Progress from pause to interest-rate cuts will depend on lot of variables; prediction of end to rate hike cycle is also fraught with risks, though popular view is that RBI will adopt pause policy for long.
As RBI lets curtain fall on Rs 2,000 banknote, only few will mourn its funeral or remember with fondness its fateful journey from days of demonetisation.
Bankers fear RBI’s compromise settlement measure can lead to birth of new defaulters, spoil credit discipline and hurt integrity of banking system.
Rs 500 note as highest denomination currency is more than enough for India, IDFC First Bank CEO V Vaidyanathan has said while welcoming RBI’s decision to withdraw Rs 2,000 banknotes. Here is why.
ESAF Small Finance Bank will soon refile its IPO document but cut size of float by half to Rs 500 crore in face of volatile market conditions, CEO K Paul Thomas told Indianbankingnews.com.
RBI Governor Shaktikanta Das cautions banks against trying to conceal real status of their stressed loans while red-flagging governance gaps at certain lenders.
Bank of Baroda Kerala Zone Head Sreejith Kottarathil talks about profitability, credit growth and how the staff geared up to control NPA additions and beef up loan recoveries.
About 85% of Rs 2,000 notes have returned in form of bank deposits, RBI Governor Shaktikanta Das said; no plans to re-introduce Rs 1,000 notes.
RBI keeps policy repo rate unchanged for second time in a row at 6.50% amid moderation in inflation; MPC votes 5 members to 1 to remain focused on withdrawal of accommodation.
Union Bank of India will be able to maintain net interest margin at 3% in FY24 as it has strong credit pipeline and Rs 2.80 lakh crore of loans are set for repricing, says MD & CEO Manimekhalai.