SEARCHED FOR:BANKING SECTOR
Does RBI wants co-operative banks to wither away?
The RBI has often acted with haste and betrayed its understanding of co-operative banks.
Relief amid Covid: FM Sitharaman takes stock of the implementation of key announcements
Finance minister took stock of the implementation of ...
Buy DCB Bank, target price Rs 131: Centrum
The brokerage has lowered loan growth while increasing slippages estimates for the bank for FY21E/...
Buy IDFC First Bank, target price Rs 23: ICICI Securities
Restructuring of the balance sheet is underway and has continued with a rise in run rate of low cost deposits.
RBI constitutes working group to review private bank shareholding norms
The central bank noted that changing financial market landscape arose a need to relook at these regulations since the broad policy relating to ownership and control in private lenders has been guided by the framework issued way back in February 2005.
Neutral on DCB Bank, target price Rs 70: Motilal Oswal
The brokerage remains watchful of asset quality as 60 per cent of the bank’s loan portfolio has availed moratorium.
The poor bring more business to banks in April
Loans to the economically weaker sections in April was nearly 40% higher than loans to big corporates, indicating low credit demand for investments while also pointing to the need for borrowings to keep the poor going at a time when economic activities came to a virtual standstill.
Bad bank idea finds little support from RBI, govt
The proposal for a bad bank has found little traction among the RBI, the government and other lenders.
Canara Bank, Bank of Maharashtra cut MCLR
Bengaluru-based Canara Bank has cut its one-year MCLR to 7.55 per cent from 7.65 per cent earlier. Pune-headquartered Bank of Maharashtra (BoM) has reduced one-year MCLR to 7.50 per cent from 7.70 per cent.
Next couple of quarters to be challenging for banking sector: Nilesh Shah
For now, 9,000-10,000 seems to be a reasonable range for Nifty, says the MD and CEO of Envision Capital.Next couple of quarters to be challe...
Stock Ideas: Motilal Oswal has a buy call on SBI, target price Rs 280
The slippage ratio has moderated in the last few years and stands lower than even the ratios of many private banks.
Share market update: Bank shares up; Axis Bank climbs 5%
The Nifty Bank index was trading 1.66 per cent up at 21747.1.
Banks sanction over Rs 75,000-cr loans to MSMEs under credit guarantee scheme
The finance ministry on Monday said banks have sanctioned over Rs 75,000 crore loans so far under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector reeling under stress due to the coronavirus-induced lockdown.
FM Nirmala Sitharaman asks PSU banks to focus on MSME outreach
Sitharaman asked banks to cut down on paperwork and keep the formalities simple for the sector, the Department of Financial Services tweeted. The minister on Tuesday reviewed the performance of the recently launched ₹3 lakh crore Emergency Credit Line Guarantee Scheme for MSMEs via videoconference.
Pvt sector capex to plunge 20-26% this fiscal: Report
Global supply chains are likely to de-risk themselves from China over the long-term, domestic corporates are unlikely to benefit from such a move in the near-term.