Category: RBI–Banks
👍👍👍👍👍👍👍Can Indian banks implode like SVB? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/can-indian-banks-implode-like-svb/article66623716.ece In SVB’s case the asset-liability gap is huge. India has diversified liabilities in the form of a retail deposit base, while investment portfolios
👍👍👍RBI doing it right on rate hikes, need more: IMF economist Luis Breuer | Business Standard News
lipped from: https://www.business-standard.com/article/finance/rbi-doing-it-right-on-rate-hikes-need-more-imf-economist-luis-breuer-123031501182_1.html She further added that India’s inflation was not due to excessive demand and so there is much less tightening needed than the US
🙏🙏🙏🙏🙏🙏🙏A good night’s sleep for both banks and Reserve Bank | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-good-night-s-sleep-both-for-banks-and-reserve-bank-123031200509_1.html Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the “distance to default” as a
👍👍👍👍👍👍👍Account aggregator framework set to change dynamics in retail finance scene | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/account-aggregator-framework-set-to-change-dynamics-in-retail-finance-scene-123031200685_1.html The AA framework is creating a huge marketplace – based on customers’ consent for sharing data – for all manner of financial vendors
👍Daily UPI transactions jump 50% to 36 crore: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/daily-upi-transactions-jump-50-to-36-crore-rbi/article66588566.ece In value terms, these transactions are worth ₹6.27 lakh crore, a growth of 17 per cent Reserve Bank of India Governor Shaktikanta Das
🙏IRCTC HDFC Bank Credit Card: Get railway lounge access and reward points on train ticket bookings | The Financial Express
Clipped from: https://www.financialexpress.com/money/irctc-hdfc-bank-credit-card-get-railway-lounge-access-and-reward-points-on-train-ticket-booking/2996261/ IRCTC HDFC Bank Credit Card: Indian Railway Catering and Tourism Corporation Ltd (IRCTC) and HDFC Bank have launched a new co-branded travel credit
🙏🙏🙏🙏🙏Lagging deposit growth could constrain bank credit growth in FY24: India Ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/lagging-deposit-growth-could-constrain-bank-credit-growth-in-fy24-india-ratings/article66568338.ece NBFC margins to remain under pressure on elevated borrowing cost, limited flexibility in passing over rate hikes The banks continue to offer higher
👍Credit card spends at over ₹1-lakh crore for 11th straight month in Jan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-card-spends-cross-1-lakh-crore-for-11th-straight-month-in-jan/article66559945.ece In December, card spends stood at ₹1.26-lakh crore | Photo Credit: John Raoux Credit card spends were above the ₹1-lakh crore mark for
👍👍👍👍👍ARC industry will need to reinvent itself | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/arc-industry-will-need-to-reinvent-itself-123022600632_1.html The RBI unveiled new regulations in October 2022, which enhanced governance standards and permitted ARCs to act as resolution applicants under the IBC’s
🙏🙏🙏🙏🙏Considerable gap between demand and supply of funds in banking system to continue in FY24: BoB report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/considerable-gap-between-demand-and-supply-of-funds-in-banking-system-to-continue-in-fy24-bob-report/article66552616.ece To continue with the higher pace of lending, they could consider digging into their own capital or reserves and surplus going forward, experts
👍👍Old wine in a new bottle | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/old-wine-in-a-new-bottle/2992171/ Regulating these is not a new challenge for the RBI and the government. The apps are similar to NBFCs, but channel the spirits
👍👍Honeymoon with record profits may end in March | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/banker-s-trust-bank-s-honeymoon-with-record-profits-may-end-in-march-123021900448_1.html From the June quarter, the drop in net interest margin will separate the men from the boys Posting record profits has become a
Strengthen your board: RBI message to banks – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/strengthen-your-board-rbi-message-to-banks/article66516110.ece Regulator is nudging banks to rope in ex-bankers for the chairman position The routine annual inspection of banks conducted by the Reserve Bank of
