Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20

Latest Articles in banking sector

SBI Posts 52% Rise In Profit As Bad Loan Provisions Drop

Net profit at SBI rose to 45.74 billion rupees ($611.75 million) for the three months ended Sept. 30, from 30.12 billion rupees a year earlier.

Read More

HDFC Bank Shares Jump 3 % After Q2 Earnings

HDFC Bank on Saturday reported a 16 per cent rise in its consolidated net profit to Rs 7,703 crore for the second quarter ended on September 30, 2020.

Read More

Borrowers Seeking Loan Moratoriums Rose After June; Will Be Judicious On Loan Recasts: Axis Bank

About Non-Performing Assets (NPAs), the bank's Chief Executive Officer and Managing Director Amitabh Chaudhry said its stress tests are now showing lower slippages across any scenario than earlier.

Read More

Downgrades Indian Banking Outlook To Negative For H2

Ind-Ra maintained a stable outlook for private banks as they are better placed to withstand the challenges presented by the pandemic.

Read More

Need For Speed: Flash Banking To Go Mainstream

Banking in the 21st century and the distant future will need to adopt an adaptive approach as per the demands of customers.

Read More

FM Nirmala Sitharaman Unveils Doorstep Banking Services

Pointing out that customers of Public Sector Banks can avail services at nominal charges at added, "The services shall benefit all customers, particularly Senior Citizens and Divyangs who would find it at ease to avail these services."

Read More

ICICI Bank Uses Satellite Images For Farm Loans To Cut Costs

Indian lenders are currently grappling with more than $100 billion of soured loans, and stress in the agriculture sector has been rising just as the overall share of bad loans is coming down.

Read More

Growing NPAs – An Unending Nightmare For The Indian Banking Sector

Compared with most BRICS members, India fares quite poorly: China’s NPAs stand at 1.75%, Brazil’s at 3.69%, South Africa’s at 2.83%, while India’s NPAs are at approximately 9.85%.

Read More

HDFC Bank Gets New CEO, Boosts Nifty

Shares of the private sector lender surged as much as 5.89% and were the top boosts on the Nifty 50 index after the Reserve Bank of India (RBI) approved Sashidhar Jagdishan's appointment as the new chief of HDFC Bank.

Read More

Westpac To Move 1,000 Overseas Call Centre Jobs To Australia

The process will take a year and will lead to a rise in costs of about A$45 million ($32 million) a year by the end of fiscal 2021.

Read More

PM to interact with bank, NBFC stakeholders on Wednesday

PM to interact with bank, NBFC stakeholders on Wednesday

Read More

Right time for fiscal push will be when COVID-19 vaccine is available: CEA Subramanian

Right time for fiscal push will be when COVID-19 vaccine is available: CEA Subramanian

Read More

A Financial Pandemic In The Making

Despite the banks’ stated enthusiasm to boost credit availability through top-up loans, the risks are evident. As of January 2020, TransUnion CIBIL and SIDBI reported that the bad loan ratio of MSMEs had reached its highest rate at 12.5%.’.

Read More

Indian Economy: How Will 2020 Impact 2021?

Efforts by the Indian government to flatten the virus curve through stringent lockdown measures will result in a steep economic contraction.

Read More

HSBC To Cut 38% Of Global Banking And Markets Jobs In France

HSBC's FO union said on its website that the departures will take place on a voluntary basis, but if there were not enough volunteers, there would be "layoffs for economic reasons".

Read More