Articles for Small Banks

RBI Allows Small Finance Banks to Give Credit on UPI
2 weeks, 3 days ago

RBI Allows Small Finance Banks to Give Credit on UPI

Deccan Chronicle  

Mumbai: The Reserve Bank of India on Friday allowed small finance banks to offer pre-sanctioned credit lines through Unified Payments Interface. Till now, only scheduled commercial banks were allowed to offer pre-sanctioned credit lines on the flagship payments platform. The central bank in its monetary policy also made several positive announcements for banks such as raising the FCNR deposit rates, …

Credit Bank Rbi Upi
Texas Bank Aims to Escape Fate of Rivals Despite McKinsey Musings
8 months, 2 weeks ago

Texas Bank Aims to Escape Fate of Rivals Despite McKinsey Musings

Hindustan Times  

A cadre of McKinsey & Co. consultants strode into a meeting with Houston’s most prominent local bank to dwell on the problem bedeviling thousands of regional banks: How to stay relevant. HT Image “The thing that I laugh at, though, is they had a chart,” said Steve Stephens, the CEO of Amegy Bank, recalling the presentation to the board of …

Houston Billion Deposit Stephens Mckinsey Zions Small Banks
Why America needs regional banks
1 year, 7 months ago

Why America needs regional banks

CNN  

New York CNN — To some, the question of where to keep your money safe might seem obvious — go with one of the big guys, the banks that have been deemed “too big to fail.” Their ATMs and branches are ubiquitous, their mobile apps sleek and user-friendly. But those mega-banks lack the dexterity and regional specialization that small businesses …

Small Businesses America Wall Street Regional Small Banks Regional Banks First Republic
The U.S. has more banks than anywhere on Earth. That shapes the economy in many ways
1 year, 7 months ago

The U.S. has more banks than anywhere on Earth. That shapes the economy in many ways

NPR  

The U.S. has more banks than anywhere on Earth. That shapes the economy in many ways Enlarge this image toggle caption Bank of Bird-in-Hand Bank of Bird-in-Hand Silicon Valley Bank, Signature Bank, and now, First Republic Bank. At one point, in the 1920s, there were nearly 30,000 banks in the U.S. Enlarge this image toggle caption Hulton Archive/Getty Images Hulton …

Economy Banking Loans Sponsor Message Squire Big Banks Many Ways
Why does the U.S. have so many small banks? And what does that mean for our economy?
1 year, 7 months ago

Why does the U.S. have so many small banks? And what does that mean for our economy?

NPR  

Why does the U.S. have so many small banks? There are a lot of small banks in the U.S. - thousands of them - though that could change, as NPR's Stacey Vanek Smith reports. SMITH: Also, because horse travel takes a long time, Bird-in-Hand brings the bank to customers in some more remote areas. SMITH: Americans have already pulled nearly …

Bird Banks Npr Small Banks Maley Small Bank Stacey Vanek Smith
IndusInd Bank and the big problem with small loans
3 years, 1 month ago

IndusInd Bank and the big problem with small loans

Live Mint  

Misgivings around risk management are not new for India’s banks. “We believe that the bank’s turnaround story remains intact, but it needs to work more on strengthening credit underwriting/risk management and communication with stakeholders to sustain the long-term re-rating," analysts at Emkay Global Financial Services Ltd wrote in a note. Out of the above, only 26,073 clients were active with …

Bank Loans Microfinance Book Lender Investor Indusind Bank
Invest with care in small finance banks as they also cut rates
3 years, 6 months ago

Invest with care in small finance banks as they also cut rates

Live Mint  

The days of small finance banks offering over 7% returns on fixed deposits are coming to an end. In the first week of June, Capital Small Finance Bank and Equitas Small Finance Bank, too, had reduced their interest rates. Capital Small Finance Bank offers the highest interest rate on a 900-day FD at 6.25%, and Equitas Small Finance Bank offers …

Finance Bank Interest Rates Banks Small Fd Rates Small Finance Bank
In Bid to Shore up Revenue, Govt Shortlists Four Mid-sized Banks for Potential Privatisation: Report
3 years, 10 months ago

In Bid to Shore up Revenue, Govt Shortlists Four Mid-sized Banks for Potential Privatisation: Report

News 18  

The government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues, three government sources said. The four banks on the shortlist are Bank of Maharashtra, Bank of India, Indian Overseas Bank and the Central Bank of India, two officials told Reuters on condition of anonymity as the matter …

India Indian Bank Banks Small Banks Indian Overseas Bank Privatisation Report