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We'd like to be seen as a full service new-age private bank: CSB Bank chief

In a Q&A, C V R Rajendran, MD & CEO, CSB Bank Ltd, dwells on how the lender turned around in FY20, after several years of losses

PNB Q4 loss narrows to Rs 697 cr, CEO expects Rs 8k-cr recovery this fiscal

The bank's total income during the March quarter rose to Rs 16,388.32 crore from Rs 14,725.13 crore in the year-ago period

Govt may not privatise PSBs in FY21 over low valuations, high NPAs: Report

The government will refrain from distress sale of its entities, especially if they are in strategic sectors

Why most businesses, startups trying to register as MSMEs may not get loans

The government had last month announced loans worth Rs 3 trillion for an estimated 4.5 million MSMEs that are facing a liquidity crunch since last year

IDBI Bank reports PBT of Rs 289.66 cr for Q4FY20 over healthy rise in NII

The bank's net interest income (NII) rose by 46 per cent to Rs 2,356 crore in Q4FY20 from Rs 1,609 crore Q4FY19

RBI imposes penalties on three banks for non-compliance of norms

Bank of India suffers Rs 5 cr fine, Karnataka, Saraswat hit with Rs 1.2 cr and Rs 30 lakh penalty

Kotak Bank profit before tax slips 10.6% at Rs 2,674 cr for March 2020 qtr

Profit down due to Covid provisioning and lower other income

NCLT orders insolvency procedure for Eason Reyrolle on SBI, Canara plea

The banks together claimed over Rs 230 crore from the company, along with interest and other charges

Covid-19 crisis: SBI to disburse Rs 700 cr to MSMEs in Mumbai by June

Among all banks, SBI controls a market share of 22% in the MSME lending

Top 10 biz headlines: Brent crash adds to oil chaos; bank notice to malls

Here are the top 10 business headlines on Wednesday

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

RBI has made life a bit easier for NBFCs, MFIs amid Covid-19 pandemic

The RBI has indicated that it expects inflation to come down by September, which means that more rate cuts are in the offing

Covid-19 impact: Banks raise concern over fresh NPAs of Rs 50K crore

The banks are expected to start credit operations from April 20, in a bid to help a staggered restart of the economic activities

Come September, bad loans will zoom

The only way to save the financial system and the economy is the Reserve Bank relaxing banks' asset classification norms

Covid-19 crisis led to Rs 4,000-cr fresh NPAs: PNB MD CEO Mallikarjuna Rao

He says there can be an impact on profitability as there will be more NPAs

Covid-19: Amid economic slump, banks' credit costs, NPAs to rise in 2020

The report noted that an additional USD 300 billion spike in lenders' credit costs and a USD 600 billion increase in (NPAs) will occur in 2020 due to the adverse impact of coronavirus pandemic

Covid-19 relief: Staggered 180-day bad-loan breather on cards for banks

RBI may allow relaxation in delinquency period, go easy on additional collateral requirements

It'll be a positive surprise if earnings grow in FY21, says Jigar Shah

Further fall will depend on whether the coronavirus (Covid-19) situation lasts beyond May-June 2020

Value investors will find enough bargains

But they must look for a cushion of safety when taking long-term positions

Exporters want extension of promotion schemes amid coronavirus spread

Collateral free lending up to Rs 2 crore with the collateral requirement capped at 35-40 per cent for lending beyond Rs 2 crore, also feature in the list of demands