Bank

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In a Q&A, the lender's MD & CEO says the bank's NPA ratio could improve further as it doesn't have any large loan that needs to be regarded as bad

Pental, who has been with YES Bank since November 2015, will continue to head retail banking; he is also non-executive director at YES Securities

Indian state-run and private banks raised an aggregate of 611.94 billion rupees ($7.39 billion) in October-December, more than double the 301.34 billion rupees raised in July-September

Fall in non-interest income, rise in bad loan provisions drag down company's net

While the impetus to double-digit credit growth was from wholesale lending, retail credit growth continued to be robust

Affirms Baa3 deposit ratings of both Indian private sector lenders; outlook on ratings for both banks, where applicable, remains stable

While brokerages expect Q4 earnings of Nifty50 companies to hit record peak levels, the march is expected to be driven by banks and financials. Let's dive into the Street expecting from Q4 results

TCS will work to simplify and transform bank's application estate across businesses-financial markets, wholesale and retail banking

We want to make sure within 90 days depositors get the money so that small depositors who make up 98% of all depositors will get their money in time, she said

Banks' ability and/or willingness to lend to persons or entities that needed credit were hampered

Banks need to value their trading portfolio in sync with the market rate

Bank deposits rose 2.63 trillion rupees to 108.05 trillion rupees in the two weeks to March 31

The infrastructure sector continues to reel under the 'twin balance sheet' issue

Weakening growth in loans or credit, continued stress on asset quality and cuts in lending rates have impacted profitability at banks, both in the private and public sector. Public sector banks' (PSBs') problems are more structural and will resolve only when they become self-sustained, especially the mid and smaller ones. Large private banks seem to be faltering on a key strength, their hitherto healthy pre-provisioning operating profits. Growth in this metric has been coming down over the past two quarters for most of the large ones (see table). While the drop in the latest, December, quarter could be attributed partly to demonetisation and to slower economic growth, this weakness started in the June 2016 quarter, even earlier in some cases. Not a good sign for investors. Higher pre-provisioning operating profit provides a cushion to earnings, even amid stress on asset quality, as the bank can use part of these for higher provisions for bad loans. This was a key reason why most ...

The incident took place on Tuesday when the woman arrived at the bank to get her currency notes exchanged

The man was admitted to local hospital for treatment, says Senior Inspector

Public sector bank executives said the pressure on operation at branches will subside only when most of the ATMs are recalibrated

In September, Wells Fargo agreed to pay $190 million to settle charges that bank employees opened as many as 2 million accounts without customers' knowledge

The currency ban has changed the lives of the people facilitating this move across India