Page 12 - Indian Banking System

Investors struggle to cut losses as shadow banking crisis deepens

Trading in NBFC bonds slid to a five-month low of about Rs 75,520 in the secondary market in September, the lowest since April

Indian financial sector lags in embracing climate-linked investment calls

Lack of enthusiasm to link climate issues with financial support could slow India's push for renewables and supporting technologies for low carbon pathways

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

Indian banks are most vulnerable in Asia-Pacific economies, says Moody's

Banks in India risk seeing their capital severely depleted if there is a rise in corporate defaults, warned global rating agency Moody's

ARC role in resolution may help pare NPAs to Rs 9.1 trn by March: Crisil

With the share of cash deals rising, discounts could remain high. To make way for newer acquisitions and attract new and repeat investors, ARCs must quickly resolve assets and redeem security receipts

Latest bank mergers unlikely to revive growth, profitability: Credit Suisse

Last Friday, the government had unveiled a mega plan to merge as many as 10 public sector banks into four to help create stronger global-sized banks

Public sector banks merger: Modi govt to announce big bang plan soon

Finance ministry has called a meeting with chief executives of ten public sector banks on Friday

Who is allowing bank frauds? Priyanka to govt as RBI reports rise in cases

Congress' chief spokesperson Randeep Surjewala also hit out at the government over the rising number of bank frauds

RBI's bonanza is an umbrella to a govt that denied existence of clouds

The central bank is coming to its rescue, and without running any immediate risk of exposure to its own credibility

Fincare SFB bets on micro finance, gold loans, eyes 700 branches by March

Bank chief sees rising price of precious metal helping gold loan segment, but is cautious about volatility and possible softening of prices in near future

Banks may restart lending after Rs 70,000 cr boost but with caution

A significant portion of the capital provided would be tied up in boosting core capital and provisioning against bad debts which would limit the ability of bankers to lend

Visa talks tough on govt's move towards no-fee debit card transaction

Visa critical of India's move towards no-fee debit card transactions

After SBI, RBI Guv says all banks should link loans, deposits to repo rate

Calling for radical corporate governance reforms at state-run banks, Das said their real test would be their ability to access capital from the markets rather than depending on the govt

150,000 bankers to discuss how to make India $5-trillion economy by 2024

To contain high bad loans in the MUDRA scheme, the managers suggested that a national portal be floated to verify the borrower and whether multiple lending has happened

No light at the end of the tunnel?

It's not all gloom and doom in Indian banking

Letter to BS: HSBC, Stanchart, Citi top the charts in customer experience

The report released by RBI is a manifestation of more people coming into the banking system and low levels of financial literacy

New fiscal mindset key to reviving growth

Recycling assets - selling brownfield projects and investing the proceeds in greenfield projects - is India's best bet for growth revival

Jaitley to meet PSU banks chiefs next week; to review financial performance

Lenders have made cash recovery of Rs 365.51 billion in the first quarter of the current fiscal

Rebuilding trust

In April this year, media reports spoke about how RBI had asked the Axis Bank board to reconsider its decision to extend another three-year term for Shikha Sharma

Ordinance to protect convicted

My respected banker friend and his equally qualified wife recently asked me over a heated discussion on Modi, what the minimum expectation from a government should be. My answer was justice. While growth has captured our imagination, justice is a responsibility that the government cannot shirk or ignore