Page 6 - Abhijit Lele

Bank bond issuance likely to touch Rs 1.2 trn level in FY25 : Report

Infrastructure to command about 66% share in issuance, according to ICRA

Credit costs of MFIs likely to go up to 3-3.5% in FY25: CRISIL Ratings

The asset quality of the microfinance portfolio deteriorated in Q1 FY25 as the heatwave across the country adversely impacted the income of borrowers and collections

Punjab Sind Bank to raise upto Rs 3K cr via Infra bonds, appoint bankers

Set to appoint merchant bankers for proposed QIP

CARE Ratings downgrades IIFL Finance's long-term instruments to "AA-"

The rating agency, in a statement placed on its website, said the assets under management (AUM) of IFL's gold business shrunk to Rs 14,727 crore as of June 30, 2024

NRI deposits witness $5.82 billion inflows in April-July 24, shows RBI data

The NRI deposit schemes include foreign currency non-resident (FCNR) deposits, non-resident external (NRE) deposits, and non-resident ordinary (NRO) deposits

Net FDI in India rises to $5.5 billion in Apr-Jul 24, shows RBI data

Major source countries were Singapore, Mauritius, the Netherlands, US, Belgium and Japan

Banks take securitisation route for liquidity, lower credit deposit ratio

Rating agency ICRA estimates Rs 45,000 crore to Rs 50,000 worth of securitisation and direct assignment deals in the July-Sep quarter

Banks to play key role in making India developed nation: FM Sitharaman

She said that banks cannot have a digital system that gets hacked somewhere, compromising the entire system and the trust placed in it

Casa ratio of banks may fall to pre-Covid level: SBI chief CS Setty

But Setty says SBI will hold on to current share by tapping small businesses

IRB InVIT to raise Rs 2,667 crore via term loans to refinance existing debt

Post refinancing, roads SPVs to be free of external debt

Indian companies file ECB plans worth $3.58 billion in July 2024

According to RBI data, among the prominent firms which have filed intent are ONGC Videsh Ltd for $800 million to be raised from an overseas branch of an Indian commercial bank

Jan-Dhan accounts: A new option for state-owned banks to mobilise deposits

Following this, many banks are exploring previously untapped areas to mobilise deposits while choosing not to engage in an interest rate war

Outward FDI increases to $3.2 billion in August 2024, shows RBI data

Equity commitments more than double Y-o-Y to $1.14 bn

SBI's cost to income ratio to dip to 54-55% in two years, says S&P

Agency affirms bank's 'BBB-/positive' issuer rating

Private sector needs to step up infrastructure investment: DFS secy

India needs to spend 8-10 per cent of Gross Domestic Product (GDP) on infrastructure for sustaining high single digit growth rate over next couple of decades

Banks plan to ring in festival-season offers with a note of caution

Post-Covid pent-up demand over, lenders to stay careful as personal loan delinquencies on the rise

Time for fintech NBFCs to revisit business models, says India Ratings

Tight liquidity, signs of stress weighs on business

Textiles, infrastructure sector may see high NPA levels: Ficci-IBA survey

Bankers said these sectors stand out from the overall trend

NIIF IFL to tap family offices to issue Rs 1,500 cr preference shares

It's also gearing up to secure up to Rs 3,500 crore through non-convertible debentures

Banks to set up a Unified Recovery Interface to enhance efficiency

IBA mulls special apprenticeship scheme for banking sector