Articles for Challenges Banks

Vijay Mallya challenges banks over alleged excess loan recovery in Karnataka High Court
1 month, 3 weeks ago

Vijay Mallya challenges banks over alleged excess loan recovery in Karnataka High Court

Hindustan Times  

Fugitive businessman Vijay Mallya has approached the Karnataka High Court, seeking details of loan recoveries made by banks. Mallya’s legal counsel argued that while ₹6,200 crore was originally due, banks have recovered ₹14,000 crore. Acting on Mallya’s petition, a High Court bench led by Justice R Devadas issued notices to banks and loan recovery officers. The case in the Karnataka …

High Court Recovery Crore Karnataka High Court Mallya Vijay Mallya Challenges Banks
Pvt banks see muted Q3, challenges ahead
1 year, 2 months ago

Pvt banks see muted Q3, challenges ahead

Live Mint  

Mumbai: Higher provisions and lower margins marked the October-December quarter earnings of most private sector banks, as they reported muted numbers. Despite the margin contraction, ICICI Bank reported a 24% rise in net income to ₹10,270 crore at the end of December quarter, higher than market estimates. Kotak Mahindra Bank’s Casa ratio dipped to 47.7% at the end of the …

Bank Crore Quarter Banks Hdfc Bank Icici Bank Casa
Bank CEOs warn that US economy faces ‘daunting’ challenges
2 years, 6 months ago

Bank CEOs warn that US economy faces ‘daunting’ challenges

Associated Press  

WASHINGTON — The CEOs of the nation’s biggest banks appeared in front of Congress Wednesday and gave a dim view of the U.S. economy, reflecting the financial and economic distress many Americans are facing. JPMorgan Chase’s Jamie Dimon, Citigroup’s Jane Fraser and other chief executives said the U.S. consumer is in good shape but faces threats from high inflation and …

Financial Inflation Bank Hearing Fed Banks Dimon
Yes Bank’s capital raise welcome, but challenges remain: Analysts
2 years, 7 months ago

Yes Bank’s capital raise welcome, but challenges remain: Analysts

Live Mint  

Indian private lender Yes Bank's $1.1 billion capital raise will help strengthen its balance sheet and provide it with growth capital, but it may not be an easy road ahead for the bank as the focus shifts to accelerating growth, say analysts. On Friday Yes Bank announced that it is selling up to a 10% stake to U.S. private equity …

Bank Yes Bank Private Lender Remain Analysts
Slowing credit offtake one of major challenges for banks: RBI Governor
5 years, 1 month ago

Slowing credit offtake one of major challenges for banks: RBI Governor

India TV News  

Reserve Bank Governor Shaktikanta Das on Monday said slowing credit growth is one of the major challenges that banks are facing currently. "Slowing credit offtake is one of the challenges that banks are facing," Das said at the Mint annual banking conclave here. Speaking about NBFCs, he said that credit flow to small NBFCs have improved over the last one …

Credit Rbi Banks Das Major Challenges Slowing Credit Offtake
Financial tech companies will face major challenges regarding national security
8 years, 2 months ago

Financial tech companies will face major challenges regarding national security

Firstpost  

It is unlikely Germany, France or many countries would allow a foreign takeover of their major banks, which raises uncertainty about how far they will allow overseas firms to run payments and other parts of finance, one of the top names in private equity said. “It’s unlikely Deutsche Bank will be allowed by the German regulators to be bought by …

Bank Allow Banks German Overseas Firms
Interoperability, Security: Challenges To Mobile Payments
16 years, 4 months ago

Interoperability, Security: Challenges To Mobile Payments

Firstpost  

The key is letting a customer of any bank or credit card company make a payment to a customer of any other bank or credit card company. The mobile payment movement is quickly gaining momentum and with increased competition, the service provider model offers a faster go-to-market approach than banks trying to develop mobile payment technologies independently. Going further, the …

India Security Mobile Bank Application Service Payment