Page 6 - Banking

NBFCs raise Rs 3.23 trn in H1FY25 from domestic debt capital market

Private sector NBFCs raise Rs 1.91 trillion in H1FY25

PSBs share in incremental credit dips to 51% in September: Report

PSBs' credit growth on a year-on-year (Y-o-Y) basis stood at 12.9 per cent in September, lagging behind 16.4 per cent Y-o-Y of private lenders

RBI draft proposals on aligning businesses may impact private banks

The list include HDFC Bank, Axis Bank, Kotak Mahindra Bank, and Federal Bank

Securitisation volumes likely to have touched Rs 60,000 cr in Q2: Icra

HDFC Bank, in its quarterly update, said it has securitised Rs 19,200 crore of loans in Q2FY25 as a strategic initiative to lower its elevated credit-deposit ratio

Banks' group entities cannot be used to circumvent guidelines: RBI

The central bank has made the suggestion in a draft circular on 'forms of business and prudential regulations for investments' released on Friday

Banks record a higher deposit growth rate in Q2 FY25 than Q1 FY25

Four out of five banks have recorded growth at least 2-3 per cent higher than the pace seen in the quarter ended June 2024

HDFC Bank says sequential rise in deposits outpaced loan growth in Q2

Deposits rose 5.1 per cent from the previous quarter to Rs 25 trillion, after no sequential change in April-June

RBI's Mibor committee backs benchmark based on secured money market

The Committee noted that banks in India are increasingly linking their personal, retail, and MSME loans to the policy repo rate, with a growing share of advances tied to this rate

RBI dy guv Swaminathan calls for responsible lending at small finance banks

The RBI has been encouraging banks to strengthen governance standards to prevent financial instability and systemic risks

NBFCs turning to alternative funding sources amid slower bank loans

This shift has been spurred by changes in banking regulations, making it more difficult for NBFCs, especially those with lower credit ratings, to secure bank funding

State-owned banks on apprenticeship spree to strengthen customer services

Banks are hiring apprentices for the first time amid gradual decline in number of employees

Fintech loan disbursements decline in volume and value in Q1FY25: Report

The signs of a slowdown in disbursements come nearly one year after the Reserve Bank of India (RBI) hiked risk weights on unsecured loans

SBI has Rs 4 trn credit pipeline, pvt capex to pick up: Chairman C S Setty

On monetisation of SBI's stake in some of its subsidiaries, Setty said, there was no thinking in terms of divestment of stake of any of the subsidiaries presently

Banks to rely on certificates of deposit to fund credit demand: Officials

Certificates of deposit (CDs) are debt instruments with maturities of less than one year issued by banks

Home loan origination volumes decline 9% in June quarter, says report

Private banks had the slowest growth in outstanding retail loan balances at 18 per cent, as compared to 22 per cent for state-run lenders and 35 per cent for non-banking financial companies

Finance Ministry urges DRTs, banks to expedite loan recovery processes

FinMin calls on DRTs to engage borrowers in smaller cases outside tribunals to alleviate pendency burden

Boots on the ground: Businesses correspondent model needs mending

The business correspondent channel for financial inclusion is calling for a pay raise, investments and an end to penalties

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

Set to appoint merchant bankers for proposed QIP

Finance ministry asks banks to set up oversight mechanism for pending DRTs

Faster recovery would help in ploughing back the capital stuck in pending cases to the economy for productive use, it said

RBI report: Gap in credit, deposit growth shrinking but challenges remain

With inflation easing, household consumption growth likely to be faster in Q2