BUSINESS
Yes Bank's Ravneet Gill needs to set house in order and deliver on his promise to gain market's trust
The new regime, under CEO Ravneet Gill, promised to take the bank out of its corporate governance mess and asset quality issues, and attract new investors, but he has been unsuccessful to get an investor so far.
BUSINESS
Budget 2020: If govt is serious about reviving growth, it shouldn’t be too focused on fiscal deficit target
Weakness in the manufacturing sector, poor tax collections and an unprecedented lull in consumer demand have been a drag on the economy. Government’s policy flip-flops in some key sectors and worsening global conditions have made the situation worse
BUSINESS
Budget 2020: What lies in store for state-run banks ravaged by bad debt?
State-run banks will require substantial capital infusion to resume lending to productive sectors once demand picks up, analysts said
BUSINESS
RBI wants to punish weaker banks that are perennially sick. But how far can it go?
While ‘auctioning’ a distressed bank is a bit of a stretch, RBI could very well consider playing the role of a matchmaker to merge weak banks with stronger ones.
BUSINESS
With this fiscal's estimated GDP growth set to be the lowest in 11 years, here’s a look at how it will impact the common man
Slowing growth means more companies coming under stress. That is bad news for banks that are still fighting the ghost of bad loans that have originated in the past. Banks may see fresh bad loans emerging from small and medium-sized companies (the large ones are already accounted for through NCLT courts).
BUSINESS
RBI's Operation Twist in progress: Who will eventually benefit?
So far, in three tranches of 'Operation Twist', the RBI has bought bonds worth Rs 30,000 crore and sold Rs 25,326 crore worth of securities.
BUSINESS
Banks staring at fresh NPA whammy on farm loan waivers, faulty Kisan Credit Card model
The size of the Maharashtra loan waiver, announced by the new coalition government, could work out to around Rs 51,000 crore.
BUSINESS
Having spent Rs 2.8 lakh crore, govt should not starve PSU banks for capital at this stage
There are six reasons why the timing may not be right for the government to turn off the funding tap for PSBs.
BUSINESS
Credit woes | Banks ready to lend to firms, then why is loan growth plunging
Bank lending to almost every sector is shrinking. And for a simple reason. Demand is weak, so companies do not want to invest in capacity expansion
BUSINESS
Why the hype on banks cutting lending rates is a non-event for the average home loan borrower
Using SBI’s recent cut as the basis, the borrower’s EMI will reduce to Rs 16,605 from Rs 16,916 earlier. In other words, the borrower is going to save just Rs 311 monthly on account of this rate cut
