left undetected, it lives merrily with the victim for a considerably long period, before manifesting one day with its full might

Jan Dhan Yojana: Banks gear up to lend Rs 1.65 lakh crore through overdraft faclity
Finance

Jan Dhan Yojana: Banks gear up to lend Rs 1.65 lakh crore through overdraft faclity

Under the scheme, the first major policy announced by the Modi government since coming to power, accounts holders are given a free debit card and an overdraft of Rs 5,000, provided they manage to show some transaction within six months.<br />