Latest Updates Around The World
Among banking groups, the share of PVBs (private sector banks) in new unsecured loan slippages was higher | Photo credit: phakphum patjangkata Slippages in the area of unsecured private loans may require increased vigilance from banks. According to the latest Financial Stability Report (FSR), slippages in these loans constituted 53.1 percent of the total slippages […]
A total of 13.34 lakh complaints were received under the RB-IOS in FY25, compared to 11.75 lakh in the previous fiscal. | Photo credit: FRANCIS MASCARENHAS According to the Ombudsman System Annual Report FY25, the Reserve Bank of India received the highest number of complaints against private banks under its Integrated Ombudsman System (IOS) in […]
Even as major indices remain within range, there is selective buying across banks and financial names, which Deven Choksey, Managing Director of DRChoksey FinServ Pvt, says indicates sectoral churn heading into the second half of the year. Ltd.According to Choksey, the second half of FY26 is expected to see stronger growth across sectors, with banks […]
In a rare fit of generosity, the Monetary Policy Committee (MPC) decided in its June meeting to lower the Repo rate with 50 basic points and to beat the Cash Reserve Ratio (CRR) for banks with 100 basic points. The CRR section will be phased out from September to November over four tranches. Both REPO […]
