The information has been sourced from several leading media publications and curated for the readers for a quick glance
Banks may face problem with shrinking deposits and rising loans
Indian banks are facing a peculiar problem - that deposits growth is at a five decade low, and loans growth is beginning to turn after a five years of continuous fall - probably limiting the fall in borrowing costs as banks may be forced to deposit rates if demand for loans accelerate.
Banks Board can be effective in risk management: KPMG Survey
A majority of the banks in India favour a Banks Board that can help mitigate and manage the risks of thebanking industry, according to a survey conducted by KPMG.
MFIN plans more checks and balances to ward off any possible danger
With the astronomical level of growth being back in the field, theMicrofinance Institutions Network (MFIN), the sector's self-regulator, is planning to put more checks and balances to ward off any possible danger of the sector falling from grace again like in 2010.
RBI Monetary Policy: Reserve Bank cuts repo rate by 25 bps to 6.5%
In line with the expectations of the markets , Reserve Bank of India (RBI), in its First Bi-monthly Policy Statement for the year 2016-17, decided to cut interest rates by 25 bps. The new Repo Rate fixed by RBI is 6.50% , with reverse repo rate being raised to 6%. CRR remains unchanged at 4%. The marginal standing facility (MSF) rate is adjusted to 7.0 per cent. The Bank Rate which is aligned to the MSF rate also stands adjusted to 7.0 per cent.
Borrowing cost to ease as RBI lowers repo rate ensuring easy liquidity for banks
Borrowing cost is likely to come down with Reserve Bank of India resuming the process of monetary easing by loweringrepo rate by 25 basis point in line with market expectation and ensuring easy liquidity for banks.
Banks can’t escape scrutiny if public interest is violated: DRAT
Banks are "not immune from scrutiny", especially if they act against public interest by offering rebates to defaulters, the Debt Recovery Appellate Tribunal said, a ruling that has wide ramifications at a time when lenders are accused of being lenient towards big borrowers such as Vijay Mallya who have failed to repay.
Bank of Maharashtra third among PSBs in rejecting RTI pleas
The Recently published annual report of the Central Information Commissioner (CIC) throws up interesting trends about the performance of public sector banks (PSB)s when it comes to dealing with RTI applications. Of the 24 PSBs, 10 have reported decrease in the number of RTI applications received for the year 2014-15 with the Pune-headquartered Bank of Maharashtra leading the fray.
Indian banks are facing a peculiar problem - that deposits growth is at a five decade low, and loans growth is beginning to turn after a five years of continuous fall - probably limiting the fall in borrowing costs as banks may be forced to deposit rates if demand for loans accelerate.
Banks Board can be effective in risk management: KPMG Survey
A majority of the banks in India favour a Banks Board that can help mitigate and manage the risks of thebanking industry, according to a survey conducted by KPMG.
MFIN plans more checks and balances to ward off any possible danger
With the astronomical level of growth being back in the field, theMicrofinance Institutions Network (MFIN), the sector's self-regulator, is planning to put more checks and balances to ward off any possible danger of the sector falling from grace again like in 2010.
RBI Monetary Policy: Reserve Bank cuts repo rate by 25 bps to 6.5%
In line with the expectations of the markets , Reserve Bank of India (RBI), in its First Bi-monthly Policy Statement for the year 2016-17, decided to cut interest rates by 25 bps. The new Repo Rate fixed by RBI is 6.50% , with reverse repo rate being raised to 6%. CRR remains unchanged at 4%. The marginal standing facility (MSF) rate is adjusted to 7.0 per cent. The Bank Rate which is aligned to the MSF rate also stands adjusted to 7.0 per cent.
Borrowing cost to ease as RBI lowers repo rate ensuring easy liquidity for banks
Borrowing cost is likely to come down with Reserve Bank of India resuming the process of monetary easing by loweringrepo rate by 25 basis point in line with market expectation and ensuring easy liquidity for banks.
Banks can’t escape scrutiny if public interest is violated: DRAT
Banks are "not immune from scrutiny", especially if they act against public interest by offering rebates to defaulters, the Debt Recovery Appellate Tribunal said, a ruling that has wide ramifications at a time when lenders are accused of being lenient towards big borrowers such as Vijay Mallya who have failed to repay.
Bank of Maharashtra third among PSBs in rejecting RTI pleas
The Recently published annual report of the Central Information Commissioner (CIC) throws up interesting trends about the performance of public sector banks (PSB)s when it comes to dealing with RTI applications. Of the 24 PSBs, 10 have reported decrease in the number of RTI applications received for the year 2014-15 with the Pune-headquartered Bank of Maharashtra leading the fray.
No comments:
Post a Comment