Page 32 - Indian Banks

Last rate cut for now but there're more bullets in RBI's chamber

Following this, the reverse repo rate, or the rate at which the banks perk extra liquidity with the RBI, was reduced to 3.35 per cent from 3.75 per cent - both at their historic lows.

What steps did the govt take to prevent MSMEs from defaulting on loans?

Two important steps have been taken in this regard by the govt

All for liquidity: Watch every rupee, chase dues, and refinance debt

Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs

Stimulus 2.0: Banks will monitor solvency, guarantees cool credit risk fear

While the issue of providing liquidity to existing borrowers who are sapped of revenues has been addressed, banks will have to undertake due diligence on the solvency of units, said bankers.

MSME sector's bad loan ratio at 12.5% as of January, shows report

NPA level of public sector banks has increased from 18 per cent in December 2018 to 19 per cent in December 2019

YES Bank auditor red-flags multiple breaches of RBI's norms in FY20

Bank sets aside Rs 334 cr for expected penalty for SLR breach

Blue chips see cuts in target prices; half of Nifty sees cuts of over 15%

According to data from Bloomberg, banks have seen among the sharpest cuts in target prices -- between 16 and 60 per cent.

Delinquency in credit card industry improved by 5 bps in 2019: Report

The outstanding portfolio of private banks in the credit card space has increased by 59 per cent year-on-year while other issuers saw a 20 per cent growth in 2019 over 2018.

Slowdown blues: Incremental credit flow drops 64% to Rs 6.04 trn in FY20

Economic slowdown hits activity, adding fuel to the fire

BofA Securities pegs PSBs recap requirement at Rs 52,990 cr - Rs 113,550 cr

BofA Securities believes one way to fund the requirement is via recapitalisation bonds.

Covid-19 crisis: RBI may extend moratorium on bank loans by 90 more days

Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RBI is actively considering them, according to sources.

RBI guv Das chastises banks not doing enough on lending, NBFC liquidity

Relaxation likely on branch audit as Guv meets bankers

RBI governor Shaktikanta Das to hold meeting with bank chiefs today

The meeting will take stock of implementation of several steps announced by the RBI, including moderation in interest rate and its transmission, as well as liquidity infusion measures for industry

Covid-19: Average card spend falls 25% as shopping, travel take back seat

With malls and shops closed, spending avenues are practically non-existent.

Lockdown 2.0: Coronavirus-hit units get Rs 10,000 crore from banks

Banks have built internal capacities for assisting companies, including micro, small & medium enterprises (MSMEs).

RBI opens Rs 50,000-crore special liquidity window to support mutual funds

According to the available data, the credit risk fund category saw its assets under management (AUM) dip by another 12 per cent in April to Rs 48,392 crore

RBI considers standing deposit facility to manage extra liquidity

No firm decision has been reached on this, said sources. The SDF, when introduced, will become the lower bound of the corridor for the liquidity management window.

RBI's EMI moratorium could give Rs 2.1 trn liquidity to companies: Report

'Sectors with higher leverage will be major beneficiaries'

RBI's reverse repo cut big, but banks must increase risk appetite: Experts

DBS Bank India Economist Radhika Rao said the reduction in the reverse repo rate is meant to prod banks to consider lending activity rather than park funds with the central bank

Default-wary banks say won't use RBI funds for low-rated companies

The first TLTRO facility took place on March 27, and so far Rs 1 trillion has already been deployed.