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SURESH KHATANHAR
IDBI Bank ropes in EY to sell ₹4,000 cr distressed debtIDBI Bank hopes to recover about 15-18% from the portfolio sale, one of the people said. It has 631 accounts with principal loans of ₹4,000...- We continue to improve our efficiency and financial parameters: Suresh Kishinchand Khatanhar, IDBI BankSo coming to the liability front, the overall, in the economy itself there is a liquidity squeeze. Now, we have to see in a different persp...
- Policy on expected lines, RBI has not let down its guard on inflation: Bankers"The pause on the rate front and no change in the stance of the policy were on the expected lines. Evidently, RBI has not let the guard dow...
- Banks could expect more deposits after mutual funds lose indexation benefitOn Friday, the Lok Sabha passed the Finance Bill 2023 with some amendments. According to the Bill, mutual funds having less than 35% assets...
- Bank loans to services sector surpass credit to industriesData available till November 18, 2022, show the outstanding loans to the services sector at ₹33.15 lakh crore, up 21.3% in one year. Outsta...
- RBI rate hike to manage growth-inflation dynamics, say bankersSBI Chairman Dinesh Khara opined that the monetary policy statement, which was on expected lines, is a nudge to stay nimble and agile in a ...
- Healthcare's booming & banks are going all out to finance itWhile Axis Bank has formed a separate team to focus exclusively on this segment, Bank of Baroda (BoB) has brought in a co-lending partner t...
- IDBI Bank raises interest rates on retail term deposit by up to 25 basis pointsEarlier today, State Bank of India had also raised lending and deposit rates following the Reserve Bank's repo rate hike last week. SBI sai...
- IDBI Bank set to foray into new loan segments to control slippagesThe bank is also looking to aggressively grow its co-lending book. It has already onboarded four NBFCs for co-lending to MSMEs which includ...
- Lenders lend a helping hand to firms battling disruptionsWhile these discussions are at a very nascent stage, banks are seeking to pre-empt working capital disruptions for companies in the export ...
- IDBI Bank, U GRO Capital ink a co-lending agreementU GRO Capital has been building its GRO – Xstream platform, which through APIs integrates with banks on one side and with fintechs, payment...
- IDBI Bank launches digital loan processing system for MSME, agri borrowersThe Loan Processing System (LPS) for MSME and agri products seamlessly integrates with data fintechs, bureau validations, document storage,...
- RBI turns focus to small borrowers, allows another loan recastBesides providing a restructuring window for small borrowers, the central bank also has allowed banks to extend the moratorium period for b...
- Latest round of Covid restrictions has lenders fretting over rising defaultsYesterday, Maharashtra, which has seen a resurgence of infections, announced a weekend lockdown starting 8 pm of Fridays to 7 am on Mondays...
- Bankers welcome SC order but brace for hit on reversal of interestAlthough the Supreme Court (SC) has rejected petitions for a complete waiver of interest and extension of moratorium until the end of FY21,...
- IDBI turns in a profit, hopes for quick exit from corrective actionIt is only on the RoA that the LIC owned private sector lender does not qualify.
- Stocks in the news: RIL, Bharti Airtel, TCS, YES Bank, Vodafone Idea and HCL TechSources told PTI that no AGR demand notice was served either on GAIL or PowerGrid.
- Suresh Kishinchand Khatanhar takes charge as deputy MD of IDBI BankSuresh Kishinchand Khatanhar has exposure in retail banking business, priority sector lending, corporate banking (mid corporate and large c...
- Baby steps before leap: Global banks, now sense a new vista — regional tradeWith RCEP & trade deals, banks realise the future lies in regional areas and are preparing to grab opportunities.
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