2 min read Last Updated : Oct 14 2024 | 7:50 PM IST Ahead of the new prompt corrective action (PCA) framework for Urban Cooperative Banks (UCBs), about 60-65 weak UCBs are expected to exit the current supervisory regime by March 2025 on improvement in performance. At present, a little over 500 weak … Read more
4 min read Last Updated : Oct 11 2024 | 12:37 AM IST Funds raised by non-banking financial companies (NBFCs), including state-owned finance companies and refinance institutions, from the domestic debt capital market exceeded Rs 3.2 trillion in the April to September period of financial year 2025 (H1FY25). Out of the total funds, … Read more
2 min read Last Updated : Oct 10 2024 | 7:09 PM IST Public sector banks’ (PSBs) share in incremental credit declined by three percentage points to 51 per cent in September 2024 from 54 per cent a year ago as they moderated the pace of disbursements to non-banking finance companies and unsecured credit. … Read more
RBI, Reserve Bank of India(Photo: Reuters) 2 min read Last Updated : Oct 07 2024 | 11:30 PM IST The Reserve Bank of India’s (RBI’s) draft proposals to align businesses of banks and their non-bank subsidiaries is likely to have an impact on major private sector banks, including HDFC Bank, Axis Bank, Kotak Mahindra … Read more
2 min read Last Updated : Oct 07 2024 | 7:36 PM IST Securitisation volumes in Q2FY25 are likely to have touched around Rs 60,000 crore, up 31 per cent year-on-year (Y-o-Y), driven by participation from private sector banks as originators, who are selling down their portfolios to improve their credit-to-deposit ratios, said rating … Read more