Industry credit expected to grow over 12%: FICCI-IBA surveyA survey by FICCI and IBA reveals that 62% of banks expect non-food industry credit growth to exceed 12% in the next six months. The bankin...
Credit growth outpacing deposit growth could lead to liquidity challenges: ReportCredit growth is surpassing deposit growth, posing potential liquidity challenges for banks, according to a FICCI-IBA report. Banks are foc...
Fintech should work together with banks to develop scalable, regulatory compliant solutions: Financial Services Secretary Vivek JoshiFinancial Services Secretary Vivek Joshi urged greater cooperation between fintech firms and banks to create scalable, compliant solutions....
Higher interest rate puts pressure on CASA deposits: SurveyA report has shown that higher interest rates have led to a decrease in Current Account Savings Account (CASA) deposits, as savers are shif...
NPAs expected to increase in first half of 2021: FICCI-IBA surveyThe findings are part of the 12th round of bankers' survey carried out by FICCI-IBA between July and December 2020.
Growth a matter of highest priority for RBI at this juncture: Shaktikanta Das“The pursuit of financial stability has always been a policy priority in India."
Banks eyeing big-ticket reforms in Budget: SurveyLenders believe a hike in FDI limit for state-owned banks will help in raising further capital and thereby meeting capital requirements und...
MSMEs, shopkeepers use cash & cheque for majority of transactionsAccording to a report by Ficci IBA BCG, this is despite almost all of them having access to the internet.
Bank of Maharashtra plans to raise around Rs 1000 crore via Tier I bonds this yearBank of Maharashtra today said it plans to raise around Rs 500-1,000 crore by issuing Basel III-compliant Tier-I bonds this year.
IBA panel suggests steps to improve ATM securityOne of the key suggestions is to set benchmarks for companies that carry cash from banks for replenishing ATMs.
- Indian Bank defers FPO plan for now
State-run Indian Bank has deferred its plan of launching a follow-on public offer (FPO) due to poor market conditions.
- Indian banking sector to be 3rd largest by 2025: BCG
The Indian banking sector is poised to become the world's third largest in asset size over the next 14 years, a report released here said.
- RBI won't ease infrastructure lending rules for banks
The Reserve Bank of India (RBI) has made it very clear that it is not in favour of giving banks any further relaxation in lending to infras...
- Banks have to cut deposit rates for bond yields to fall: RBI
Reserve Bank Deputy Governor, K C Chakrabarty, today said that rise in bond yields was not a concern for the central bank and yields would ...
- RBI says policy measures on inflation showing results
A senior RBI official says that monetary policy measures taken by the apex bank have kept inflation expectations down, which contributed to...
- RBI says policy measures on inflation showing results
The monetary policy measures taken by the Reserve Bank have kept inflation expectations down, which contributed to corporate performance, a...
- Canara Bank to raise $300 mn in Nov
Public sector Canara Bank on Tueday said it plans to raise $300 million through combination of medium term notes (MTN) and perpetual bonds ...