SMALL PRIVATE BANKS
Agenda for small private banks: Bridge the trust deficit
Their faith shaken and fears stirred up by the Yes Bank curbs and PMC’s sudden failure, savers are withdrawing deposits in a ‘safety-first’ approach. So, smaller lenders are now under notice to rebuild their business models around sound risk assessment and better communication.
Private banks increase provisions, but will it be enough?
Private banks have increased its provision coverage ratio (PCR) in the quarter ende...
Rumours about small private banks are motivated, says RBL Bank MD
Vishwavir Ahuja says the bank is extremely well capitalised, and is nearly ...
Suryoday Small Finance Bank raises Rs 62 crore to fund growth
The International Finance Corporation (IFC)-backed Suryoday said that the size of capital raising could have been higher but for the market condition.
Dipan Mehta on why long-term investors are betting on private sector banks
Banks which have got capital, good management and sound underwriting capability will be able to go back to growth rates of 12-15%, says Foun...
Government pushes PSU banks to provide cheaper loans to small businesses
While paring deposit rates-to ensure that all borrowers benefit from the lower rate regime-bankers have been asked to ensure widespread implementation of the Pradhan Mantri Vaya Vandana Yojana, which has been extended by three years up to March 2023. Under the scheme, senior citizens will be paid 7.4% interest during the current financial year with the rate to be reset next year.
Trending stocks: Au Small Finance Bank shares rise over 1%
Shares of Au Small Finance Bank Ltd. traded 1.36 per cent up in trade at 10:32AM on Tuesday.
Avoid small banks & NBFCs for the next few quarters: Hemang Jani
‘Move towards banks which have lower exposure to vulnerable sections’
Reserve Bank extends Rs 15,000-cr credit line to EXIM Bank
The central bank said Export-Import Bank of India (EXIM Bank) depends on foreign currency borrowings for its operations and as a result of the COVID-19 pandemic, it is unable to raise the resources, due to which the facility is being extended.
YES Bank opts for voluntary restructuring of compensation
Earlier, YES Bank employees had contributed one day's salary to the PM Cares Fund.
As personal & small business loans crash, bank lending in April shrinks Rs 1.1 lakh crore
In percentage terms, the sharpest drop was in the personal segment, with middle-class borrowing through credit card outstanding and advances against fixed deposits and shares falling by over 10%.
Economy needs support from PSBs: Union Bank chief
The number of PSBs has come down after amalgamation of several lenders, and their ability to lend has increased manifold, Union Bank of India MD and CEO Rajkiran Rai G said.
ESAF Small Finance Bank expresses commitment for listing
SIDBI Trustee Company Ltd-A/C Samridhi Fund holds 12.24 per cent stake in the bank.
ESAF Small Finance Bank Q4 results: Net profit zooms two-folds to Rs 190 crore
The bank's advances grew 37 per cent to Rs 6,818 crore with deposit rising 63 per cent to Rs 7,028 crore.
Analyst Calls: Coal India, UPL, AU Small Finance Bank
Edelweiss has maintained buy rating on Coal India with a target price of Rs 160.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service