See uptick in retail loan book; expect 10-12% credit growth this festive season
The ED is in the process of attaching the properties of HDIL
India's largest bank by assets, State Bank of India (SBI) and the sole stock to hang on to this elite list was evicted last week, with its market-cap out falling below that of Bajaj Finance
Although letters of loan sanctions were handed out to customers at the mela, most of these were already under process for some weeks at the branch level
Public sector banks have priced their external benchmark-linked loans lower than their private sector counterparts
It is imperative for the government to keep itself away from decisions of bank functionaries
Is size an advantage for pursuing the objectives of public sector banking? What is the role of India's financial sector in achieving the $5-trillion economy target? Alokananda Chakraborty sums up.
Regulation and supervision of all banks should be made ownership neutral
Discarding attention-grabbing slogans, the government needs to aim for real GDP growth of 8 per cent and higher
Here's a selection of Business Standard opinion pieces for the day
No clarity yet on which banks' shares will make up ETF basket till the mergers
Banks have to set aside capital for loan exposures
Disappearance of public sector banks will be resented by the common man
Amount outstanding is up by over a tenth in a quarter
RBI had earlier this month made it mandatory for banks to link all their fresh retail loans to an external benchmark, effective October 1
Under govt schemes banks were used only for the disbursement of the loans and village-level corruption was endemic
The appellate tribunal for PML held that though banks had not reported the matter to the authorities
BOB is amongst the better capitalised PSBs, with a common equity tier I capital of 8.49% in 1QFY20
Banks to take cue from merger of BoB, Vijaya Bank, and Dena Bank
PSBs are part of the overall universe and cannot be insulated against the ongoing trend