Page 35 - Banking Sector

Understanding the Riemann Hypothesis: Why it's a high-stakes puzzle

Someone wrote a sci-fi story suggesting that anybody who proved the Hypothesis would be promptly murdered by a consortium of bankers

Private banks' loan books shrink in Q1 amid second wave of Covid-19

IndusInd, YES, Federal, and CSB post 1-3.5% sequential decline; HDFC Bank bucks the trend with 1.3% growth

Despite massive jump in M&As, IPOs, i-banking fees dip 10% to $438 mn in H1

Notwithstanding a massive spike in equity capital markets deals and a 37.4 per cent jump in M&As in H1 of 2021 at USD 55.1 billion, investment banking fees fell 10 per cent to USD 438 million, making it the lowest first half since 2016, industry data showed. Overall, SBI Caps has taken the top spot in the investment banking fee league tables with 9.5 per cent wallet share and USD 41.6 million in fees, according to Refinitiv, an LSG group entity, on Monday. Mergers and acquisitions (M&As) reached a three-year high of USD 55.1 billion in the first half, up 37.4 per cent y-o-y in the first half, Of this, cross-border M&As amounted to USD 21.73 billion across 210 deals, up from USD 16.02 billion across 195 deals, according to Refinitiv. Investment banking activities generated USD 437.9 million in the first half of 2021, a 10 per cent dip y-o-y, making it the lowest first half period since 2016 when it was USD 263.6 million, according to the Refinitiv data. Equity capital ...

IndusInd Bank's net advances jump to Rs 2.11 trn at end of June 2021

Shares of IndusInd Bank gained over 1 per cent to close at Rs 1,020.20 apiece on BSE.

Yes Bank's loans, advances shrink marginally at Rs 1.63 trn by end of June

Bank's liquidity coverage ratio by June 2021-22 stood at 118.4 per cent, higher than 114.1 per cent from a year ago.

Reserve Bank of India imposes Rs 25 lakh penalty on Punjab & Sind Bank

The state-owned bank had reported a few cyber incidents to the RBI on May 16 and 20, 2020

Alibaba founders pledge shares for loans from global banks: Report

Alibaba said co-founder Ma and his affiliates currently did not have any loans outstanding collateralized by the company's shares.

Broad categories register 'medium' risks for financial system: RBI survey

Within the major categ­ories, however, this time certain components were rated as 'high' risk

Some stability returns

RBI report suggests banks weathering pandemic

Wilful defaults fall marginally in pandemic-hit FY21: TransUnion CIBIL data

The pandemic year saw a marginal fall in the number of cases marked as wilful defaulters by banks

Personal loan offtake rose in fiscal year 2021, industrial loans contracts

The bank credit scenario in the country witnessed a sharp contrast in terms of sectoral credit offtake in FY21

Banks not in a hurry to hike interest rates on deposits despite price rise

Year-on-year growth in deposits till early June 2021 has been 9.7 per cent while credit growth is only 5.7 per cent.

Private sector banks' share in loans rises to 36.5% in FY21

Surpass other bank groups in terms of loan growth

Cabinet may soon clear proposal for govt guarantee to bad bank

Indian Banks' Association (IBA), entrusted with the task of setting up a bad bank, has pegged the government guarantee to be around Rs 31,000 crore.

Statsguru: What bank deposits data tells us about Covid disruption

Deposits grew fast in the period when consumption got hit due to restrictions and precautionary behaviour.

SBI ready to meet credit growth spike, expects loan book to grow 9% in FY22

Khara said FY22 had begun with an unexpected second wave of Covid-19 infections

RBI sets rules for appointment of MDs, WTDs of urban cooperative banks

The minimum age of a person should not be less than 35 years and not more than 70 years any time during the tenure

SBI better positioned to tackle any subsequent Covid-19 wave: Khara

SBI is the country's largest lender

After a washed-out Q1, bankers hope to cash in on revival starting July

Demand expected to rise, but more gradually than last year

India's bank credit-to-GDP ratio inches up to 56% in 2020: BIS data

The country's credit-to-GDP ratio improved to 56.075 per cent in 2020 from a low of 52.7 per cent in 2019.