Jan 25, 2023 05:05 PM IST

MC Special: Brokers face trickiest bouncer yet from SEBI in proposed ASBA rule for trades

The latest proposal from SEBI to allow investors to directly transfer funds from their bank accounts to clearing corporations for cash market trades poses the most serious challenge till date to the business model of stock broking firms.

AT-1 bondholders' battle to gain capital back from Yes Bank may bear fruit, if…

The Bombay HC order passed on January 20 came as a ray of hope for the Yes Bank AT-1 bondholders, but the private lender has already announced plans to move the apex court of the country.

Banking Central | Yes Bank AT1 bond holders knew the risks, they simply ignored it

Retail investors in bonds and debentures are generally supposed to be savvier than retail stock investors. Hence, they have to take part of the blame.

IDFC First Bank Q3 Net Profit seen up 117.7% YoY to Rs. 611.9 cr: Prabhudas Lilladher

Net Interest Income (NII) is expected to increase by 19.2 percent Y-o-Y (up 2.4 percent Q-o-Q) to Rs. 3,074.2 crore, according to Prabhudas Lilladher.

Kotak Mahindra Bank Q3 Net Profit seen up 18.4% YoY to Rs. 2,523.6 cr: Prabhudas Lilladher

Net Interest Income (NII) is expected to increase by 23.8 percent Y-o-Y (up 5.2 percent Q-o-Q) to Rs. 5,366.9 crore, according to Prabhudas Lilladher.

ICICI Bank Q3 Net Profit seen up 29.2% YoY to Rs. 8,002.8 cr: Prabhudas Lilladher

Net Interest Income (NII) is expected to increase by 29.8 percent Y-o-Y (up 7.4 percent Q-o-Q) to Rs. 15,879 crore, according to Prabhudas Lilladher.

Axis Bank Q3 Net Profit seen up 55.8% YoY to Rs. 5,630.5 cr: Prabhudas Lilladher

Net Interest Income (NII) is expected to increase by 30.8 percent Y-o-Y (up 9.3 percent Q-o-Q) to Rs. 11,320.2 crore, according to Prabhudas Lilladher.

MC Explainer: How can banks use ChatGPT?

ChatGPT, an AI powered chatbot, can create high-powered conversations that experts say could be beneficial as well as risky for banks.

Moody's takes positive rating actions on SBI, PNB and two other PSU banks

Outlooks on the long-term ratings of all four banks remain stable.

Budget 2023 | RSS affiliate Swadeshi Jagran Manch against PSB divestment

SJM Co-Convener Mahajan believes how banks are run, not who owns it, is what matters. He’s against selling the “family silver” as the larger state-run banks are not draining the treasury.

Credit growth likely to be over 14-15% by FY23 end: Analysts

However, January figures will be lower due to high base effect

Explainer | How does RBI’s new rules on expected loss-based approach work? All you need to know

As of now, these norms are meant for only scheduled commercial banks, excluding regional rural banks.

Make money first. Geopolitics can wait

US card networks may get to tap small Indian retailers who otherwise can’t afford them. On that hangs a tale of rivals putting profit before parochialism

Singapore's fintech Inypay has a $2 billion dream, powered by an Indian at the helm

The Southeast Asian neobank is led by a management which has its roots in India, as of now the neobank employs over 30 people in Singapore, India and Vietnam.

HDFC Bank Q3 Results | 4 big takeaways from the earnings

HDFC Bank Q3 Results: The bank reported 19.9 percent year-on-year growth in its consolidated net profit for the quarter ended December 31, 2022, to Rs 12,698 crore

Banks raise record Rs 91,500 crore in debt capital in FY23 so far: Report

Gross bond issuances by banks are estimated to reach Rs 1.3-1.4 lakh crore this fiscal as debt sales have already hit record high of Rs 0.915 lakh crore, surpassing the previous high of Rs 0.8 lakh crore in FY17.

Why some customers complained about bank locker renewal rules

Some customers took to social media to highlight the hassles and confusion they faced at bank branches while renewing their lockers

SBI-led lenders not keen to grant additional loans to Vodafone Idea: Sources

Banks have sought clarity on whether the interest on deferred adjusted gross revenue, which Vi is liable to pay, will be converted into government equity, the sources said.

The Week on Dalal Street | Expect more pain for Nifty; Banks, IT stocks look vulnerable

In this episode of The Week on Dalal Street, CNBC Awaaz's Anuj Singhal shares his thoughts with Moneycontrol's Santosh Nair on why the Nifty could be headed lower in the short term. One of the factors is India’s expensive valuations relative to other Asian markets. Tune in

Which Indian i-bankers stole the show in 2022? Here’s their deals report card

Total annual i-banking fees which stood at $989.3 million reflected a 16 per cent YoY drop. Here's more

MC Insider: A paint coup, social faux pas, why bond market is seeing red and more

How safe is your bank? Remember, mental peace is important

Although considered to be generally safe, many banks have frozen depositors’ money because of weak financials. Private sector and cooperative banks are considered more vulnerable, but even IDBI was headed for trouble before LIC was made to buy it out. Clearly, interest rates on your bank fixed deposits are not the only criteria for an investment.

HDFC Bank partners with Microsoft for digital transformation

The partnership will help HDFC Bank leverage the Microsoft Azure stack to consolidate and modernise its enterprise data landscape, enhance employee productivity and customer experience using Microsoft Power Platform, and embed Microsoft Security solutions to enable secure hybrid work for employees

‘Either or survivor’ clause in bank FDs a myth; surviving joint-holder has a Herculean task on hand

Many banks and even financial planners advise their customers investing in fixed deposits of banks to opt for the ‘either or survivor’ clause. The problem arises when one of the joint-holder(s) dies during the tenure of the deposit, and the surviving joint-holder(s) approach the bank to liquidate the FD.

Indian Bank hikes lending rates by up to 25 bps

The new rates are effective from January 3, Indian Bank said in a regulatory filing.