Page 6 - Bankers

Debt resolution process: Bankers fret over spike in consultants' bills

Bankers say RPs are outsourcing human resources and audit/legal consulting to outside firms so as to plug all loopholes. Bankrupt companies also pay for special forensic audits and legal opinions

Banker as Covid warrior

After demonetisation, Covid-19 is giving a big push to digital banking

Credit Suisse CEO says will need fewer employees after coronavirus crisis

The bank could streamline "many processes," Gottstein said, adding that this is one of his priorities

Retail, MSME loans to get cheaper as RBI cuts repo rate in surprise action

HDFC Bank cuts base rate by 55 bps; SBI calls ALCO meeting to take call

Promoter, PE stake may go up in private banks; IndusInd, HDFC Bank to gain

Lenders are staring at unexpected asset quality losses due to the slowdown in economic activity after the countrywide lockdown.

RBI steps increase lending, but sector-specific package must: Bankers

RBI by reducing reverse repo rate by 25 basis points has sent clear signals to deploy that money - either by investing markets (bonds and short term paper) or by extending credit

FM assures bankers they will not be hauled for genuine commercial decisions

Sitharaman also urged bankers to give emphasis on branch based banking and improve customer ease

Bankers, analysts welcome RBI's liquidity boosting policy measures

The market has taken the long-term repos worth Rs 1 trillion as the biggest developmental and regulatory step that came out of the blue, analysts said

Letter to BS: FM's promise to bankers will make them work without fear

There is pressure on bankers to lend to spur the nation's GDP growth

Letter to BS: Bankers shouldn't fear cops if they are not corrupt

A frank discussion and the assurance by the PM earlier and the FM now will be of great value to the bureaucracy in the banking world

Where have all the women bankers gone?

Flexi hours and creches for children can help retain them but a bigger problem at the moment is women bankers don't have too many role models to look up to

Bankers will be allowed to work without any fear, assures PM Modi

PM Modi said low-income groups must never feel the absence of government

Karvy Broking's possible default gives investors, bankers the jitters

Market regulator Sebi has barred Karvy Broking from taking on new clients over alleged misuse of clients' securities

All you wanted to know about banking frauds

Bankers feel inhibited talking about frauds for fear of loss of reputation. Large frauds usually come to light after 54 months

Nearly 70 senior bankers in race to head debt-ridden Laxmi Vilas Bank

The Chennai-headquartered mid-sized private sector bank has been headless since mid-September after the then chief executive Parathasarathy Mukherjee left before the completion of his three-year term

150,000 bankers to discuss how to make India $5-trillion economy by 2024

To contain high bad loans in the MUDRA scheme, the managers suggested that a national portal be floated to verify the borrower and whether multiple lending has happened

Laid-off expat bankers struggle to find job opportunities in Hong Kong

Expat bankers who lost their jobs and want to remain in Hong Kong often have to consider lower-paying options or demotions

Where have all the bankers gone?

Both ICICI Bank and Axis Bank have picked up their new CEOs from the insurance industry

Don't hound bankers: Defensive lenders are the last thing the economy needs

While there should be zero tolerance for corruption, bankers cannot be subjected to stop taking decisions because of fear that even genuine mistakes can result in hounding by investigative agencies

Why your banker plays it safe

The risk in banking doesn't come from culture but from structure