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Profits: Govt banks ahead of private banks

 Not all public sector banks are back in the black, but their collective net profit for the year is Rs 32,346 crore against a Rs 9,013 crore loss in the previous year, points out Tamal......

Why PEs may be better source of capital for banks

 India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country. Recently, Reserve Bank of India’s (RBI’s) internal working......

After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani

 While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better. Shareholders of Thrissur-based Dhanlaxmi Bank on......

How old private banks are reinventing themselves

 Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they’ve now realised that scaling up at the cost of quality isn’t worth the......

RBI removes 3 more banks from PCA framework

 After removing three PSBs - BoI, Mahabank and OBC from the framework, RBI, on Tuesday, took out three commercial banks - Allahabad, Corporation and Dhanlaxmi from the said list. The Reserve Bank......
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