Page 8 - Private Banks

Promoter, PE stake may go up in private banks; IndusInd, HDFC Bank to gain

Lenders are staring at unexpected asset quality losses due to the slowdown in economic activity after the countrywide lockdown.

Private Banks' Q4 nos may not reflect full extent of Covid-19 hit: Analysts

Among large banks, the brokerage sees ICICI Bank's PAT declining 49 per cent QoQ to Rs 2,100 crore in Q4FY20, followed by a 68 per cent sequential decline in Axis Bank's PAT at Rs 564.6 crore.

RBI to tighten private banks' succession planning with stricter timeline

Ironclad succession process could weigh on extensions for current heads

Most private banks choose 'opt-in' option on loan repayment moratorium

Largest private sector lender HDFC Bank said it would encourage customers with adequate funds to continue repayments to avoid the extra interest charges and tenor extension of the loan

Tamil Nadu warns pvt banks against collecting dues from small borrowers

The state also permitted small caterers serving the elderly to continue supply of cooked food provided their vehicles sport the sticker 'Essential Service' and the drivers have identity cards

Price of leadership

SBI's YES Bank investment raises questions

Low on investor confidence and growth, private banks in for tough days

Majority of private bank stocks are down 10-33% YTD, indicating weaning conviction in the sector

Time to review BR Act as pvt banks struggle for top independent directors

Private banks are struggling to get top-class independent directors on their boards

Weak demand and slowing economy now cast their shadow on private banks

The periodic data from the Reserve Bank of India highlights how the slowdown is hurting the banking sector

In a first, RBI plans to put weak private lenders under the hammer

The banking regulator is seeking an early exit mechanism for private banks under PCA

Corporate governance 'fault lines' emerging at some pvt lenders: RBI report

The central bank said it would focus on improving supervision of around 1,500 UCBs across the country

Indian banks' NPA write-offs to continue amid low recoveries: Fitch Ratings

The state-owned banks account for a dominant share (around 90 per cent) of impaired loan stock and have cumulatively written-off nearly 30 billion dollars in bad loans over the past three years

Private Bank Q2 review: Top-line nos improve; Q3 may see better recoveries

The quarter gone by saw mixed results in terms of asset quality. Among key private players, only ICICI Bank and Axis Bank reported a fall in gross non-performing assets on a YoY basis

Listed commercial banks report Rs 6,675-crore net profit in Sep quarter

Review covers 37 SCBs (18 public sector banks and 19 private sector banks) and the figures are as on November 14

NBFC crisis dragged loan growth to demonetisation lows in Q2: Credit Suisse

While the NBFC sector continues to face the heat, corporate banks seem to be on track to recovery

MFs up the ante on private banks, increase weight to nearly 21%

Fund managers expect well-managed banks to grab higher market share

Banking system is safe: RBI tells depositors again as PMC crisis deepens

The RBI statement came on a day when the Nifty Bank index tanked by 1.30 per cent in intra-day trade amid a barrage of negative news from the sector

No liquidity crisis: FM after 'tonic-like' meeting with private banks

Says sentiment driving lower passenger vehicle sales, says Finance Minister Nirmala Sitharaman

No liquidity crisis, says FM Sitharaman after bankers meeting

Finance Minister Nirmala Sitharaman continues her interactions with lenders, seeking to improve liquidity in financial system.

FM to discuss external benchmarking of loans, MSME credit with pvt bankers

Finance Minister Nirmala Sitharaman is expected to hold a press conference at around 7 pm today