Page 7 - Indian Banking System

IDFC First Bank eyes Rs 3,000 crore in debt capital through tier II bonds

The plan comes soon after Rs 3,000 cr equity raise

Why there are so few women in banking

The most significant boost to achieving gender parity could come from a commitment from companies to provide flexible working

Turn and bounce

MPC needs to be extremely vigilant

Monetary policy: RBI expects banks to fully transmit rate-hike impact

Market participants believe that the transmission did not occur because surplus liquidity in the banking system remained high due to several reasons, including the withdrawal of the Rs 2,000 banknote

Monetary Policy review: Familiar script with a surprise

The rate cut cycle may not begin before the second half of FY25

Monetary policy review: RBI keeps OMO sword hanging on bond market

The central bank has not given any timeline for OMO sales and said it would depend on the ongoing liquidity situation

Small finance banks see double-digit growth in advances & deposits in Q2

Equitas Small Finance Bank witnessed a healthy 37 per cent increase in advances to Rs 31,231 crore, whereas deposits rose 42 per cent to Rs 30,839 crore

Goldman Sachs plans expansion in India, opens new GCC hub in Hyderabad

The centre in Hyderabad includes both new recruits and transfers from Bengaluru

Banks continue to struggle for CASA share in Q2, challenge to remain in H2

CASA accounts, vital for daily operations of businesses, households, or individuals, offer banks a cost-effective source of funds

Bank's liability for locker content is limited, so buy insurance coverage

Do not keep cash in the locker as the agreement with the bank prohibits it

Fintech unicorn Slice announces merger with North East Small Finance Bank

Deal will give customers access to a broad range of products and omnichannel offerings, say companies

Amazon Pay eyes expansion with more bank, card network partnerships

Launched in October 2018, Amazon Pay's co-branded credit card is in association with ICICI Bank and utilises Visa as the card network

India's bank credit growth likely to moderate to 13-13.5% in FY24: CRISIL

"The extent to which deposit growth picks up would determine credit growth for banks," said Subha Sri Narayanan, Director at CRISIL Ratings

Banks must not classify customers' complaints as queries, says RBI

Central bank 'will not hesitate to act' against entities indulging in such behaviour, says deputy governor Swaminathan J

Global investment in Indian banks to continue on robust finances: S&P unit

Majority of foreign institutional investors' holdings concentrated in biggest private banks

JP Morgan EM index addition: Banks, FIs look to raise Rs 18,000 crore

NABARD to issue social sector bonds on Tuesday

Indian bonds in global markets

Increasing foreign presence in the debt market will release the pressure on our banks and free up money for lending since demand for loans is far higher than deposit mobilisation

Regional rural banks merger unlikely to happen in current financial year

The exemption dispensation from prior scrutiny and approval of CCI would be available for five years, the Corporate Affairs Ministry (MCA) said

SBI Apprentice Recruitment 2023: Registration for 6160 vacancies ends today

Applicants can submit their forms by visiting sbi.co.in till 11:59 pm. Through this Apprentice recruitment, the State Bank of India will fill a total of 6,160 openings

RBI infuses liquidity as banking system faces highest deficit since 2020

Market analysts predict that the disbursement of Rs 25,000 crore as the second tranche of Incremental Cash Reserve Ratio (I-CRR) will be insufficient to ease liquidity strains