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SASWATA GUHA
PSU banks ahead of private peers in raising loan ratesIn May 2022, average lending rates on fresh loans taken from PSBs increased by 37 basis points while private sector banks increased rates o...
Loan growth shows virus leaving deep scars on India’s economyLoans to companies and individuals has been growing at a subdued 5.5%-6% in recent months, which is half the pace seen before the pandemic ...
Whatever banks are reporting does not present the full picture: Saswata Guha, Fitch RatingsNot everything that is arguably stressed is getting recognised at the moment as NPL, says the Fitch Ratings Director.
Worst unemployment in decades strains Indian consumer loansIndia’s bad debt malaise has so far centered on corporate debt. But now the situation may be changing.
Excessive lending to NBFCs may increase risks for banks in medium term: Saswata Guha, FitchWhen there is a systemic issue, it needs some serious policy intervention.
Saswata Guha on why Fitch downgraded Axis & ICICI BankFrom governance aspect, Indian banks in general have disappointed in recent years, says Guha.
PSBs driving negative outlook on Indian banks: Saswata Guha, Fitch RatingsIndia’s problem is by and large a home grown one vis-à-vis the regional countries, says Guha
A strong balance sheet essential for independence, credibility of RBI: FitchReduction of capital reserves to global level could free up to Rs 3.6 lakh crore.
Restructuring of MSME loans a 'step backwards', risks to manifest in 6-9 months: FitchRelaxation of lending norms to spur growth is "never a good strategy", he said, adding the legacy problem loans will continue to be a bigge...
Cash-Rich CPSEs may be nudged to invest in Rs 1.35 lakh crore recap bondsEarlier, govt had announced a Rs 2.1L-cr bank recap plan, of which Rs 76K-cr will come from budgetary support, bank stake sales, and Rs 1.3...
Capitalisation bonds may be floated to support PSBs“We are looking at a host of strategies to strengthen PSBs (public sector banks) and this (is) one of them,” said a senior finance ministry...
Dhanlaxmi Bank in pvt sector and half of PSU banks run risk of skipping coupons: Saswata Guha, Fitch RatingsA concerted effort is neccessary for all of those efforts will not be possible unless and until the critical question of capital is met
New AT1 rules double PSBs'debt servicing ability to Rs 2.3 trillionGlobal rating agency Fitch welcomed the move, saying this will also help them raise domestic capital but does not fully eliminate the defau...
Is Dhanlaxmi Bank raising default risk for the industry?This followed Reserve Bank of India’s restrictions on the private sector lender from paying coupon on its subordinated bonds, which don’t g...
Indian banks need $90 billion capital by Financial Year 2019: FitchCapital infusions will help reduce rating downside risk, but may not lead to upgrades unless strong capital buffers are maintained on a sus...
Fitch sees banks' NPA ratio improving to 10.9% by March-endFitch today said the non-performing assets ratio of banks is likely to improve marginally to 10.9 per cent by the end of this fiscal.
There is still fair amount of latent stress in banking sector: Saswata Guha, Fitch India"Irrespective of the election outcome, there is still a fair amount of latent stress in the system, which will continue to flow through."
Fitch says bad loans of Indian banks likely to peak by FY16Fitch today said bad loans in India's banking system are likely to peak in FY2015-16, but stopped short of putting a number to the same.
PNB and BoB shares remain weak after Fitch downgradeShares of PNB and BoB were witnessing profit booking after Fitch downgraded viability ratings of the duo by one notch to 'bb+' from 'bbb-'.
PSU banks ridden with challenging exposures vs private sector banks: Saswata Guha, Fitch Ratings"The point we are trying to make is that while recovery will happen, it will probably be slower than what we had initially estimated."