Page 6 - Banking System

Covid-19: Some banking systems may need help if situation worsens, says IMF

Leading regulators and bank chief executives, particularly in the United States, have said lenders are robust enough to withstand the unfolding economic crisis.

Centre tells states to ensure smooth movement of bank, ATM staff

Banks told to keep adequate cash at ATMs as FM announces free cash withdrawals at ATMs

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

We'll keep investing in India as long as we see opportunities: Blackstone

Schwarzman spoke to Pavan Lall, and fielded questions on concerns about the coronavirus, the next few quarters for the world economy, and doing business in India

BS Banking Annual 2019: Indian banks safe, say SBI, HDFC Bank chiefs

HDFC Bank MD Aditya Puri and SBI Chairman Rajnish Kumar discuss the present and the future of the industry in a fireside chat

DFIs: Look before you leap

Before setting up any new development bank, the govt must examine the contribution and performance of the existing ones

Flush with liquidity, RBI is quietly buying bonds from the open market

Till November 22, the central bank bought Rs 4,300 crore of bonds

All you wanted to know about banking frauds

Bankers feel inhibited talking about frauds for fear of loss of reputation. Large frauds usually come to light after 54 months

Best of BS Opinion: India & India Inc's search of growth amid fiscal woes

From Kulbhushan Jadhav's reprieve to bank nationalisation, here are the best of Business Standard Opinions for the day

Banks must act now or risk becoming a 'footnote', cautions McKinsey

Banks allocate just 35% of their information-technology budgets to innovation, while fintechs spend more than 70%, McKinsey said

Indian banking, securities sectors' IT spend to grow 9% in 2020: Gartner

The assessment of the research and advisory firm is that the increasing investments are not only to create new product offerings but also to respond to evolving customer demands

'Triple whammy': India's property slump exposes banks to fresh crisis

Slump in property market is leaving builders struggling to repay loans to shadow lenders - housing finance firms outside the regular banking sector that account for over half of loans to developers

Small finance banks lag in opening Jan Dhan Yojana accounts in Odisha

This is despite their strong branch network and plans to expand retail banking operations; PSB lead race, accounting for 70% of such accounts opened in the state

Can a land bank be the solution to India's huge shadow bank crisis?

India's banks are rapidly losing faith in the shadow financiers that lend to property builders

50 years of socialism

The real reason that the banks had to go was political: the nature of Indira Gandhi's rivals in the Congress

Statsguru: Banking system needs more funds to maintain a minimum CRAR of 9%

For the system as a whole, CRAR would come down from 14% in March 2019 to 12.9% in March 2020 under the baseline scenario

Banking system liquidity in surplus mode but call rates are on the rise

The spike in borrowing could be explained by the possibility of liquidity turning tight ahead of advance tax outflow, which has started

From bad to worse

The NPA crisis needs market-based solutions

Crisis of confidence in banking provides an opportunity to unleash reforms

The government's response to the issue of bad loans has been to bail out the errant banks with taxpayer's money

Banking's toxic culture

Bankers pay a small price for their misdeeds, no matter how large the cost to their banks or to the economy at large