-
1 week ago | 
business-standard.com | Abhijit Lele |Anupreksha Jain
Interest margins are expected to improve from the third quarter onward, says Debadatta Chand, managing director and CEO, Bank of Baroda, in a conversation with Abhijit Lele and Anupreksha Jain. Edited excerpts:Net profit for Q4 grew, albeit marginally, despite a fall in the net interest income, as the other income provided the support. What is your outlook on treasury income going forward?
-
1 week ago | 
business-standard.com | Abhijit Lele |Subrata Panda
Prashant Kumar, managing director (MD) and chief executive officer (CEO), Yes Bank, discusses the Q4FY25 results and future strategy of the bank in an interview with Abhijit Lele and Subrata Panda in Mumbai. Edited excerpts:How is the next phase of growth going to look like for Yes Bank now that five years have passed since it was reconstituted? If you see the bank's performance in the last six quarters, it is a consistent trend - both in business growth and profit.
-
3 weeks ago | 
rediff.com | Anupreksha Jain |Abhijit Lele
Global Rating agency Moody’s on Wednesday said it was reviewing IndusInd Bank’s risk management capabilities, and its leadership transition, with the private sector lender grappling with accounting lapses pertaining to its derivatives transactions. “The financial impact of the derivatives losses is quite manageable considering IndusInd Bank’s strong capital.
-
1 month ago | 
rediff.com | Abhijit Lele
Securitisation – sale of loans to investors – by lenders, including banks and non-banking financial companies (NBFCs), crossed Rs 50,000 crore during the fourth quarter ended March 2025 (Q4F25). This is a tad higher than Rs 48,000 crore during the same period of FY24. However, sequentially, securitisation volumes declined substantially from about Rs 69,000 crore each in the second and third quarters of FY25, according to rating agency ICRA.
-
1 month ago | 
rediff.com | Abhijit Lele
The pace of loan growth among public sector banks (PSBs) has seen a surge in the financial year 2024-25, and this is an exception to the overall moderation in bank credit during FY25. PSU banks’ share in incremental credit rose to 57.3 per cent in March from 51.7 per cent a year ago, according to the Reserve Bank of India’s (RBI’s) Monetary Policy Report (April 2025). In contrast, the share of private lenders declined to 39.1 per cent in March from 46.6 per cent in March 2024.
-
2 months ago | 
rediff.com | Abhijit Lele
The gap between credit and deposit growth in the banking system is expected to decline sharply to 80 basis points (bps) in the next financial year from an average of 386 bps over the FY22-Q3FY25 period, according to rating agency India Ratings. This would be against the backdrop of sharp moderation in the incremental loan deposit ratio (LDR) of the Indian banking system to 85 per cent in February 2025 from 117-118 per cent in the same month of 2024.
-
2 months ago | 
rediff.com | Abhijit Lele
The gold loan portfolio of banks continued to show strong off-take with 76 per cent year-on-year (Y-o-Y) growth in January 2025 amid moderation in retail credit — especially in the unsecured credit segment — following increase in risk weights in November 2023. The gold loan pool had grown 17.4 per cent Y-o-Y in January 2024. The Reserve Bank of India (RBI) data showed that “loans against gold jewellery” under the retail segment stood at Rs 1.78 trillion in the fortnight ended January 24, 2024.
-
2 months ago | 
rediff.com | Abhijit Lele |Aathira Varier |Anjali Kumari
'I don't know when I will be able to access those funds.'IMAGE: Account holders at the New India Co-operative Bank's Versova branch, north west Mumbai. The Reserve Bank of India's decision to impose restrictions on the Mumbai-based New India Co-operative Bank following an alleged Rs 122 crore fraud came as a rude shock to thousands of depositors, many of whom had deposited large sums just days ago.
-
Feb 2, 2025 | 
business-standard.com | Subrata Panda |Abhijit Lele
Following the Bank of Baroda's (BoB's) December quarter earnings, its Managing Director and Chief Executive Officer Debadatta Chand spoke to Subrata Panda and Abhijit Lele about the bank's performance, its strategy for the rest of financial year 2025 (FY25), and its expectations from the upcoming monetary policy meeting. Edited excerpts:If you look at the interest expenses, it is growing faster than the increase in the interest income.
-
Feb 2, 2025 | 
flipboard.com | Abhijit Lele
8 hours agoUS CEO Criticizes Work Ethic Of Indian Tech Workers, Sparks Online DebateHe expressed frustration over the reluctance of many engineers to work six-day weeks, claiming that this resistance was hindering his company’s …6 hours agoPIO activist accuses government of denying visa to meet ailing momMUMBAI: Seattle-based Indian-American economist and ex-Seattle City Council's Kshama Sawant, who faced two e-visa rejections last year and has been …
