Page 26 - Indian Banks

Don't declare accounts NPA till further orders, says Supreme Court

A three-judge Bench will hear the case next on Thursday

FM to meet heads of banks, NBFCs to review loan recast scheme on Thursday

The Reserve Bank of India (RBI) last month permitted one-time restructuring of both corporate and retail loans without getting classified as a non-performing asset (NPA)

'Wounds in the loan-book are deep'

Indian economy is facing an unprecedented contraction in India's GDP in FY21, described as the "worst health and economic crisis in [the] last 100 years," by the RBI Governor

Unlock BFSI 2.0: Rajnish Kumar, Aditya Puri on their success mantra, more

Puri, who counts JP Morgan CEO Jamie Dimon as one of his inspirations, says the biggest challenge of his career was to scale up HDFC bank

Unlock BFSI 2.0: Early to predict the economic recovery curve: Bank CEOs

Top bank executives attempted to shed the tag of being risk-averse and averred that viable businesses would get the red carpet from lenders

CRISIL upgrades YES Bank's certificates of deposit from 'A2' to 'A2+'

YES Bank's total deposits increased to Rs 1.17 trillion (including CD) as on June 30 from Rs 1.05 trillion as on March 31

Unlock BFSI 2.0: Time for banks to look 'deeply within', says RBI Guv Das

Current pandemic-related shock has placed a greater pressure on banks, and this may lead to an erosion of their capital. Tune in to this podcast to know Governor Shaktikanta Das' take on the matter

Top headlines: States to borrow Rs 2.35 trn, Ladakh situation 'serious'

Here are the top headlines of the day

Banks 'prudent, careful' as economic recovery will take long: CEOs

The bankers were responding to RBI governor Shaktikanta Das's statement that banks risked their own growth by being "extremely risk averse"

Don't hide behind RBI, clarify your stand on loan moratorium: SC to govt

A Bench headed by Justice Ashok Bhushan said the government had failed to clear its position on the issue despite the fact that ample powers were available with it under the Disaster Management Act

Covid-19 impact: Moody's lowers SBI's baseline credit assessment to 'ba2'

The rating agency, however, affirmed SBI's Baa3 deposit ratings

HDFC Bank bad loan ratio may widen to decade high, says CEO-designate

The bad-loan ratio might widen to 1.4% to 2%, which will be close to the highest level since the global financial crisis, Sashidhar Jagdishan said in a conference call with analysts on Friday

SBI, PNB, BoB may go for share sale in FY21 to shore up capital: Report

According to the sources, banks would get a better picture about their Non-Performing Assets (NPAs), one-time loan restructuring and consequent ratings latest by the end of October

Govt appoints Ashwani Bhatia as SBI MD, to continue till retirement

Bhatia will be the fourth managing director at the country's largest lender

Kamath panel races against time to meet Sept 6 deadline amid Covid-19

Senior bankers working closely with the committee said all panel members are on board and are actively participating in deliberations

Avoid frequent ad hoc review of loan facility for businesses: RBI to banks

RBI said that an analysis of practices followed by the lenders has brought out certain supervisory concerns including frequent and repeated ad-hoc review of credit facilities instead of regular review

Cabinet secy-led panel interviews 8 candidates for RBI deputy guv's post

This vacancy for RBI deputy governor's post has been reserved for the central bank's internal candidate, who would look after key supervisory and regulatory functions at the Mint Road

Ashwani Bhatia appointed Managing Director of SBI up to May 2022

Bhatia is at present working as the Deputy Managing Director in SBI

Bank moratorium was a temporary solution: RBI governor Shaktikanta Das

On rate cuts, governor says RBI will intervene when needed

HSBC India comes up with green deposit programme for corporate clients

Under the scheme, deposits will be used to finance environment friendly projects