Page 21 - Indian Banks

Short-cut on bank recap

P&SB's zero-coupon bonds violate prudent accounting practices

Union Bank gets shareholder approval to raise up to Rs 6,800 crore

Shareholders of Union Bank of India approved the bank's proposal for raising up to Rs 6,800 crore equity capital to fund business growth

RBI may red-flag Punjab and Sind Bank's Rs 5,500-crore zero-coupon bonds

Bank could be asked to hold it at discounted value in HTM

Why banks should spend on branches despite increased digital penetration

Though the functions of a branch may have not changed in years, their focus has shifted from transaction to customer retention

Digital dangers

Unauthorised lending apps must be stopped

Best of BS Opinion: Flashback 2020, puzzles of new data on health outcomes

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

CAG writes to RBI on banks' status post-recap over the past 5 years

Wants RBI to give performance details over the past five years

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

Bankers' sentiment on lending improves; loan demand to rise: RBI survey

The Covid-19 pandemic and the related lockdown led to significant contraction in loan demand across all sectors during April-June 2020

Banks will focus on cash flow-based lending in future: UCO Bank's Ajay Vyas

Banks are likely to focus on cash flow-based lending in times to come, a top executive of UCO Bank has said

Economy well placed to capitalise on recovery in 2021, says K V Kamath

In an interview with Abhijit Lele, K V Kamath'said India needs to be mindful of the pain that exists in the self-employed category and those with unsecured loans

Banking system liquidity on the slide due to advance tax outflow

As of Monday, the banking system liquidity was at a surplus of Rs 4.95 trillion, as against Rs 6.13 trillion a week earlier, on the eve of the deadline for the third instalment of advance tax

SBI extends global trade finance solutions to Israeli corporates

This comes after recent Abraham accords leading to normalisation of ties between Israel and Arab states

RBI okays Sandeep Batra's appointment as executive director of ICICI Bank

The Reserve Bank of India approved the appointment of Sandeep Batra as the Executive Director of ICICI Bank

India's two looming challenges

Government's New Year resolutions should be to revive domestic demand while addressing the Chinese threat

A tryst with hubris

Book review of Yes Man: The Untold Story of Rana Kapoor

CMS Info Systems plans to invest upto Rs 1,300 crore on ATM ramp-up

Rajiv Kaul, vice-chairman and wholetime director, CMS Info System, said that starting with a capital expenditure of Rs 180-200 crore, the company expects to create 2,000 jobs

Centrum-BharatPe, Liberty group in race for beleaguered PMC Bank

Deal could mark the entry of corporates into UCBs

Interchange of Rs 15 makes ATM channel unviable: NCR India's Navroze Dastur

NCR Corporation, the world's largest vendor of ATMs, has over 50 per cent share of the local market, but business could be better, says NAVROZE DASTUR

Past imperfect, present better, future uncertain

Incidents of corporate loans turning bad could be less than anticipated, but the banks' challenge will be retail loans. Large-scale job losses will have a bearing on the retail portfolio