Bankruptcy law credit positive for banks: Moody's
The current weak legal framework for asset resolution has been a key structural credit weaknesses for Indian banks, it said.
May 26, 2016, 15:04 PM IST
Indian banks have capacity to launch South Asian Shariah Fund
The leading Indian banks have the capacity to launch a South Asian Shariah Fund to capitalize the region's untapped market for Islamic finance which requires multi-billion dollars of financing annually.
Apr 06, 2016, 09:44 AM IST
Indian Bank raises Rs 500 crore via additional tier-I bonds
State-run Indian Bank today said it has raised Rs 500 crore by issuing additional tier-I bonds.
Mar 31, 2016, 13:35 PM IST
Banks' asset quality to remain under pressure this year: S&P
Indian banks' asset quality and capitalisation are likely to remain under pressure in the next 12 months mainly because of tepid industrial activity and high leverage by some corporates, Standard & Poor's said Tuesday.
Mar 22, 2016, 18:47 PM IST
Raghuram Rajan meets top bankers, discusses NPA woes
Days after the Reserve Bank set March 2017 as the deadline for lenders for cleaning up balance-sheets, top bankers on Monday met Governor Raghuram Rajan to discuss a way out of the asset quality woes.
Dec 14, 2015, 19:39 PM IST
India to grow at 7.4% this fiscal, says S&P
India's economy will grow at 7.4 percent in the current fiscal, which will further improve to over 8 percent in 2016-17, Standard & Poor's Ratings Services projected Thursday.
Dec 03, 2015, 14:11 PM IST
Indian banks more stable but challenges remain: Fitch
Public sector banks require Rs 2.40 lakh crore capital by 2018 to meet global Basel III norms.
Nov 26, 2015, 16:07 PM IST
Fitch affirms ratings on 9 Indian banks
International ratings agency Fitch has downgraded viability rating of state-run Punjab National Bank by a notch while affirming ratings on nine banks, including SBI and ICICI Bank.
Sep 01, 2015, 19:17 PM IST
Asian dividend funds turn to China, India to counter US Fed hike
Some fund managers say they are shifting from traditional favourites such as investment trusts, telecoms and utilities to emerging market companies offering faster earnings growth and cheaper valuations.
Aug 03, 2015, 08:41 AM IST
Banks to witness bad-loans pressure in FY'16: Moody's
State-owned banks have little capacity to improve their generally weak capital buffers through retained earnings as capital infusion, including from government, is likely to remain scarce, it said.
Jul 28, 2015, 15:40 PM IST
Banks to witness bad-loans pressure in FY'16: Moody's
State-owned banks have little capacity to improve their generally weak capital buffers through retained earnings as capital infusion, including from government, is likely to remain scarce, it said.
Jul 28, 2015, 15:40 PM IST
Unable to pay loan? Get ready to be named and shamed
India`s bad debt pile, dominated by corporate loans, is at its highest in a decade, swollen by an economic slowdown, loose lending and, in many cases, banks` own failure to do enough to chase down rogue debtors.
Jul 23, 2015, 08:43 AM IST
Indian banks opt for offbeat tactics to tackle $49 billion of bad debts
Under pressure to do more to cut a $49 billion mountain of bad debt, India`s state-owned banks are reversing years of lax recovery efforts, naming and shaming smaller borrowers and even using big TV screens at shopping malls to advertise seized assets for sale.
Jul 23, 2015, 08:32 AM IST
'Challenges for PSU banks remain despite uptick in economy'
Fitch Ratings' on Monday said challenges for state-owned banks remain despite improving macro picture.
Jul 06, 2015, 10:22 AM IST
BSE Sensex falls, RBI stress test shows likely jump in bad loans for private banks
The RBI also said the probability of slippage of state electricity boards` exposure to bad loans is very high considering the implementation of new regulatory norms effective April 1, 2015.
Jun 26, 2015, 11:56 AM IST
Basel panel says Indian banks ''largely compliant'' on liquidity standards: RBI
A Basel committee has assessed Indian banks` liquidity coverage ratio requirements as `largely compliant` with the minimum prescribed standards, the Reserve Bank of India said in a circular on Tuesday.
Jun 16, 2015, 21:11 PM IST
India to tighten screws on banks' ''window dressing'' of accounts
India`s government is set to overhaul annual targets for public sector lenders this month, ending a focus on size that has long encouraged banks to inflate their loans and deposits at the year-end to hit growth objectives.
Jun 09, 2015, 01:27 AM IST
Loan recovery eludes India's banks, even as growth rate beats China
A recovery in India`s credit growth could elude the country`s banks until early 2016, despite an economy that in the first three months of this year is expected to have outpaced China.
May 25, 2015, 09:23 AM IST
India's banks turn to consumer loans to counter corporate slowdown
Meanwhile, retail borrowers have escaped largely unscathed, with income levels still growing, albeit at a slower pace, and no large-scale job losses.
Apr 20, 2015, 08:17 AM IST
Long holiday ahead; banks to remain closed for 6 days
Banks will remain closed for the six days in most part of the country between March 28 and April 5, thanks to the coinciding dates of the list of holidays.
Mar 23, 2015, 13:00 PM IST
