Banking Sector Crisis

As risks loom, RBI asks banks not to increase exposure to unsecured loans

The RBI has instructed banks to limit their unsecured loan portfolios to the levels seen in FY23, a CEO of a private bank said

Banking crisis: It's time for a relook at funding ecosystem for start-ups

The crisis in global banking has unsettled the Indian start-up ecosystem and raised afresh the old question of overdependence on offshore investors

Animal spirits: Right and wrong

It is true that though both low spirits and low real investment may be caused by a common set of economic factors

Deja vu on DFIs

The bank-led model of infrastructure financing is fraught with difficulties. But DFIs are not a quick fix

Beyond recapitalisation

Interest waiver will increase financial-stability risks

Explained: How to solve the financial sector's capital shortfall

Given that PSBs account for 90% of the shortage, a credible divestment plan would reveal some well-capitalised suitors among private banks

Maha Bank to increase lending to corporates, lends Rs 1,500 cr in Apr-May

The bank's credit portfolio grew by 1.52 per cent to Rs 94,889 crore in March, 2020

Let bank employees use local train services to commute in Mumbai: Unions

Western Railway and Central Railway are running selected suburban train services only for essential services as identified by the state government

StanChart's unhappy ending pulls the curtains down on much-touted IDR

India's sole IDR ceases to exists next week; unfavourable regime with regards to taxation, trading and fungibility, and high cost of disclosures and listing, spelled death knell for StanC's IDR

A new bad bank won't help unless existing problems are sorted: CEA

Krishnamurthy Subramanian also says India's sovereign rating being maintained and stable outlook by S&P is good news, considering India wants to list its sovereign bonds on global indices

YES Bank fraud case: ED searches Cox & Kings top brass for siphoning funds

Probe agency finds irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank

Bank credit shrinks 1.2% in April, gross bank credit falls to Rs 91.53 trn

Loans in the retail segment contracted 2.5 per cent to Rs 24.90 trillion

Covid-19 impact: Home Credit India to give pink-slips to 1,800 employees

Home Credit India said it was a tough decision and the organization is trying its best to help the impacted people in getting securing new opportunities

Asset quality pressure may last 2 yrs, spike banks' bad loans by 6%: Fitch

Rating agency says moratorium extension, easing of working capital loan limits

It will be a long road to recovery from Covid-19: Axis Bank chief

In a Q&A, the lender's MD & CEO, Amitabh Chaudhry, also dwells on the stimulus package announced by the government, and risk aversion by banks

Some MSMEs may need deep restructuring, not just liquidity: Union Bank

Bank chief Rajkiran Rai says IBA has taken up the issue of restructuring with RBI

Covid-19 impact: Consumer lending may be most disrupted by lockdown

Categorised as unsecured loans, these will feel the brunt of weak demand and income disruption of borrowers

Delay in regulatory leeway likely to prove costly affair for banks

With loan growth and asset quality likely to take a hit, FY21 earnings estimates are coming under the knife

Decade in review: How state-owned banks rose to the occasion amid crisis

At the start of the decade, the government was busy infusing stimulus packages to revive various sectors affected by the global credit crisis

Year in Review: Banking sector bets on reforms, mergers for revival

"Every fundamentals indicate towards higher growth and better future next year," Finance Secretary Rajiv Kumar told PTI, reflecting strong optimism going into 2020