Private Banks | Latest & Breaking News on Private Banks | Photos, Videos, Breaking Stories and Articles on Private Banks

RBI eases rules, brokerages bet on private banks with stronger capital base

Brokerages maintained their bullish stance on large banks citing resilience, capital strength, and better liability profiles after RBI's slew of measures.

Battle for India’s largest mid-sized bank intensifies

While the top 3 private lenders HDFC Bank, ICICI Bank, and Axis Bank have stayed steady for over a decade, most of the action in the pecking order has been in the mid-tier where banks have swapped ranks in a tight contest

PSU banks dominated bond issuances in FY25, more Tier-II debt raise likely this fiscal

Private lenders have been totally absent from hybrid bond issuances in FY25. Despite favorable conditions for Tier-2 debt, these banks chose to rely on internal accruals and equity-driven capital planning.

PSU banks hit harder by compression on yield on advances in Q1FY26

According to data compiled by Moneycontrol, yield on advances for PSU banks dropped by 15–71 basis points (bps), significantly more than the 12–30 bps reduction observed for private banks.

Capital adequacy of PSU banks outpaces that of private lenders amid fundraising efforts

Analysts expect capital buffers to remain strong across the banking sector. ICRA projects a 40–50 basis point increase in Tier-I capital ratios for PSBs this fiscal

PSU banks lead private lenders in issuance of certificates of deposit in June

Of the total CD issued in June, share of Bank of Baroda, Canara Bank, Punjab National Bank, Union Bank of India, HDFC Bank, and Axis Bank, remained 76.2 percent.

Private banks’ fresh slippages in unsecured retail loans sharply higher than peers: RBI

Of the total fresh slippages in unsecured retail loans, private banks’ share was 78.9 percent in the second half of the financial year 2024-25, while public sector banks had an 11.3 percent share and small finance banks had a 6.4 percent share, according to the RBI’s Financial Stability Report.

RBI ramps up scrutiny on treasury operations, derivatives books in private, foreign banks

The central bank has increased scrutiny of the derivatives books of private and foreign banks, sources said. Scrutiny of other banks has increased after the IndusInd Bank earlier this year reported a Rs 1,959.8-crore discrepancy in its derivatives portfolio

India’s retail credit growth slows as consumption lending drops in Dec 2024, private banks bear the brunt

The slowdown has hit private banks the hardest, with their CMI value dropping to a three-year low of 92.

PSU banks outshine private peers with record profit growth: SBI report

The SBI report also highlighted that the combined net profits of PSU banks has exceeded that of their private counterparts by a notable margin.

PSU banks outshine private banks in Q2FY25 as profitability, asset quality improve

In the July-September quarter, private banks reported better net interest income and margins, as compared to their state-owned peers because of higher impact felt by the latter due to penal charges norms of the RBI, which were implemented earlier this year.

Vault matters: The changing face of Indian private banks

In recent years, the landscape of private banks in India has significantly shifted, reliance on public sector banks (PSUs) for support has also risen. While PSU bankers are competent, the dependence on them raises concerns about innovation and adaptability within private banking.

Private banks trump state-owned peers on return on assets despite weak show in Q1FY25

RoAs of private banks was in the range of 1.70-2.40 percent, while that of PSU banks was 0.70-1.13 percent in Q1. That said, in terms of ROE, state-owned banks fared better than their private peers.

Total salary of top 10 PSU banks' heads was less than half of Axis Bank's chief's payout in FY24

Kotak Mahindra Bank MD and CEO Ashok Vaswani netted Rs 1.83 crore in the previous financial year, and Amitabh Chaudhry, MD and CEO of Axis Bank, got Rs 9.11 crore.

Axis Bank's retail lending group executive Sumit Bali quits, rejig in senior management

Bali, in his resignation letter, said “the time is right to embark on a new phase of career outside the bank”. He had taken charge of the retail assets at the peak of the first Covid wave in 2020.

CLSA identifies 54 key stocks to benefit from BJP win, PSUs dominate list

CLSA predicted that PSU stocks could continue to rise until June or July, ahead of the budget announcement.

Dow Jones tops 40,000: what sectors contributed to the rally and how do Indian peers compare?

In the past year, various sectors such as banking, real estate, and technology stocks outperformed in America, leading to Dow Jones hitting the 40,000 mark.

HDFC Bank re-appoints Sanmoy Chakrabarti as Chief Risk Officer

Chakrabarti has been appointed for a period of five years from December 14, 2023 to December 13, 2028.

Global PE firms, local investors eye stake in Bank of Baroda's credit card arm: Report

The (EOIs) were submitted earlier this month and are now being reviewed by the bank to shortlist names for the second phase of the process, which will be opened for a limited number of bidders.

Five major banks may see change of guard at the top this year

The tenures of top posts of the State Bank of India, HDFC, Kotak Mahindra Bank, Bank of Baroda and ICICI Bank is set to end in 2023

J.P. Morgan private bank invests in two Swiss fintechs

It gave no financial details of what it called a "strategic" investment in Edge Laboratories SA and Evooq SA (Evooq), which were already partners.

India doesn't need so many public sector banks, says former SBI chief

Bhattacharya further said much of the goals that are expected to be achieved through privatisation of PSBs can also actually be achieved by enabling the state-owned banks and by levelling the playing field