Lenders are experiencing stress in the unsecured SME portfolio. However, the larger unsecured portfolio is under control and mostly the non-banking institutions are under the pump, says Ajit Velonie, Senior Director, CRISIL.
RBI governor Shaktikanta Das said on April 5 that the central bank would soon issue a draft circular to review the LCR for banks
On competition with small finance banks, CEO Manoj Viswanathan said that SFBs have different cost of borrowing compared to housing finance companies and hence, there was no stress on the competition front.
Asset quality trended better and credit cost continued to surprise positively
On Moneycontrol’s pre-budget panel discussion held on January 30, bankers and industry experts felt the growing dependence on the digital platform had made it necessary for banks to invest more on cyber security.
The RBI recently central raised the risk weight on consumer loans of banks and NBFCs by 25 percent
The net profit of banks on an average jumped by 66 percent in the July-September FY24 quarter. NIMs of some major banks contracted in the reporting quarter