The small finance bank model may still be testing the water some 10 years since its launch. According to banking experts, the regulator has taken a cautious approach in granting approvals. Unity Small Finance Bank was the last one to get a licence in the category in November 2021.
Ace photographer Karthik Srinivasan's 2020 Royals calendar featured the stars of the southern film industry, and they looked so stunning! Of course, a lot of hard work was involved to get them to look so royal and glamorous.
One of her picture has been taken by Tokyo Television for the show Yari-sugi ko-ji Urban Legends Special.
The BCCI had to postpone the Syed Mushtaq Ali Trophy to January 2021 because of the COVID-19 pandemic.
'Surreal effort, and superhuman at times.'
Benefiting from higher credit off-take and loan repricing, listed commercial banks are expected to post 43.9 per cent year-on-year (YoY) growth in their net profit in the quarter ended June 30 (Q1FY24), analysts have said. Controlled credit costs due to a healthy asset quality profile and a steady treasury book will also support a strong bottom line for the lenders in the first quarter. However, net profit may shrink sequentially, according to analysts' estimates for 13 banks sourced from Bloomberg data.
They were speaking at a function to mark the release of 'Defying the Paradigm,' a coffee table book on Srinivasan's 50-year journey with India Cements.
Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral Deployment of Bank Credit'. Experts from banking and real estate sectors attributed this growth in housing credit outstanding to a strong revival in the residential property market post-COVID pandemic on pent-up demand. According to the data of the Reserve Bank of India (RBI) on sectoral deployment of bank credit for March 2024, the credit outstanding to the housing (including priority sector housing') stood at Rs 27,22,720 crore in March 2024, up from Rs 19,88,532 crore in March 2023, and Rs 17,26,697 crore in March 2022.
The ad, which draws a link between the character Kachra with 'kachra', the Hindi word for garbage, was aired on World Environment Day on June 5.
'If Threads doesn't become a distinct identity, and just a text version in the shadows of Instagram, then it may fizzle out.'
Moody's Investors Service on Thursday said loans to retail customers, especially those to low-income borrowers, will remain most affected due to the shock caused by the coronavirus pandemic. Despite the pandemic challenges, asset quality at Indian banks has performed better than expected at the start of the outbreak, Moody's said. "Corporate loans, in particular, have performed well because banks prior to the pandemic had largely provisioned for legacy problem loans and tightened underwriting standards," Moody's vice president and senior credit officer Srikanth Vadlamani said. Addressing an online conference organised by Moody's and its affiliate Icra, Vadlamani said an increase in non-performing loans in both public and private sector banks is subdued.
It has been a decade since Shyam Srinivasan took over as managing director and chief executive officer at Federal Bank. He wants to ramp up the bank's unsecured lending going ahead even as it homes into the space vacated by competition. Reappointed for a fresh three-year term as the bank's helmsman, he spoke to Hamsini Karthik on the plot ahead.
Online bullies, haters, trolls - call them what you will - are the blight of social media, for not just individual users but also brands and companies.
Loans, cash credits, and overdrafts at the end of December 22, 2017, stood at Rs 81,287.32 billion, against Rs 73,340 billion in the year-ago period.
About Rs 2,000 crore of realty money has flown into stocks in the National Capital Region in the months after demonetisation.
During the fourth quarter (January-March), banks step up the activity to meet annual targets. This leads to a race to raise funds from markets often by jacking up deposit rates. This time around, the market has not seen such trend yet.
Historically, there has been no correlation between growth in bank credit to industry and lower benchmark interest rate
The RBI has been critical of banks for using restructuring schemes to hide the stress.
The loss of income has severely dented the loan repayment ability of small borrowers
Most NBFCs will have to slow down their loan growth. Some of the most leveraged will have to sell a part of their assets (or loan book) to banks to raise incremental capital. Others may have to knock on the door of their deep-pocketed parents.
All public sector banks have moved to such a regime voluntarily, while private banks are yet to. The state-run banks have introduced repo-linked products for floating-rate home and auto loans, but the RBI said loans to micro, small and medium enterprises (MSMEs) should also be linked to an external benchmark.
The amount of loans that carry a high risk of slippage into the NPA category over the next few quarters is about Rs 2.8 trillion.
The move will have cascading effects for lot of related sectors
Chingari, Roposo, Khabri and Trell are seeing huge traction as people are looking at options to earn incentives from home. Music streaming app Gaana, which is strongly placed in the market with 150 million users, recently opened up its short video platform for subscribers.
Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?
The Indian cricket team on Sunday were down with injury scares after openers Virender Sehwag and Gautam Gambhir were rendered doubtful starters for Monday's fourth ODI match against Australia in Mohali.
It's a feel-good, simple, urban romance that has its funny moments.
The music scored by Karthik, has its interesting moments, but its lyricists score better.
Will demonetisation lead to a rate cut, leading to higher quantum of lending?
A section of the Board of Control for Cricket in India's old guard, especially from the Narayanaswami Srinivasan faction, is set to advocate a pull-out from the Champions Trophy despite the Committee of Administrators' (COA) warning of possible consequences.
A First Information Report was registered at Jyotinagar police station, in Jaipur, on Friday, to investigate allegations of match-fixing by Board of Control for Cricket in India president and Managing Director of India Cements Ltd N Srinivasan, and his son-in-law, Chennai Super Kings team principal Gurunath Meiyappan, for conspiring and executing the fixing of an Indian Premier League match on May 12, between Chennai Super Kings and Rajasthan Royals at the Sawai Man Singh stadium in Jaipur.
Companies with contrasting financial ratios enjoy similar credit ratings; agencies say they look at many other metrics.
Veteran left-arm spinner Murali Kartik retired from competitive cricket having played eight Tests and 37 ODIs for India between 1999 and 2007 taking 24 and 37 wickets respectively.
Phillip Hughes's tragic death cast a shadow over an eventful year that saw Ashes rivals Australia and England brawl on the field and bond off it, joining India to pull off a bloodless coup and take charge of the game.
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 while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
The eight IPL franchises will submit their 'Player Retention Lists' on Friday, January 10. A look at the players likely to be retained.
With it's scandalous past, still fresh in the minds of fans and critics alike, the Indian Premier League (IPL) organisers will look to ensure that the focus remains firmly on cricket when the cash-rich event gets underway with a glamorous opening ceremony on Tuesday.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances