Latest Articles in banking
RBI Rules Out Asset Quality Review Of NBFCs For Now
IL&FS group's failure has made banks highly risk averse to the NBFC sector, leading to a severe liquidity crunch.
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Credit Demand Subdued, Economy Needs Stimulus: SBI Chairman
Though lack of credit demand exists in the economy, there is no supply-side constraint as the public sector banks are more or less well-capitalised.
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StanChart Eyes $100 Billion Private Bank Assets In Growth Push, To Hire Bankers
The private banking business accounted for just 3.8% of StanChart's total profit before tax in the first-half of this year.
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We Are Eyeing Rs 60,000 Crore Transactions By Next Year: Mandar Agashe, Founder and Vice Chairman of Sarvatra Technologies
Founder and Vice Chairman of Sarvatra Technologies Mandar Agashe spoke to BW Businessworld on various achievements and future plans of the company.
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India Seen Set For Fourth Interest Rate Cut Of 2019
State Bank of India cut interest rates on deposits across all maturities on Monday, but analysts said it would take time for the country's largest bank to make matching cuts in its lending rates.
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Good Money After Bad? India's Bank Rescue Plans Keep On Coming
Bankers and credit rating agencies say they doubt the latest move by New Delhi to provide a further $10 billion in government money to the institutions that dominate India’s banking landscape will be enough for them to overcome massive bad debt problems.
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SBI Posts Profit For First Quarter
Interest earned rose 6.5% to Rs 626.38 billion, while provisions for bad loans dived 10.7% in the quarter
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5 Mistakes That Mutual Fund Investors Must Avoid Right Now
In such a complex situation, it’s very easy to end up making regrettable investment decisions. Here are five of them to watch out for right now.
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StanChart First-half Profit Beats Forecasts, Flags Trade Tension Risks
The latest profit compared with the $2.23 billion average of 11 analyst estimates compiled by Standard Chartered.
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Reviewing Exposure To Auto Dealers; Will Ensure Industry Do Not Suffer: SBI
SBI is one of the biggest credit providers to auto dealers and individuals (auto loans), the bank said in a statement.
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Bank Of India Net Jumps Two-fold To Rs 243 Cr In Q1; Net NPAs Down At 6%
Total income of the bank rose to Rs 11,526.95 crore during the quarter, as against Rs 10,631.02 crore.
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Bank Guarantees And Burden Of Exception III
The industries have started reeling under pressure due this overburden of changed legal stance and badly looking rescue by the new government by making the required changes in the law, may be introduction of Exception IV to give some respite.
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RBI To Cut Rates Again In August As Doves Prevail: Report
India is now forecast to grow in the range of 6.3 per cent to 7.2 per cent each quarter through to end-March 2021.
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RBI Rejigs Portfolios Of Deputy Governors Following Acharya's Exit
The RBI, headed by Governor Shaktikanta Das, has four deputy governors.
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Jalan Panel Report On Transfer Of Central Bank Funds To Be Submitted To RBI 'Very Soon'
The reserve panel has suggested transfer of funds from RBI in tranches over 3-5 years, the source said. It was not immediately clear how much money the RBI will transfer to the government.
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