“Q1 FY20 is expected to be poor on account of stressed loans slipping to NPAs,” says Hazari.
Kumar told media that investment in Yes Bank will not hurt SBI's balance sheet. The focus now shifts to Yes Bank earnings, scheduled for March 14
BY SALIL PANCHAL, Forbes India Staff 3 min read PUBLISHED: Mar 7, 2020 02:14:31 PM IST UPDATED: Mar 7, 2020 02:45:03 PM IST
State Bank of India...
These temporary restrictions will be lifted after the RBI is satisfied with necessary compliance on the part of the private sector lender.
The Wire Staff BANKING 23 HOURS AGO
New Delhi: In what is likely an unprecedented move, the Reserve Bank of India (RBI) appears to have taken HDFC Bank to task...
Shares of Zomato, Paytm parent One 97 Communications Ltd and Nykaa owner FSN E-Commerce Venture have fallen to their lowest levels since listing.
MarketEdited by Prashun TalukdarUpdated: January 24, 2022 1:30 pm IST
New Delhi: Shares of Zomato, Paytm parent One 97 Communications Ltd and Nykaa owner FSN E-Commerce Venture have fallen...
Analysts said that the stringency of the Paytm Payments Bank action,
while directed at a single entity, signals that the bank won’t tolerate lapses.
“This is a warning to the entire sector," said Hemindra Hazari, a banking
analyst in Mumbai
An unassuming leader, Prashant Kumar has led an ailing Yes Bank out of the woods on a steep trek to the top. He is exploring acquisitions to grow the bank and stay profitable, while building the deposit franchise
BY SALIL PANCHAL, Forbes India Staff13 min readPUBLISHED: Oct 3, 2022 12:41:45 PM ISTUPDATED: Oct 3,...
Ira Dugal @dugalira Apr 27 2021, 7:46 AM IST Apr 28 2021, 4:20 PM IST
When seen over cycles, it can be said that every bank has its year.
In the early 2000s and until a little after the global financial crisis, it was ICICI Bank Ltd. that was grabbing the growth. Then...
Viswanath Pilla@viswanath_pilla
Experts who participated in a panel discussion on CNBC-Awaaz on the Kotak Mahindra Bank-Reserve Bank of India (RBI) dispute over promoter stake dilution feel the bank’s promoters need to comply with regulations in spirit and not just in letter.
The Bombay High Court on April 22 adjourned hearing in...
Hudson Lockett in Hong Kong, Benjamin Parkin and Stephanie Findlay in New Delhi
Fortunes of billionaires Mukesh Ambani and Gautam Adani soar past likes of Alibaba’s Jack Ma
India’s industrial moguls Mukesh Ambani and Gautam Adani have swept past the likes of China’s Jack Ma in global wealth rankings as the fortunes of leading billionaires in...
