Private Sector Banks

Public sector banks (PSBs) accounted for the bulk of the losses, while private sector banks reported the highest number of fraud cases, RBI's annual report has said

Private banks maintain credit momentum but profitability under pressure: RBI Annual Report

While credit growth continued to remain in double-digit in FY25, public sector banks outpaced their private counterparts in expanding credit

At least eight Indian banks set to see new chiefs in 2024

In a majority of cases, the names have been finalised, while some are still awaiting a decision. While the top level positions are being filled, there appears to be a shortage of staff in a number of banks.

Private banks' slippages, write-offs from COVID recast nearly double than that of PSBs: Report

Private sector banks have seen slippages and loan write-offs at 44 per cent, as against 23 per cent in case of public sector banks, the report by India Ratings and Research (Ind-Ra) said, calling the trend surprising.

Jefferies says these 3 factors can give a boost to small private banks

Despite recent outperformance, small private banks trade at a discount to larger banks and non-banking finance companies

Loan growth of 6% in first half provides banks with strong base, says Vishal Goyal of UBS Securities

"We are constructive on the banking sector. It will only become stronger with loan growth coming back in the system. According to the last report, the data point is around 16 per cent year on year. The first half is generally weak and used to see zero growth but we've already seen six per cent growth that gives us a strong base for NII (net interest income) growth."

Bank deposit insurance cover upped from Rs 1 lakh to Rs 5 lakh, refund in 90 days: Piyush Goyal

Earlier, the Parliament in August had already passed the Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021.

Which bank stocks to bet on amid the scare of second wave of COVID?

Large private banks have 0.7-2.0 per cent of loans as additional contingent provisions

Proposed norms for private bank ownership will help the sector attract long–term capital

Relaxing the cap on promoter holding is a big positive

Banking troubles in old private sector banks

Earlier, the experts wrote that Indian banking is mainly about regulatory activism and near absence of shareholder activism. It is good to see emergence of shareholder activism in most unlikely of organisations: old private sector banks

Will mandatory CEO rotation for banks achieve better governance?

Adding a layer of tenure-based caps will not incrementally strengthen governance standards for Indian banks. Instead, RBI already has powers for approving CEO reappointments. It must use these.

Pay gap between public and private sector bank chiefs widens

This difference in total daily remuneration has widened by about Rs 70,000 since FY17, when it was Rs 1.7 lakh. For instance, India’s largest bank, the State Bank of India (SBI) paid its chairman Rajnish Kumar Rs 8,092 per day in FY19, as compared to Rs 3.74 lakh that HDFC Bank Ltd, India’s largest private bank, paid its CEO Aditya Puri in FY19.

Led by private sector lenders, bank credit up 3.4% in Dec quarter

At the end of the December quarter, bank credit stood at Rs 80.62 trillion compared to Rs 77.95 trillion in the September 2017 quarter, as per the RBI data.

Loan stress to peak at 12.7%; mid-sized loans of Rs 1 lakh crore may turn NPAs over 12-18 months: Report

It also said that private sector banks and large public sector banks would benefit from early signs of macro revival, enabling them to start the credit growth trajectory.

Worried about valuables in safety lockers? Here's what RBI norms say and what you should do

Most public and private sector banks mention in their agreement clause while filling the application form to rent a locker facility that the banks are not responsible for any loss or damage to the contents of a locker

N S Venkatesh to head AMFI; resigns as Lakshmi Vilas Bank ED and CFO

N S Venkatesh will be relieved from his services at Lakshmi Vilas Bank at the close of office hours on Saturday, October 21

RBL Bank raises Rs 1680 crore via preferential sale of 3.26 cr shares

RBL Bank (former Ratnakar Bank) today announced its capital infusion of Rs 1,680 crore by selling 3.26 crore shares for Rs 515 per share on a preferential basis to marquee investors.

DCB Bank posts 38% rise in Q1 FY18 at Rs 65 crore; NPAs inch up

Gross non-performing assets (NPAs) showed a slight uptick the ratio at 1.74 percent of total advances while net NPA ratio edged up to 0.92 percent

Banks unfazed by flagging retail loans, say housing push to help

The demonetisation demon has come to haunt banks as their meal ticket retail loans have taken a hit by slower growth during the three months starting November.

Bank mergers: Friendly acquisitions favourable, say experts

In a discussion on consolidation in banking sector with CNBC-TV18, industry expert AK Purwar said consolidation is key for the industry. "Banks at the helm must flex their muscles and they must acquire their poorer cousins who are not so well managed," Purwar said. Such mergers result in better management of smaller banks, he said.

Banks at the forefront of liquidity driven rally: Envision Cap

The buy back announced by Tata Consultancy Services is a very good start for the IT sector to return surplus cash to the investors, while also improving the return on earnings (RoE), says Nilesh Shah of Envision Capital.

Look at pharma with 2-3 yr view; prefer pvt banks: UTI MF

Market in yesterday‘s trade rallied owing to the gains from healthcare stocks. Swati Kulkarni of UTI MF said that pharma companies are going through the remediation process and after they US FDA approvals, the pharma stocks will perform well.

Should you invest in a bank perpetual bond?

The acceptability of these bonds is increasing gradually as more financial institutions and HNIs are taking exposure.