Page 13 - Banking

PNB Housing Finance, Yes Bank sign strategic co-lending pact home loans

PNB Housing Finance on Friday said it has tied up with Yes Bank for a strategic co-lending service that will facilitate retail home loans at competitive rates

Explained: What is NUE licence for retail payments and who's interested?

Customer retention, gains from float money and product innovation are the key reasons for banks to jump on the new for-profit platform for retail payments

Small loans, big stakes: Why MSMEs are banking on fintech lenders

Speed and flexibility to cater to a wider segment of small borrowers are tilting market in their favour

MSC Bank scam: Hearing on Anna Hazare's plea against closure starts

Maharashtra Deputy Chief Minister Ajit Pawar was one of the accused named in the case

Constitutional challenges to a complete cryptocurrency ban in India

The need then is to regulate, not ban, experts say

Banking Reset 2.0: Tectonic changes are underway in Indian banking

Towards the end of the calendar year, an Internal Working Group (IWG) of the RBI made a case for large corporate groups being permitted to spawn banks

Govt to privatise two PSBs and insurance firms, LIC IPO slated for FY22

Asset reconstruction company to take over all stressed assets from bank books, manage it before selling it further to private parties such as distressed assets funds

UCO Bank reports Q3 profit at Rs 35.44 cr on low provisions for bad loans

The Kolkata-based bank had reported a net loss of Rs 960.17 crore during the October-December period of the previous fiscal year

Borrowing cost surges in bond market over RBI's measures to drain out cash

The surge comes after the Reserve Bank of India announced plans last week to restore normalcy to liquidity operations in markets in a phased manner

IBPS PO Prelims Result 2020 declared ibps.in: Steps to download result

IBPS PO result 2020: Selected candidates will qualify for IBPS PO Main Exam 2020

Nursing back post-Covid financial system biggest challenge for India

The state-dominated lending system's aggregate balance sheet had a gaping hole even before Covid-19. Now things could turn uglier

Liquidity returns to banking system, interbank call rates softening

This indicates that the liquidity deficit witnessed after December 15 was mainly because of advance tax outflow, and not because of any extra effort by the central bank to drain out liquidity

Billions of dollars at stake as courts begin ruling on pending bank cases

The legal tussles pit India's lenders, central bank and government against corporate borrowers struggling to survive amid lockdowns prompted by Covid-19

Kerala-based South Indian Bank announces 6Cs strategy for Vision 2024

While current growth trends remain muted due to the Covid-19 pandemic, the bank is optimistic of a revival in growth from Q1FY22 onwards

Small yet focused approach makes City Union Bank an interesting bet

High concentration in the south Indian market, particularly the SME belt is working to its advantage

Flashback 2020

Bankers have been talking about near-normalcy in collection of loan repayments and very few stressed borrowers going for loan restructuring. This gives us hope for 2021

Top headlines: Rs 5K cr zero-coupon bonds for P&SB; Apple to expand in cars

From centre issuing Rs 5,500 cr worth of zero-coupon bonds for P&SB recapitalisation to Anil Ambani's Reliance Capital getting 10 more bids for subsidiaries, here are top headlines this morning

ICICI floats 'Infinite India' platform to help MNCs set shop in country

As an 'Authorised Dealer Category 1', the bank can authorise the setting up of liaison offices (LO), branch offices (BO) as well as a project offices, within the regulatory framework

Shaktikanta Das: Reserve Bank governor who went off the beaten track

Economists praise Shaktikanta Das for his pragmatism and willingness to face challenges head on

Barclays rethinks real estate push in India, other places to cut costs

Barclays isn't the only lender that is trying to take its real estate costs down at a time of squeezed profitability