FALAKNAAZ SYED, Deccan Chronicle Page 14

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Gross NPA ratio were at 10.25 per cent and net NPA was 3.91 per cent.

Banks cut MCLR rates after RBI nudges on transmission

Bank of Baroda-'s one-year MCLR will be 8.25 per cent, 5 basis points (bps) below the exsisting level, effective...

11 Dec 2019 1:32 AM IST

With conventional sources of fundingbank loans, bonds and commercial paper becoming difficult to access, many non-banks (NBFCs) have been rushing to securitise their receivables, especially after the credit crunch post the IL&FS crisis in September 2018.

Securitisation shores up retail loan growth figures

Consumer behaviour in the past 18 months throws up an unusual trend: spending has slowed, but borrowings remain robust.

11 Dec 2019 1:25 AM IST

The bank had provided Rs 1.06 lakh crore for the bad loans but the provisions for the NPAs as assessed by the RBI was Rs 1.18 lakh crore.

SBI under-reported close to Rs 12,000 crore bad loans

Bank would have made Rs 6,968-cr net loss instead of profit.

11 Dec 2019 1:22 AM IST

On October 29, a senior official said there were good enough reasons to refer the DHFL matter to the SFIO.

Write off DHFL exposure

Like in IL&FS, a similar procedure will have to be followed: Khuntia

7 Dec 2019 2:24 AM IST

PSBs may get nod to hold over 10 per cent in two insurers

Breather for public sector banks post-amalgamation.

7 Dec 2019 2:20 AM IST

Reserve Bank of India (RBI)

NBFCs, MFIs & co-ops can now become SFBs

The minimum paid-up voting equity capital or net worth requirement has been set at Rs 200 crore, up from Rs 100 crore as...

6 Dec 2019 1:40 AM IST

The barely two-year-old P2P lending market is estimated to be valued at more than Rs 300 crore. Since 2017, the Reserve Bank of India (RBI) has given approval to as many as 20 P2P firms. Four of these firms are based in Hyderabad.

Even RBI loses hope on acche din for economy

GDP forecast slashed from 6.1% to 5 per cent; inflation looms.

6 Dec 2019 12:48 AM IST

PNB holds around 30 per cent stake in PNB MetLife India Insurance as a promoter and OBC holds 23 per cent stake in insurance joint ventureCanara HSBC Oriental Bank of Commerce Life Insurance Company. Following the merger, which will come into effect from April 1, 2020, PNB will take over OBC and United Bank.

Public sector banks told to outline insurance JVsâ€™ future

Banks will have to take a call and then come to the regulator with a road map on what they want to do: official.

3 Dec 2019 1:46 AM IST

On October 29, a senior official said there were good enough reasons to refer the DHFL matter to the SFIO.

DHFL issue at National Company Law Tribunal

As of July 2019, the third largest pure play mortgage lender owed Rs 83,873 crore to banks.

30 Nov 2019 1:52 AM IST

The MPC is scheduled to meet during December 3-5 and announce the final outcome for the fifth bi-monthly monetary policy on December 5, a week after the government releases the second quarter GDP numbers on November 29.

Monetary Policy Committee to be split on rate cut decision

Inflation as measured by the Consumer Price Inflation Index (CPI), came in at a 16-month high at 4.62 per cent for...

25 Nov 2019 2:07 AM IST

However, corporate watchers said the RBI superseding the DHFL board is an action that has come too late, as DHFL is now left with assets that its management could not sell and the mortgage lender has lost franchise value.

Reserve Bank of India supersedes DHFL board

The central bank also said it would shortly initiate the process of resolution of the company under the insolvency and...

21 Nov 2019 1:05 AM IST

Both the PSBs and PVBs recorded a steady rise in their net interest income at 12.9 per cent and 20.4 percent, respectively, during the September 2019 quarter.

Private banks stay in profit, PSBs return to losses

Asset quality of public sector banks improves in Q2.

20 Nov 2019 12:54 AM IST