Page 38 - Banks

Yields on AT1 bonds shoot up in secondary market on MFs' liquidation move

Banks had issued these bonds as additional tier 1 (AT1) bonds to raise capital in the past

Fitch downgrades viability rating for four banks on Covid-19 impact

Affirms Issuer Default Ratings for seven banks including these four and Bank of India, Canara and PNB

Coronavirus impact: RBI's TLTRO 2.0 gets cold-shoulder from banks

Reluctant to lend to NBFCs, MFIs in current situation

Covid-19 crisis: Each bank to decide on granting moratorium to NBFCs

However, there was no clarity on whether the finance companies that borrow from banks would get the option to delay payments to their lender banks.

Covid-19 relief: Here are the steps taken by the RBI to fight slowdown

Among other important announcements, he announced a reduction in reverse repo rate by 25 basis points from 4 per cent earlier to 3.75 per cent now

Banks to seek extension of moratorium on loan repayments beyond June

CII has sought an increase in credit limits for all regular banking accounts by 25 per cent

Banks face operational hurdles in implementing 90-day loan moratorium

With branches and call centres working with skeletal staff, communicating to customers and documenting the process are key challenges

Covid-19: Big banks reassure staff on layoffs owing to future uncertainty

There could be a sudden surge in activity once cities re-open, people get back to work and markets normalize in a few months - leaving banks unprepared if they fire staff that seem unnecessary now

Coronavirus: Banks to ensure cash withdrawals, remittances at branches

The banks are working round-the-clock to ensure all digital channels are up to date and have all the information that you may need during this period

IBA withdrawal of communique on loans of up to Rs 200 cr stumps banks

IBA withdraws note on FinMin letter which had PMO inputs

Bandhan Bank to gradually lower its microcredit exposure: CEO Ghosh

When the private lender started operations in August 2016, microcredit constituted 85 per cent of its total loan portfolio

Banks at risk of losing billions of dollars in fee-based revenues: Study

The report also said banks' revenues may shrink because regulators are starting to mandate simpler fee structures to protect consumers

FM Nirmala Sitharaman to review bank merger preparedness on Thursday

Banks likely to set up common call centres and monitoring cells

Need emergency money? Don't break fixed deposit, borrow against it

Loan rate is 100-200 basis points higher than the FD rate

YES Bank stock crash and financial mess: How the crisis unfolded in 2 years

Companies that failed to repay their loans to YES Bank include Dewan Housing Finance, Essel group, CG Power, the Anil Ambani group companies, and Videocon

Letter to BS: Bankers are reluctant to lend over NPA, profitability concern

The reluctance of bankers to be over-enthusiastic in granting loans should be seen through the prism of the changed banking scenario

Unions defer 3-day strike as banks raise pay hike offer to 15% from 12.5%

Banking unions had given a call for a three-day strike from March 11

FM assures bankers they will not be hauled for genuine commercial decisions

Sitharaman also urged bankers to give emphasis on branch based banking and improve customer ease

Banks will have to pay a price if any telco files for bankruptcy: SBI chief

Rajnish Kumar said that SBI will not pass on the burden of the hike in premium of deposit insurance to its customers

AGR verdict: SBI, IndusInd Bank slip up to 4% as banks stare at NPA pile-up

In general, the exposure of banks to the entire telecom sector ranges between 10% and 30% of their total equity with Yes Bank having the highest exposure of 29% amongst private banks