Bankers

Given the sharp correction in equities and a drop in the flow of money to mutual funds, some banks have started seeing a return of depositors

Indian banks' loan growth has moderated for six straight months through December as the liquidity constraints forced lenders to focus on boosting deposits, instead of issuing credit

IFSCA, Sebi hold talks to boost bankers' presence and direct listing at IFSC

Economists are of the opinion that given the prevailing liquidity conditions, the RBI should prioritise liquidity management over rate cuts

The closed-door meetings and their details, which have not been reported previously, mark a strategic change for China after it framed rules for offshore fundraisings in March 2023, tightening

An FCNR (B) account lets customers maintain a fixed deposit in India in freely convertible foreign currencies for a tenure ranging from one to five years

The Reserve Bank of India's aggregate short foreign currency in forwards and futures position jumped three-fold to $49.2 billion from September to October, official data showed on Friday

Rural households are increasingly depending on borrowed money to meet everyday consumption needs, a practice that is not sustainable in the long run

Many bankers are complaining about deteriorating credit culture. The villain is farm loan waivers, often a promise of political parties ahead of elections

MTNL and RINL aren't good stories, particularly when both lenders and investors are getting their appetite for the infrastructure sector back

Having achieved success in improving access to banking services, there is a need to improve the usage of facilities, Reserve Bank Deputy Governor Swaminathan J has said. The career commercial banker-turned-central banker exhorted bank officials to know their districts very well in the pursuit of the aim. "India has made significant strides in enhancing 'access' to banking and financial services, reaching even the most remote areas. However, there is still considerable ground to cover in deepening financial inclusion. This requires greater focus on promoting 'usage' and improving the 'quality' of services," he said. Addressing the Conference of Lead District Managers and District Development Managers in Hubballi last Friday, Swaminathan said it is imperative for bankers to follow the maxim of "know your district well" by having a deep understanding. The district profiles should include detailed demographic information, agricultural trends, banking penetration and activities, industr

JPMorgan Chase & Co. will limit junior banker hours to 80 per week in most cases, according to a person with knowledge of the matter

Higher frequency of credit data reporting is a win-win for credit bureaus, borrowers and lenders

Mumbai-based HDFC's wealth business has about 800 relationship managers serving customers in about 100 cities and towns

7-Eleven parent Seven & i Holdings Co. soared Monday after saying it's received a takeover proposal from the owner of Circle K

The stance can be changed, and if that doesn't happen, the hawkish underdone will not continue

HSBC is known for its wealth prowess across Asia, but it's long lagged Swiss rivals like UBS Group AG in the Middle East

Nomura has built out a dedicated team to tap into Asian markets, hiring more than 70 private bankers over the past three years

Barring few, most banks have shown a drop in the low-cost CASA. Ditto their net interest margin. The credit quality is holding up, but some banks have reported fresh slippages

The hottest conversation topic on every bank's treasury floor is internationalisation of the rupee