Page 2 - Indian Banking Sector

Here's why private banks' SME credit has grown four times faster than PSBs'

Bankers say private lenders have more risk appetite, faster response times, and are aggressive on pricing

Govt extends tenure of SBI MD Challa Sreenivasulu Setty by 2 years

The government has extended the term of State Bank of India Managing Director Challa Sreenivasulu Setty by two years with effect from January 20

Economic stress tests

External sector remains a source of risk

Is it time for state-run banks to end industry-wide wage pacts?

While there is still a large talent pool in state-run banks, the reality is that it may not walk in as in the past

Expect bold changes in the year 2023

India is making rapid strides in the area of digital banking, meeting the expectations of a digitally agile customer base in the information age

Post-LVB integration, DBS aiming to treble growth in 5 years: MD & CEO

Surojit Shome, MD and CEO of DBS Bank India, said having crossed the Rs one trillion business (deposit and loans) mark in September, the bank is looking to grow 3x in five years

BS BFSI Insight Summit 2022: Who's leading the way in banking technology?

From Ranjeeth Bellary, Partner, EY Forensic & Integrity Services to Rajsri Rengan, HoD - Banking & Payments, India & Philippines, FIS here are panelists who will speak on Technology in Banking

Bad loans worth Rs 10 trillion written off in last 5 years by banks: Govt

These bad loans have been written off by scheduled commercial banks in last five fiscals (2017-22), the govt told parliament

Banks renew AT-1 sales after two-month gap, PSUs lead pack to raise credit

Public sector lenders would end up issuing around Rs 13,500 cr worth of such bonds in coming weeks

IDBI Bank third lender to drag Siti Networks to bankruptcy court

Yet to receive notice from NCLT, firm says; HFDC, IndusInd Bank had filed petitions earlier

Bank of Maharashtra likely to sell Rs 1000 crore of AT-1 bonds

Over the last couple of weeks, banks have made a beeline to raise funds by issuing debt instruments

Revised RBI guidelines on securitisation likely to impact short-term loans

But they are unlikely to disrupt the securitisation market as such loans constituted only 5% of the total securitisation volume in H1FY23

Curb on securitising short-term maturity loans may hurt micro loan biz

Change required by the central bank could make a certain portion of loan books ineligible for securitisation

Axis Bank likely to issue Rs 12,000 cr of tier-2 bonds amid credit growth

Banks have since November issued more tier-2 bonds than AT-1 bonds for the entire year

ICICI Bank adopting a 360-degree approach in corporate banking business

Analysts see risk of attrition due to the shift in culture its implementation

Core activities of a bank should not be outsourced, says RBI's AK Choudhary

"While outsourcing it is very important that adequate safeguards are established to seal the situation as well as the financial stability of the banking system," Choudhary added

Fintech lenders align business model with RBI's digital lending norms

The RBI came out with the guidelines on digital lending in September and gave time until November 30 for players to comply with the 'existing loan' category

Excess credit growth to limit Indian banks' loss-absorbing ability: Fitch

Rating agency warns capital base of PSBs may come under greater strain

HDFC Bank elevates Bharucha as Deputy MD, appoints Zaveri as ED

Decision comes ahead of merger; RBI had halted move ahead of Aditya Puri's retirement

Have Rs 2.5 trillion worth of corporate loans lined up, says SBI chairman

Banking system much better placed in terms of risk assessment