Page 2 - Somasroy Chakraborty

HDFC Bank, SBI now among top 50 most-valued global banks

Sharp rally in their stocks propel rankings; 4 Chinese banks figure among top 10

Lower rates unlikely to translate into higher demand for bank credit

Borrowers may continue to wait hoping for rates to fall further

Accumulated losses of DCB Bank will be entirely absorbed by March 2015: Murali M Natrajan

Interview with MD & CEO, DCB Bank

Market share gain for private banks seen accelerating sharply

State-run banks still dominate banking system with a market share of 72.1% at end of March, 2014

Govt's stake dilution may not solve PSU banks' capital needs: RBI deputy governor

Says PSU banks must increase participation in the financial markets

Country's credit card base nears 20 million

E-commerce boom, more acceptance of plastic money driving growth; bankers say asset quality will not suffer this time

Non-cooperative borrower tag to serve as warning to defaulters

But may not lead to improvement in loan recoveries, say experts

Kingfisher case shows why India needs strong debt recovery laws

The Calcutta High Court's judgement on Kingfisher's wilful defaulter tag highlights the difficulties faced by banks in recovering unpaid loans

RBI's upper age limit of 70 for private bank CEOs may not be good news for everyone

Many say the move to set an upper age limit for the chiefs of private banks ensures continuity of leadership, which will benefit banks

Kingfisher not a wilful defaulter, says HC

Calcutta HC dismisses United Bank of India's decision on technical grounds

For many of CIWTC staff VRS remains only option

Union Cabinet early this week approved an improved VRS for employees of near-defunct CIWTC

5 entities file lawsuit against ICICI Bank UK alleging mis-selling

Bank dismisses mis-selling charges, says lawsuit filed after it initiated legal recovery action over loan default

Know Your Customer: A challenge for banks and their customers

Bankers say if an account is used for conducting a large transaction, they sometimes seek additional documents, fearing misuse

Lowering govt stake unlikely to improve state-run banks' efficiency

Analysts say will have to bring down holding to under 50% for boards to be more professional

Romesh Sobti: Transformational banker

Romesh Sobti has revitalised the previously-struggling IndusInd Bank into one of India's fastest-growing lenders, while maintaining tight control over asset quality

More governance, less government

Ending dual regulation and improving transparency in decision-making are key to improving the health of public-sector banks

RBI steps up efforts to improve coordination with law enforcement agencies

Move aimed to prevent recurrence of Saradha-like chit fund scam

ICICI Bank out of Russia, trims foreign operations

Lender repatriates capital from its UK, Canada arms over macroeconomic uncertainties, strict regulations and tepid growth opportunities

Weakness in rupee likely to stay

Experts believe it is only a matter of time before the currency touches the 64-65 mark

Banks exert pressure on SpiceJet to repay dues

SpiceJet owes Rs 600 crore, mostly secured