CSB Bank’s gold loan portfolio leapt 60.36% to touch Rs 5,633.75 cr in the fiscal 3rd quarter ended 31 Dec.
HDFC Bank’s CASA mix increases to 43% in Dec quarter, up from 39.5% a year ago and 41.6% from preceding quarter; advances up 16% YoY.
Yes Bank’s loan book up 1.3% in Dec quarter to Rs 1,69,050 cr; gross retail disbursements also up.
Bank chief executives are having to walk a tightrope as the economy struggles to bounce back. They weigh the RBI policy, which seeks to nurture growth and contain inflation in the wake of the Covid-19 pandemic.
RBI is looking into frequent disruptions in service suffered by YONO users and other mobile banking services offered by SBI.
Failure of big NBFCS like IL&FS and DHFL is forcing RBI to put in place prudential guidelines akin to those that govern scheduled commercial banks.
DBS Bank India has received capital infusion of Rs 2,500 crore from its parent to support the amalgamation of Lakshmi Vilas Bank with itself.
RBI brings 26 stressed sectors, identified by Kamath Committee, within ambit of sectors eligible under TLTRO, up from 5 sectors it allowed earlier.
As part of its strategy to grow its asset management business under its own franchise, state-owned Bank of India is buying out AXA Group's stake in two entities to take full ownership of these subsidiaries.
RBI asks HDFC Bank to halt launches of its digital business generating activities under 'Digital 2.0', along with sourcing new credit card customers. The order is prompted by 3rd big outage in 2 years.
Plans are also afoot to expand retail and MSME portfolio to over 60% of loan book by 2023, from current 45% level.
The next phase will see the migration of all branches of e-Andhra Bank to Finacle 10 in the current financial year.
In a setback to the promoters, the Bombay HC has refused to stay Lakshmi Vilas Bank's merger with DBS which will be effective from 27 Nov.
Bank credit growth has decelerated to 5.8% in the Sep quarter from 8.9% in the year-ago period, according to RBI data.
