Bad bank will only kick the can down the road
The way forward for banking in India: Further issues
From the conditional nature of recommendation by RBI on ownership of private-sector banks, it doesn't appear that the regulator will soon reverse its policy of keeping conglomerates away from banking
High collections boost sentiment, but clarity on gross NPAs will emerge only after December
Market participants would watch out for greater clarity on NPA recognition, loan restructuring roadmap, and credit costs for the rest of the year
The cost of fund index and liquidity index are showing an impressive reading of 80.6 and 71.1 in the present quarter survey
Defending the move, bankers said that the charges have been introduced in a bid to prevent frivolous transactions from putting a load on the system
Kumar set aside an hour a day during the first two months to call depositors to reassure them personally about the bank's stability
As much as Rs 3 trillion was promised to be lent under the scheme, fully guaranteed by the government
Forget the health of the banks, what should be worrying the regulators is just the number of banks through which such financial intermediation can take place
Puri expressed satisfaction that he was passing on the baton to Sashidhar Jagdishan, who is the "worthiest person" to lead the bank
Rise in net interest income, dip in provisioning drive better numbers; net profit at Rs 144 cr in Q1FY21, versus Rs 3,800 cr loss same quarter last year
The bank had reported net profit of Rs 1,908 crore in the same quarter last year
Pressure on profits, moderate growth in business, need for higher capital and reduced credit appetite will be some of the features common to all banks in the current fiscal year
PSBs will need capital to finance economic revival
YES Bank got its board's approval to raise Rs 15,000 crore via FPO to shore up its capital base.
Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.
The Bank's advances expanded by 21 per cent, on year on year basis, to approximately Rs 10,04,500 crore as of June 30, 2020
The bulk of the disbursed amount -about two-third- was contributed by public sector banks.
Govt likely to issue clarification to add more borrowers under ECLGS