Despite expectations that the worst may be over, total stressed assets, which include NPAs, have steadily increased for the banks in the current fiscal.
Large public sector banks have better access to growth capital, better market valuation, and also some non-core assets to divest holding them in good stead to their smaller counterparts.
Further, the ACC has also approved the proposal of Department of Financial Services for appointment of three Members on the Local Board of RBI.
Central bank officials said they are open to all solutions on solving the NPA problem of banks, including shifting their NPAs into a so-called bad bank.
This RBI survey captures households perceptions compared to a year ago and their expectations a year ahead on a three point scale
Besides Experian there are three other credit bureaus in India namely, Credit Information Bureau of India Ltd (CIBIL), Equifax India and High Mark Credit Information Services.
"The total amount of merger and acquisition transactions in India will almost triple to $49.3 billion in 2019, from $17.5 billion in 2016, before falling off to $38.8 billion in 2020."
"Interest Rate Risk In Banking Book (IRRBB) is a material source of risk to the banks in the long run, it is considered desirable to enhance the requirements applicable to IRRBB," the central bank said.
As per BSE data, promoter shareholding in Kotak Mahindra Bank as on December 31, 2016 stood at 33.61 per cent.
Fitch said that the stressed asset ratio for Indian banks will probably worsen beyond its forecasted 12% in the financial year ending March 2017 higher than the 11.4% .
- No blogs yet have been written by the author, we’re sure the author will contribute one soon