Private Sector Banks
Recent Highlights
All Stories for Private Sector Banks
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
•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
Dinesh Unnikrishnan123 •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
Milind Deora •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
•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
Narayanan Madhavan •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
Kaustubh Belapurkar •Domestic fund managers have been making changes to their portfolios with changes in the economic landscape