Page 12 - Banking

Bank of Baroda mulls hiring digital marketing agencies to strengthen brand

Bank of Baroda is looking to hire three digital marketing agencies to strengthen its brand, aiming to be a preferred choice of customers with innovative banking models

How to reconstruct asset reconstruction companies

Banks feel happy shifting their toxic assets from loan books to investment books, while the ARCs are enjoying the management fees with a smile. Let's break the cosy relationship

Not getting personal loan to manage an emergency? Offer collateral

Starting a fixed deposit may make a bank more willing to offer you a credit card

Govt likely to drop plan to decriminalise cheque bounce offences

It would seek directions from a Supreme Court panel formed to expedite the pendency of cheque bounce cases before taking a final call

Covid 2nd wave severity will determine pace of growth: FT's Radhakrishnan

Faster-than-expected recovery in the US economy and the resultant tapering of stimulus by the US Federal Reserve could potentially affect risk sentiment and impact flows to emerging markets like India

De-risking the risk business webinar series | New Indian banking landscape, post-pandemic

Paytm Payments Bank becomes the largest beneficiary on UPI platform

With 469.84 mn transactions in March it is ahead of the country's largest lender SBI and private lenders such as Yes Bank, ICICI Bank, Axis Bank and HDFC Bank

Best of BS Opinion: Beyond the Jal Shakti Abhiyan, vaccine supply, and more

Here's a selection of Business Standard opinion pieces for the day

Citigroup plans to apply for stock, futures trading in China: Report

Khullar said India is a strategic talent pool for Citi and it will continue to grow the five 'Citi Solution Centers'

Citigroup's retreat highlights global banks' struggle in China, India

Increased rivalry from domestic lenders, especially in consumer financing, and competition for top talent contribute to challenges.

Future-ready banking

Book review of Transformational Leadership in Banking: Challenges of Governance, Leadership and HR in a Digital and Disruptive World

South Indian Bank's Q4 deposits dip to Rs 82,710 cr from from Rs 83,034 cr

South Indian Bank's total deposits dipped marginally to Rs 82,710 crore in the January to March quarter from Rs 83,034 crore in the year-ago period

Private lender Yes Bank targets startup sector, ties-up with GVFL

To broaden its services for the start-up sector, the lender Yes Bank has tied-up with GVFL Limited.

Capital infusion into PSBs: Preparatory work for privatisation starts

Buoyant market may gradually reduce PSBs' dependence on government for funds

Digitising India with high investments in automation

In adoption of emerging technologies, banking and financial services have already set the pace of transformation

Leading private banks to cancel auto-debit payments from April 1

RBI to fine Rs 5 lakh per instance of lapse. Given that millions of bank customers use the auto-debit facility, banks were staring at hundreds of crores in fines

Retail loans set to become largest segment for Indian banking industry

Lenders depending on personal loans rather than industrial credit

Nationwide bank strike continues to impact PSB services on second day

Bank strike continued for day-two on Tuesday, led by nine unions of public sector banks (PSBs) in the country, opposing government's policy to privatise the lenders

Focus on technology

Banks must invest in improving customer interface

Microfinance loan portfolio stands at Rs 2,32,648 cr as of Dec-end: Report

The microfinance industry's gross loan portfolio (GLP) grew 10.1 per cent to Rs 2,32,648 crore as on December 31, 2020