Financing deficit is a major concern: RBI
11 years, 8 months ago

Financing deficit is a major concern: RBI

The Hindu  

The Reserve Bank of India has said that non-disruptive financing of the high current account deficit and containing its size within sustainable levels have become key challenges in managing the external sector and especially in mitigating its vulnerability to global shocks. The gross non-performing assets ratio of banks improved to 3.4 per cent as at end-March 2013 from 3.6 per cent as at end-September 2012. Change in classification for restructured advances with effect from April 1, 2015, may have some adverse impact on the NPAs, unless banks take preventive measures in this regard.” NPAs At the bank-group level, the gross NPAs of public sector banks were highest and stood at 3.8 per cent as at end-March 2013, followed by foreign banks. The quarterly slippage ratio of public sector banks declined to 0.5 per cent for the quarter ended March 2013 from 0.8 per cent recorded during September 2012. Old private banks registered highest quarterly recovery at 21.2 per cent during the quarter ended March 2013 followed by the public sector banks at 9.1 per cent.

Public Sector Banks Sector Cent Quarter Rbi Banks Ratio Npa Deficit Cad  quarter  major  financing  debt  deficit  cad  banks  external  cent  concern  ended  ratio  sector  rbi

History of this topic

NPAs at 12-year low, red flags in some areas, says RBI report
2 months, 3 weeks ago

NPAs at 12-year low, red flags in some areas, says RBI report

Hindustan Times  

Indian banks’ bad loans fell to their lowest level in 12 years, although early warning indicators suggest potential stress in some sectors, the Reserve Bank of India’s financial stability report stated on Monday. NPAs at 12-year low, red flags in some areas, says RBI report The gross non-performing assets ratio of scheduled commercial banks declined to 2.6% in September 2024, …

Banks bad loans seen worsening by 2026 says RBI
2 months, 3 weeks ago

Banks bad loans seen worsening by 2026 says RBI

Deccan Chronicle  

Mumbai: Indian banks' gross bad loan ratio may rise from a 12-year low if risks emanating from credit quality, interest rates and geopolitics play out, the Reserve Bank of India said in its December Financial Stability Report published on Monday. This key measure could rise to 3 per cent by the end of March 2026 from a 12-year low of …

Gross NPA of banks decline to 12-year low of 2.6%, bad loan ratio to worsen in 2026: RBI Report
2 months, 3 weeks ago

Gross NPA of banks decline to 12-year low of 2.6%, bad loan ratio to worsen in 2026: RBI Report

Live Mint  

The Reserve Bank of India said that banks' asset quality improved in 2024, with the gross non-performing assets or bad loans ratio falling to a 12-year low of 2.6 per cent in September 2024, driven by falling slippages and steady credit demand. "Buoyed by falling slippages, higher write-offs and steady credit demand, the GNPA ratio of 37 scheduled commercial banks …

Indian banks’ profitability improves for six straight years, NPAs decline to 13-year low: RBI report
2 months, 3 weeks ago

Indian banks’ profitability improves for six straight years, NPAs decline to 13-year low: RBI report

Live Mint  

The profitability of banks improved for the sixth consecutive year in 2023-24 and their gross bad debts or non-performing assets declined to a 13-year low of 2.7 per cent. "Banks’ profitability rose for the sixth consecutive year in 2023-24 and continued to rise in H1:2024-25 with the return on assets at 1.4 per cent and return on equity at 14.6 …

Banking revival in 2025: Why strong liability franchises stand to gain
3 months, 2 weeks ago

Banking revival in 2025: Why strong liability franchises stand to gain

Live Mint  

Indian bank stocks are waiting for their moment in the sun. Read this | Private lenders see stress in credit cards, personal loans in Q2 Elevated deposit costs and sluggish base growth weighed heavily on net interest margins for both public and private banks. Public vs private banks Credit costs for private banks increased by 10 basis points sequentially, with …

Banking Crisis Was Infamous Legacy Of UPA With Mountain of Bad Loans: FM Presents White Paper On Economy
1 year, 1 month ago

Banking Crisis Was Infamous Legacy Of UPA With Mountain of Bad Loans: FM Presents White Paper On Economy

News 18  

The banking sector was facing a crisis around 2014 when the Modi government came into power. According to the White Paper on the Indian Economy tabled by Finance Minister Nirmala Sitharaman in the Lok Sabha on February 8, when the Vajpayee-led NDA government left office in 2004, gross non-performing assets stood at 7.8 per cent. When the Vajpayee-led NDA government …

India's June quarter current account deficit narrows to 1.1 per cent: RBI
1 year, 5 months ago

India's June quarter current account deficit narrows to 1.1 per cent: RBI

Hindustan Times  

India's current account deficit narrowed to USD 9.2 billion or 1.1 per cent of GDP for the April-June period, the Reserve Bank said on Thursday. The net external commercial borrowings to India recorded an inflow of USD 5.6 billion in the quarter compared to an outflow of USD 2.9 billion a year ago, the RBI said The current account deficit, …

India's external debt at $629.1 billion at June-end, says RBI data
1 year, 5 months ago

India's external debt at $629.1 billion at June-end, says RBI data

Hindustan Times  

India's external debt rose marginally to USD 629.1 billion at June-end 2023, although the debt-GDP ratio declined, according to a Reserve Bank data released on Thursday. RBI further said outstanding debt of the general government decreased, while non-government debt increased at end-June 2023 The debt rose by about USD 4.7 billion from USD 624.3 billion at March-end. US dollar-denominated debt …

India’s external debt rises to $629.1 billion at end-June 2023: RBI
1 year, 5 months ago

India’s external debt rises to $629.1 billion at end-June 2023: RBI

The Hindu  

India’s external debt at end-June 2023 was placed at $629.1 billion, recording an increase of $4.7 billion over its level at end-March 2023 according to data released by the Reserve Bank of India on September 28. Excluding the valuation effect, external debt would have increased by $7.8 billion instead of $4.7 billion at end-June 2023 over end-March 2023. Net outgo …

India's external debt at USD 624.7 bn within comfort zone, says FM Sitharaman
1 year, 6 months ago

India's external debt at USD 624.7 bn within comfort zone, says FM Sitharaman

Hindustan Times  

India's external debt of USD 624.7 billion at March-end 2023 with a debt-service ratio of 5.3 per cent is within the comfort zone and modest from a cross-country perspective, Finance Minister Nirmala Sitharaman has said. The report said the debt service ratio during 2022-23 has increased marginally to 5.3 per cent from 5.2 per cent during the previous year, mainly …

Cleaning up of NPA mess will propel the economy
1 year, 7 months ago

Cleaning up of NPA mess will propel the economy

Hindustan Times  

To understand the complexities of India’s banking sector, one needs to grapple with a term that tends to recur with unsettling regularity – non-performing assets. The gross NPA ratio of scheduled commercial banks stood at 4.9%, and ₹66.6 lakh crore in March 2014 were bad loans. The National Democratic Alliance government took several steps to address the NPA problem, including …

Pvt banks' slippages, write-offs from COVID recast almost double than that of PSBs : Report
1 year, 9 months ago

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

The Hindu  

Private sector banks' slippages and write-offs from loans restructured after the COVID-19 pandemic are almost double than that of their State-owned peers, a report said on Friday. Private sector banks have seen slippages and loan write-offs at 44%, as against 23% in case of public sector banks, the report by India Ratings and Research said, calling the trend “surprising”. “Banks …

RBI is ready to defend financial stability: Das
2 years, 2 months ago

RBI is ready to defend financial stability: Das

Live Mint  

The Reserve Bank of India recognizes that global challenges could affect the local economy and is monitoring the situation along with other financial regulators, governor Shaktikanta Das said. “The international economic order stands challenged; financial markets are in turmoil due to monetary tightening in most parts of the world; food and energy supplies and prices are under strain; debt distress …

Banking data bodes well for the economy
2 years, 2 months ago

Banking data bodes well for the economy

Hindustan Times  

The Reserve Bank of India ’s Report on Trend and Progress of Banking in India 2021-22, released on December 27, underlines the trend of continuous improvement in the health of India’s banking sector. The credit goes to RBI’s nimble-footed approach during the pandemic’s disruption and its sustained efforts to clean bank balance sheets in India. To be sure, the story …

Indian Banks GNPAs Down To 5% In September 2022, Macroeconomic Conditions Can Impact Banks Health RBI Report
2 years, 2 months ago

Indian Banks GNPAs Down To 5% In September 2022, Macroeconomic Conditions Can Impact Banks Health RBI Report

ABP News  

Gross Non-Performing Assets of Indian banks declined to 5 per cent in september but the present macroeconomic environment can impact lenders' health, said a new Reserve Bank of India report. The report said, “from its peak in 2017-18, the GNPA ratio of SCBs has been declining sequentially to reach 5 per cent at end-September 2022.” It said that the number …

India Records 0.2% Current Account Deficit in December Quarter
3 years, 11 months ago

India Records 0.2% Current Account Deficit in December Quarter

News 18  

India’s current account swung to a deficit for the first time in the current fiscal, with the gap coming at USD 1.7 billion or 0.2 per cent of the GDP in the December quarter. The critical measure of a country’s external strength now stands at a surplus of 1.7 per cent of GDP for the first nine months of the …

RBI Financial Stability Report: Banks gross NPA may rise to 13.5% by September 2021
4 years, 2 months ago

RBI Financial Stability Report: Banks gross NPA may rise to 13.5% by September 2021

The Hindu  

Banks' gross non-performing assets may rise to 13.5% by September 2021, from 7.5% in September 2020 under the baseline scenario, according to Financial Stability Report released by the Reserve Bank of India. "The stress tests indicate that the GNPA ratio of all scheduled commercial banks may increase from 7.5% in September 2020 to 13.5% by September 2021 under the baseline …

Data | Why did bad loans in banks reduce despite COVID-19 and economic downturn?
4 years, 2 months ago

Data | Why did bad loans in banks reduce despite COVID-19 and economic downturn?

The Hindu  

The ratio of Gross Non-Performing Assets in Indian banks decreased in FY20 and FY21 despite the impact of COVID-19 and the economic downturn that preceded it. This was mostly due to three factors: 1) Banks wroteoff relatively more NPAs in FY20 to clean their balance sheets; 2) Some large NPA accounts got resolved through debt-recovery channels; and 3) It is …

The Hindu Explains | Why is the RBI worried when volume of bad loans declined in the September quarter?
4 years, 2 months ago

The Hindu Explains | Why is the RBI worried when volume of bad loans declined in the September quarter?

The Hindu  

The story so far: After losses in two consecutive years, India’s scheduled commercial banks turned profitable in 2019-20. The Reserve Bank of India reckons that the first half of 2020-21 saw even greater improvements in banks’ vital statistics, with non-performing assets falling to 7.5% of outstanding loans by September 2020. What former Chief Economic Adviser Arvind Subramanian had called India’s …

A battered IndusInd Bank lays bare RBI’s financial stability challenge
4 years, 11 months ago

A battered IndusInd Bank lays bare RBI’s financial stability challenge

Live Mint  

India’s private sector banks are facing their toughest test yet with a virus outbreak putting their earnings at risk, even as the collapse of a peer bank raises questions on deposits. The bank’s stock dropped 15% on Tuesday after the lender revealed in an investor call that it has lost 10-11% of its deposits since Yes Bank Ltd crumbled earlier …

Bad loans to rise in 2020, says RBI
5 years, 2 months ago

Bad loans to rise in 2020, says RBI

Deccan Chronicle  

Mumbai: Asset quality of commercial banks could worsen next year primarily due to the economic slowdown, increase in slippages and declining credit growth, warned the Reserve Bank of India on Friday. “The RBI’s macro-stress tests for credit risk show that under the baseline scenario, schedule commercial banks GNPA ratio may increase from 9.3 per cent in September 2019 to 9.9 …

Banks' asset quality improves as NPAs remain stable at 9.1% as of September: RBI report
5 years, 2 months ago

Banks' asset quality improves as NPAs remain stable at 9.1% as of September: RBI report

Firstpost  

Mumbai: As the bad loan recognition process nears completion, the health of the banking system has improved with the gross non-performing loan ratio remaining stable at 9.1 percent as of September-end, the same level as in FY19, according to the RBI. “The gross NPA ratio of all banks declined in FY19 after rising for seven consecutive years, as recognition of …

Banks' asset quality improves as NPAs remain stable at 9.1% as of September: RBI
5 years, 2 months ago

Banks' asset quality improves as NPAs remain stable at 9.1% as of September: RBI

India TV News  

As the bad loan recognition process nears completion, the health of the banking system has improved with the gross non-performing loan ratio remaining stable at 9.1 per cent as of September-end, the same level as in FY19, according to the RBI. While the gross NPAs of public sector banks improved to 11.6 per cent in FY19 from 14.6 per cent …

The great Indian corporate deleveraging that slowed the economy
5 years, 3 months ago

The great Indian corporate deleveraging that slowed the economy

Live Mint  

When you are busy cleaning up clutter, seldom is there time to go shopping. Bank credit to private sector non-financial firms grew at a five-year-low pace of 9.3%, according to Motilal Oswal Financial Services Ltd. “The ongoing slowdown will prolong the corporate balance sheet deleveraging cycle and the bank asset quality cycle,” analysts at Nomura Financial Advisory and Securities Pvt. …

External commercial borrowings of firms jump 50% in April-September
5 years, 4 months ago

External commercial borrowings of firms jump 50% in April-September

Live Mint  

External commercial borrowings of Indian companies jumped nearly 50% in the six months ended 30 September from a year ago, thanks to cheaper overseas funds, easier overseas borrowing norms and weakened local banks. “The constrained and relatively high-cost lending of domestic banks and financial institutions on account of stressed asset quality, heightened risk aversion and strained liquidity conditions has, in …

RBI external benchmark for bank loans credit negative: Moody's
5 years, 6 months ago

RBI external benchmark for bank loans credit negative: Moody's

The Quint  

Mumbai, Sep 10 Moody's Investor Service on Tuesday said the RBI's mandate on aligning commercial bank floating loan rates to the external benchmark from next month is credit negative for Indian banks. This will expose banks to asymmetrical movements in the cost of funding and loan yields, thus exposing them to interest rate risks," the US rating agency said in …

NPA issue: Will RBI's 12 February circular help expedite bad loan recovery? Signs indicate it is on right path
6 years, 1 month ago

NPA issue: Will RBI's 12 February circular help expedite bad loan recovery? Signs indicate it is on right path

Firstpost  

This smorgasbord of schemes didn’t even dent the NPA problem. In a way, 12 February, 2018 marked the end of an era best characterised by the late J Paul Getty, oil billionaire, who said, “When you owe the bank $100, it’s your problem; when you owe the bank $100 million, it’s the bank‘s problem”. Out of a total of more …

One year of RBI's 12 February circular: A look at charts that depict bad loan scenario after central bank's crackdown on NPA menace
6 years, 1 month ago

One year of RBI's 12 February circular: A look at charts that depict bad loan scenario after central bank's crackdown on NPA menace

Firstpost  

In a bid to hasten the resolution of bad loans, RBI tightened rules to make banks identify and tackle any non-payment of loans rapidly by issuing a circular on 12 February 2018 Exactly a year ago, in a bid to hasten the resolution of bad loans, the Reserve Bank of India had tightened rules to make banks identify and tackle …

Quarter 3: Bad loan situation stabilising for banks
6 years, 1 month ago

Quarter 3: Bad loan situation stabilising for banks

Deccan Chronicle  

Mumbai: Even though profitability remains under pressure, the bad loan situation in the banking sector seems to be stabilising, going by the numbers posted by lenders for the third quarter ended December 31, 2018. The gross NPAs stood at Rs 9.03 lakh crore as of December 2018, of which Rs 7.75 lakh crore resided in public sector banks and Rs …

State Bank of India posts biggest quarterly profit in nearly 7 years
6 years, 1 month ago

State Bank of India posts biggest quarterly profit in nearly 7 years

Live Mint  

State Bank of India beat expectations and posted its highest quarterly profit in nearly seven years on Friday, as the country's biggest lender by assets set aside lower provisions for bad loans and asset quality improved. This is the bank's biggest quarterly profit since it reported a bottomline of ₹40.50 billion in the March quarter of 2012. In the current …

Signs of a turnaround: on RBI's Financial Stability Report
6 years, 2 months ago

Signs of a turnaround: on RBI's Financial Stability Report

The Hindu  

The fog of bad loans shrouding the banking sector appears to be lifting after a long period of sustained stress. The Reserve Bank of India’s Financial Stability Report reveals the first half-yearly decline in the ratio of gross non-performing assets to advances since September 2015. The ratio across all scheduled commercial banks has eased to 10.8% as of end-September 2018, …

Bank of India posts ₹1,156 crore loss in Q2 on surging NPAs
6 years, 4 months ago

Bank of India posts ₹1,156 crore loss in Q2 on surging NPAs

Live Mint  

Mumbai: Bank of India on Monday reported losses of ₹ 1,156.25 crore for the September quarter as bad loans continued to mount and provisions soared. Its asset quality deteriorated as gross non-performing assets rose 24.85% to ₹ 61,560.65 crore in September quarter from ₹ 49,306.90 crore in the corresponding quarter of last year. “We expect to recover around ₹ 2,000 …

The status of public sector banks in India today
6 years, 6 months ago

The status of public sector banks in India today

Live Mint  

Media reports say the parliamentary committee on estimates, headed by Murli Manohar Joshi, has invited former Reserve Bank of India governor Raghuram Rajan to brief it on the mounting non-performing assets of Indian banks. Reserve Bank of India inspectors checked the books of all banks with a fine-tooth comb, identified the bad loans and asked the banks to clean up …

NPA woes continue to dog public sector banks
6 years, 7 months ago

NPA woes continue to dog public sector banks

Live Mint  

On Tuesday, Punjab National Bank, India’s second-largest state-owned lender, posted its financial results for the first quarter of 2018-19. In the June quarter, PNB announced a recovery of bad loans of ₹ 8,445 crore, aided by the ₹ 3,200 crore inflow from through the resolution of Bhushan Steel Ltd and Electrosteel Steels Ltd accounts. As of March 2018, the gross …

Bank NPAs to touch 12.2% by March 2019: Why RBI’s latest Financial Stability Report is a must-read for LIC
6 years, 8 months ago

Bank NPAs to touch 12.2% by March 2019: Why RBI’s latest Financial Stability Report is a must-read for LIC

Firstpost  

For Indian banking sector, the pain from non-performing assets is far from over. The latest Financial Stability Report from the RBI, released yesterday, gives a baseline scenario of bank’s gross NPAs rising to 12.2 percent by March 2019 from 11.6 percent in March 2018. Even the Rs 2.11 lakh crore capital infusion plan announced by the government for state-run banks …

Banks' bad loans pile crosses Rs 10 lakh cr, up Rs 1.39 lakh cr in March quarter; the NPA mess explained in 7 charts
6 years, 9 months ago

Banks' bad loans pile crosses Rs 10 lakh cr, up Rs 1.39 lakh cr in March quarter; the NPA mess explained in 7 charts

Firstpost  

seven charts throw more light on the bad loans crisis that has engulfed the nation’s banking sector. Taking note of the alarming bad loans situation, the Narendra Modi-led government, last year, announced a Rs 2.11 lakh crore bank recapitalisation plan to pull out state-run banks from the mess. A break-up of the NPAs shows that 21 public sector banks saw …

Private banks' share in overall loan pie rising; will banking crisis render most PSBs dodos?
6 years, 11 months ago

Private banks' share in overall loan pie rising; will banking crisis render most PSBs dodos?

Firstpost  

The banking sector in India is getting ‘privatised’ on its own, even though the government continues to own 21 public sector banks. Those against the idea of public sector banks being privatised like to say that private sector banks also make bad lending decisions and end up with bad loans. Hence, the bad loans of private sector banks amounted to …

Banks may take Rs 30,500-cr hit in current fiscal on rising bond yields, says India Ratings report
7 years, 1 month ago

Banks may take Rs 30,500-cr hit in current fiscal on rising bond yields, says India Ratings report

Firstpost  

Persistent rise in bond yields is likely to shave Rs 30,500 crore from the banks’ balance-sheets in the current financial year, with state-run lenders being the worst hit, warns a India Ratings report Mumbai: Persistent rise in bond yields is likely to shave Rs 30,500 crore from the banks’ balance-sheets in the current financial year, with state-run lenders being the …

India's current account deficit for Q1 widens to four-year high of 2.4%
7 years, 6 months ago

India's current account deficit for Q1 widens to four-year high of 2.4%

India TV News  

The current account deficit increased to USD 14.3 billion, or 2.4 per cent of gross domestic product, in the first quarter of the current fiscal from USD 0.4 billion a year ago, the Reserve Bank said. On a sequential basis, the current account deficit also widened from USD 3.4 billion or 0.6 per cent of GDP in the fourth quarter …

Private banks continue to hide substantial bad debts: RBI audit
7 years, 10 months ago

Private banks continue to hide substantial bad debts: RBI audit

Op India  

Private sector banks continue to hide a large chunk of stressed assets. There is a huge mismatch between the Reserve Bank of India estimation and respective private bank’s own estimation of stressed assets as the private banks under report the non-performing assets figures. On April 18, the RBI introduced new rules that mandate banks to disclose the bad debt numbers, …

Spectre of default, credit pain may ail Indian banking sector in 2017
8 years, 2 months ago

Spectre of default, credit pain may ail Indian banking sector in 2017

Live Mint  

New Delhi: The struggle on bad loans that soared to menacing proportion in 2016 would continue in the new year as many more industrial units, especially in the MSME sector, may turn defaulters due to the cash shortage following demonetisation. The withdrawal of high-value cash will also hit the bottomline of banks that have been busy exchanging old notes and …

Bad loans: Is the worst over for Indian banks?
8 years, 4 months ago

Bad loans: Is the worst over for Indian banks?

Live Mint  

With everyone talking about the inconvenience caused to the masses and wealth destruction as a consequence of the demonetization of high-value banknotes and a few on the windfall for banks, it may not be a bad idea to revisit the bad loan situation in Indian banking. For Axis Bank Ltd and two State Bank of India associate banks—State Bank of …

Financial stability report in 5 points: NPAs seen worsening, India Inc in better shape
8 years, 8 months ago

Financial stability report in 5 points: NPAs seen worsening, India Inc in better shape

Firstpost  

The report noted Indian companies’ leverage situation has improved in 2015-16 and the overall risks in the corporate sector have also moderated The Reserve Bank of India on Tuesday released its the Financial Stability Report. The report said macro stress tests suggest that under the baseline scenario, the GNPA ratio of banks may rise to 8.5 per cent by March …

At Rs 5,367 cr, PNB posts biggest ever loss in Indian banking history
8 years, 10 months ago

At Rs 5,367 cr, PNB posts biggest ever loss in Indian banking history

India TV News  

New Delhi: Creating history of sorts, state-run Punjab National Bank has posted a loss of Rs 5,367 crore for the quarter ending March 2016, making it the biggest ever quarterly posted by an Indian bank in the industry. With a provision of Rs 10,485 crore made for bad loans, a rise of 173 per cent from Rs 3834.19 crore in …

For bad loan issue, Raghuram Rajan blames ‘overall economic downturn’
8 years, 10 months ago

For bad loan issue, Raghuram Rajan blames ‘overall economic downturn’

India TV News  

New Delhi: Asked to explain the “real causes” of ballooning bad loans at public sector banks, RBI Governor Raghuram Rajan has put the blame on “overall economic downturn”, among other reasons, in his submission to the key Parliamentary Panel. At the end of December, as many as 701 accounts with bad loans exceeding Rs 100 crore owed public sector banks …

Weak balance sheets, bad loans increase risks for banks: RBI
9 years, 3 months ago

Weak balance sheets, bad loans increase risks for banks: RBI

The Hindu  

The Reserve Bank of India expressed concern over high corporate leverage as bad loans from the country’s top corporations increased sharply between March and September, 2015. A significant increase in the gross non-performing asset ratios of large borrowers among public sector banks, from 6.1 per cent in March 2015 to 8.1 per cent in September 2015, has led to an …

RBI to issue draft report on relaxing external borrowings
9 years, 6 months ago

RBI to issue draft report on relaxing external borrowings

India TV News  

New Delhi: Economic affairs secretary Shaktikanta Das on Wednesday said the Reserve Bank of India would soon issue a draft report on liberalising External Commercial Borrowings on which the government was holding discussions with the RBI. "The rise in commercial borrowings was due to a spike in commercial bank loans and securitised borrowing," the finance ministry said earlier this year …

Bank credit, deposit fall steeply in march quarter: RBI
9 years, 9 months ago

Bank credit, deposit fall steeply in march quarter: RBI

India TV News  

Mumbai: Bank credit grew at a slower rate of 9.8 per cent and deposit growth rate slowed down to 10.7 per cent in the March quarter, says RBI data. "The deceleration was broad-based and observed across all population groups except 'rural'," RBI said in its report on quarterly statistics on deposits and credit of banks for March released on Monday.The …

RBI's monetary policy review: Key highlights
10 years, 1 month ago

RBI's monetary policy review: Key highlights

India TV News  

New Delhi: As expected, the Reserve Bank of India has kept the repo rate unchanged at 7.75 per cent. However, the RBI has slashed statutory liquidity ratio -- the slice of deposits that banks necessarily have to invest in Government securities -- of scheduled commercial banks by 50 basis points from 22.0 per cent to 21.5 per cent of their …

Results decoder: Kotak Bank good show as provisions fall; South Indian sees stress
10 years, 2 months ago

Results decoder: Kotak Bank good show as provisions fall; South Indian sees stress

Firstpost  

Private banks have gained in the recent quarters with their increased focus on low-risk retail lending and gains from their investment portfolios. Private sector Kotak Mahindra Bank has come with a good set of numbers in the three months ended December, aided by strong growth in other income and a decline in provisions, even as Kerala-based private lender, South Indian …

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