Experts don't see further cuts boosting demand, with rates already at record lows
Safra, who arrived in Brazil as a teenager more than five decades ago, ranks as the world's wealthiest banker, with an estimated fortune of $19.9 billion
Easing of slippage risk seen as GDP contraction narrows
Retired bank employees should not be forgotten; bankers should be a cohesive family such as in defence, says Sitharaman
Heads of various banks sought to present a counter narrative on Shaktikanta Das warning lenders about the perils of risk aversion in the pandemic-stricken environment where credit demand is waning
Call for closer look at borrowers who delay repayment up to eleventh hour just to avoid NPA tag
Bankers say RPs are outsourcing human resources and audit/legal consulting to outside firms so as to plug all loopholes. Bankrupt companies also pay for special forensic audits and legal opinions
After demonetisation, Covid-19 is giving a big push to digital banking
The bank could streamline "many processes," Gottstein said, adding that this is one of his priorities
HDFC Bank cuts base rate by 55 bps; SBI calls ALCO meeting to take call
Lenders are staring at unexpected asset quality losses due to the slowdown in economic activity after the countrywide lockdown.
RBI by reducing reverse repo rate by 25 basis points has sent clear signals to deploy that money - either by investing markets (bonds and short term paper) or by extending credit
Sitharaman also urged bankers to give emphasis on branch based banking and improve customer ease
The market has taken the long-term repos worth Rs 1 trillion as the biggest developmental and regulatory step that came out of the blue, analysts said
There is pressure on bankers to lend to spur the nation's GDP growth
A frank discussion and the assurance by the PM earlier and the FM now will be of great value to the bureaucracy in the banking world
Flexi hours and creches for children can help retain them but a bigger problem at the moment is women bankers don't have too many role models to look up to
PM Modi said low-income groups must never feel the absence of government
Market regulator Sebi has barred Karvy Broking from taking on new clients over alleged misuse of clients' securities
Bankers feel inhibited talking about frauds for fear of loss of reputation. Large frauds usually come to light after 54 months