How bank lending and deposits behaved in September

How bank lending and deposits behaved in September

The share of term deposits saw a sharp year-on-year jump in September while bank lending to the priv..

Canara Bank plans to move credit card biz to subsidiary arm, buy out partners

Canara Bank plans to move credit card biz to subsidiary arm, buy out partners

Canara Bank is planning to buy out the stakes of its minority partners in an unlisted subsidiary and..

RBI supersedes board of Abhyudaya Co-op Bank for poor governance

RBI supersedes board of Abhyudaya Co-op Bank for poor governance

The Reserve Bank of India (RBI) on Friday superseded the board of Mumbai-based Abhyudaya Cooperative..

SBI’s unsecured loans to see moderation after RBI’s tightening: Chairman

SBI’s unsecured loans to see moderation after RBI’s tightening: Chairman

The Reserve Bank of India’s tightening of norms in unsecured lending will moderate growth in that se..

RBI’s unsecured loan norms: Not much impact on RBL Bank’s margins, says CEO

RBI’s unsecured loan norms: Not much impact on RBL Bank’s margins, says CEO

The normal impression would be that RBL Bank’s margins would be deeply impacted with the Reserve Ban..

Banks may need Rs 84,000 cr more as RBI tightens norms on consumer loans

Banks may need Rs 84,000 cr more as RBI tightens norms on consumer loans

The Indian banking system will require Rs 84,000 crore of excess capital due to revised unsecured lo..

RBI’s move on unsecured loans to hurt banks more than economy

RBI’s move on unsecured loans to hurt banks more than economy

The Reserve Bank of India’s clamp down on risky consumer lending is likely to hurt banks but only ha..

SBI not to be impacted by RBI’s new directive on risky consumer loans

SBI not to be impacted by RBI’s new directive on risky consumer loans

The Reserve Bank of India’s directive to increase risk weights on unsecured consumer loans will not ..

UCO Bank erroneously credits Rs 820 crore to account holders

UCO Bank erroneously credits Rs 820 crore to account holders

In a major slip, UCO Bank has erroneously transferred Rs 820 crore to some of its account holders du..

SBI chairman on unsecured loans, lending margins, CASA focus

SBI chairman on unsecured loans, lending margins, CASA focus

State Bank of India’s lending margins may get compressed by 3-5 basis points due to deposit repricin..

High growth in unsecured loans to remain even if risk weights increase

High growth in unsecured loans to remain even if risk weights increase

Growth in the unsecured loan segment will remain strong even if the Reserve Bank of India (RBI) incr..

RBI fines PNB, Federal Bank, 2 others

RBI fines PNB, Federal Bank, 2 others

The Reserve Bank of India (RBI) has penalised Punjab National Bank, Federal Bank, Kosamattam Finance..

No rise in risk in unsecured loans: Axis Bank CEO

No rise in risk in unsecured loans: Axis Bank CEO

Axis Bank is not seeing any rise in risk in its unsecured lending portfolio even as it has stayed aw..

IDBI Bank’s deferred tax assets at Rs 11,520 crore

IDBI Bank’s deferred tax assets at Rs 11,520 crore

The government has informed the prospective asset valuers of IDBI Bank that the lender has deferred ..

Bhavendra Kumar elevated to ED role in Canara Bank

Bhavendra Kumar elevated to ED role in Canara Bank

Bhavendra Kumar has been elevated to the post of executive director at Canara Bank, after getting ap..