It seems that the worst is over for the Indian banking system. International rating agency Moody’s said on Monday that pace of bad loan formation will be slower in
The pace of bad loan formation is going to slower resulting in a stable outlook for the Indian banking sector over the next 12-18 months, Moody's investors service said on Monday.
As some of the large microfinance institutions (MFI) get ready to exit the market after starting operations as small finance banks, medium-sized players are poised to receive an increased bank
The Reserve Bank of India (RBI) has asked the Indian banks’ association (IBA) to review the existing criteria for rating of loans to micro, small and medium enterprises (MSMEs), which
- Sep16By Reuters
Finance minister Arun Jaitley pushed back on Friday against calls to increase the allocation of funds to recapitalise PSU banks saddled with the bulk of the banking sector's $120 billion
By FC Policy Bureau
Key issues like priority sector lending, clean up of balance sheets and implementation of social security schemes like Atal Pension Yojana will top the agenda when finance minister Arun Jaitley
With bad loans of state-owned banks hitting staggering levels, a group of economists, financial sector experts and politicians on Wednesday called for making it mandatory for lenders to disclose key
The transitional phase of banks still throws surprises at the Street, which is solely focussed on asset quality. While many earlier believed that the asset quality pain was over and the new financial year would augur stability, a rise in bad loans at public sector banks and private banks during the June quarter proves that more pain is left in the banking system.
The interest rate on one-year retail fixed deposits seems to be heading to the sub-7 per cent zone. Domestic bulk term deposit of Rs 1 crore and
Stringent RBI norms proposed for corporate lending are expected to nudge banks towards consumer loans, SBI chairperson Arundhati Bhattacharya has said while reiterating that there is no bubble in the retail segment.
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