Latest Updates Around The World
Private sector lender RBL Bank on Saturday reported a massive 555% rise in its net profit to Rs 214 crore in the third quarter of FY26, compared to Rs 33 crore in the same quarter of the previous fiscal. On a quarterly basis, the lender reported a 20% increase in profitability.The lender earned interest income […]
Shares of HDB Financial Services are down about 10% from their post-listing peak, but Jefferies is betting the pullback will give investors a second look at the non-banking finance company, which debuted on Dalal Street this year and backed the stock with a ‘Buy’ rating and a price target of Rs 900 as growth improves […]
Banks expected to keep a close eye on asset quality as moratoriums, deferrals and rate pressures reshape risks | Photo credit: ArLawKa AungTun Banks will look more closely at loans extended to export-led companies, with the Reserve Bank of India (RBI) recently announcing the implementation of relief measures for exporters, experts say. Madan Sabnavis, chief […]
SEAT AT THE TABLE: Board accountability and risk mitigation | Photo credit: FangXiaNuo What is needed to maintain financial stability? This question has never been as urgent for the regulator as it is now. The Indian financial system has shown resilience, but black swan events continue to shake up the financial services ecosystem. How can […]
After several quarters of pressure from the microfinance portfolio, IDFC First Bank thinks the worst is behind it. “We were hit by the impact of microfinance but it is behind us now,” said V Vaidyanathan, MD & CEO, IDFC First Bank, in an interview with ET Now. He added: “You will now see our net […]
The Reserve Bank of India’s latest draft guidelines on the Expected Credit Loss (ECL) framework and the revised capital standards for credit risk mark a turning point in the development of Indian banking regulation. Together they are driving the industry decisively towards global best practices in credit risk modelling, provisioning discipline and capital efficiency. Under […]
Kolkata: Microfinance company remained a major resistance to the performance of small financial banks, in particular ESAF, Suryoday and Utkarsh, with about one fifth of their microloan books under stress, even if new loans were paid this year, a better repayment record. This could weigh on the profitability of banks, in particular ESAF and Utkarsh […]
The rates of Moody on Tuesday said that the strong domestic economic environment of India will continue to support economic growth, so that banks can maintain the quality of the health of the assets and keep the number of non -performance loan (NPL) between 2-3 percent in the next 12 months.In a report aimed at […]
