The Economic Times
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| 03 August, 2020, 08:06 PM IST | E-Paper

    Atmadip Ray

    Assistant Editor, ET

    Journalist with two decades of experience. Primary focus is on banking and financial issues. Studied Economics at Delhi School of Economics. Other interest ranges from photography, nature to sports. ...

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    Articles by the author

    Bank of India likely to raise Rs 7,000-8000 croreUjjivan Small Finance Bank open to acquisition and partnerships to grow businessUjjivan SFB Q1 results: Net profit drops 42% YoY as provisions rise seven-foldUCO Bank to soon approach RBI to come out of restrictive PCA framework: CEO
    Deadline for proposed Lakshmi Vilas Bank-Clix Capital merger due diligence extended till Sept 15Lakshmi Vilas Bank Q1 results: Reports net loss of Rs 112 croreIDBI Bank Q1 results: Reports Rs 144 crore net profitDanish company Maj Invest buys 18% equity in SAVE Solutions for Rs 120 crore
    RBI flags fresh liquidity concerns for NBFCsSC upholds NCLT order throwing out Nicco promotersBank of Maharashtra Q1 results: Net profit rises 25% to Rs 101 crorePNB Housing Finance looking to conserve capital
    Banks in West Bengal to remain closed on July 23, July 25 and July 29 due to lockdownFairfax-backed CSB Bank weighs buying out other old private banks to expand its balance sheetShorter business hours suggested for bank branches in West BengalIf the economy opens up fully, chances of recovery are very good: A S Rajeev, CEO, Bank of Maharashtra
    Sidbi Venture Capital looks to tap LIC, SBI, PNB for Rs 750 crore New Horizons FundRBI tells ARCs to follow uniform standards while buying bad loans from banksBandhan Bank Q1 results: Net profit falls 31.6% to Rs 550 crorePSBs to demand govt intervention to defer stake dilution deadline
    Pandemic may lead to higher NPAs, banks need more capital buffer against shocks: RBI GovernorLakshmi Vilas Bank Q4 results: Net profit at Rs 93 crore after several quarters of net lossesBank of Maharashtra board approves raising Rs 3,000 crorePNB Housing Finance actively looking to sell down corporate assets and raise focus on mass housing segment
    Fear of liquidity-fuelled inflation irrational: Motilal OswalSBI to digitise MSME lending, putting senior people to drive growthLakshmi Vilas withdraws mandate it gave to IBA for wage talks7 out of 12 PSBs have negative RoAs and the worst is yet to come
    No relief for Mudra Shishu loan borrowers during moratoriumTop micro lenders face Rs 10,000 crore shortfallNBFCs, HFCs with more than 6pc net NPAs won't be eligible for special liquidity scheme: RBIIran trade: Stakeholders explore non-oil avenue to boost fund flow
    Over 100 global leaders appeal to declare covid-19 vaccines a common goodS&P Global puts Indian Bank on 'credit watch'UCO Bank may become another candidate to exit RBI's PCA frameworkIndian Overseas Bank Q4 results: Reports net profit at Rs 144 crore
    NBFC-MFIs to begin fresh lending only after expiry of moratoriumBandhan Bank, small finance banks emerge as job creators amid coronavirus pandemicIndian Bank Q4 results: Posts net loss of Rs 218 croreSurge in deposits to put pressure on banks’ net interest margins
    Many PSBs walking extra mile to provide succor to corporate borrowers: BankersGovt likely to unveil measures to revive demand: CEA Krishnamurthy SubramanianBandhan Bank says collection efficiency improves to 55% in second week of JuneMicrofinance sector surges about 30% in fiscal FY20
    Nearly 15 per cent of State Bank of India's Mudra loan portfolio turned badReserve Bank of India proposes tougher rules for housing finance companiesGovernment should have a say on prudential banking norms, suggests Swaminathan GurumurthySatin Creditcare Network reports 23 per cent fall in net profit
    PNB Housing drops share sale plan to new investors, looks to raise capital via rights issueMicrofinance firms poised for consolidation after Covid-19-induced lockdownRepayment rising in micro loans; mixed bag for MSME, retailRBI research papers highlight need for more policy measures to fight stress
    Shriram Transport Q4 results: Profit falls more than two-thirds to Rs 223 croreEMI purchases on cards go up with consumers buying even low priced items on financeBank FDs now fetch less than savings accountsReverse migration may open fresh business opportunities to micro lenders: Muhammad Yunus
    US Development Bank to invest $350 million in IndiaAmerica's DFC to invest $350 million in IndiaJapan's Gojo invests Rs 130 crore in Indian financial companies during lockdownPSBs restart the pending post-merger work after lockdown
    Investors raise stakes in India's microfinance sector despite stress during lockdownGovt to arrange special trains to bring labourers back to their workplaces: Anurag ThakurRBI slaps Rs 4 crore penalty on Citibank NA and Rs 1.45 crore on three other banks for flouting rules
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