The RBI governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period.
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
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
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.
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
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
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
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
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
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
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
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
Domestic fund managers have been making changes to their portfolios with changes in the economic landscape
Govt should give up dividend receipts at least until state-run banks tide over the tough phase
Patil is bullish on sectors that have domestic focus such as auto, but advises retail investors to be cautious while picking up stocks
Private banks have gained in the recent quarters with their increased focus on low-risk retail lending and gains from their investment portfolios.
Clearly, the burden is on state-run banks. Through Jan Dhan, Modi is using state-run banks to gain political mileage
So far, there has not been any meaningful intervention from the government in resolving the wage issues in the public sector banks
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
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 />