Page 57 - Banking Sector

YES Bank fiasco: RBI asks states not to withdraw funds from private banks

'We strongly believe that such a move can have banking and financial sector stability implications,' the letter stated

YES Bank crisis: Paying loan? Shift ECS mandate to a nationalised bank

If you are paying a personal/home loan or doing SIPs, shift ECS mandate to another bank. It just might make sense to have one account with a nationalised bank

Congress asks Modi to explain 'sinking banks', not divert attention

"Prime Minister, you need to tell the nation what is the BJP's connection to the Yes Bank and its owner," Randeep Surjewala asked.

Banking stocks slide to 13-month low amid fallout from YES Bank crisis

YES Bank, weighed down by an increasing pile of bad debt, had struggled for months to raise the capital it needs to stay above regulatory requirements, without any success

Statsguru: How PSBs deal with integration in a challenging biz environment

The RBI in December 2019 noted that private sector banks accounted for 69 per cent of incremental loans in 2018-19

Low on investor confidence and growth, private banks in for tough days

Majority of private bank stocks are down 10-33% YTD, indicating weaning conviction in the sector

Private lenders faced tough times due to poor corporate governance, NPAs

Way back in 2004, the crisis-ridden Global Trust Bank was merged with the Oriental Bank of Commerce by the Reserve Bank of India

End of uncertainty

More than consolidation, PSBs need real reforms

Banks to lend Rs 1.85 trn to housing, auto, MSMEs in next 6 months

The recently conducted Long Term Repo Operations (LTRO) by RBI are aimed at providing additional durable liquidity to the Banking Sector

SBI stock basking in optimism; stakes too high to disappoint investors

Optimism on the stock is highest in 15 years; easing of corporate sector stress in Q3 gave the much-needed comfort

India must have at least six banks in top 100 global list: Economic Survey

Equity markets also discount PSBs

Economic Survey: Building blocks for 'wealth creation' and $5-trn economy

Here is a snapshot of some of the 'new ideas' for the economy that the Survey focuses on

Legislative adventurism

A proposal for a new law on bank resolution has already raised many troubling questions

Sachin Bansal's Chaitanya India applies for universal banking licence

If given a license, Chaitanya will be the second microlender after the West Bengal-focused Bandhan to be granted a universal banking license

Financial inclusion in 'Maoist zone' a daunting task for bank authorities

Chhattisgarh has asked bankers to streamline financial inclusion in restive region

In a first, RBI plans to put weak private lenders under the hammer

The banking regulator is seeking an early exit mechanism for private banks under PCA

20 key industrial, political and economic developments to expect in 2020

Where is the Sensex headed? will the economy turn around? what about sectors like auto, pharma, consumer goods and infra? Business Standard tells you what to expect in the new year

RBI wants urban cooperative banks to focus mainly on priority sector

UCBs' target for priority-sector lending has been proposed at 75 per cent of their credit from 40 per cent now

Bring banks on track

Credit market ecosystem needs better governance and oversight

Finance ministry counters RBI, says stress in banking sector declining

According to the FSR, the regulator conducted macro stress tests for credit risks to assess the banking system's resilience to macroeconomic shocks under baseline conditions