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6 mins read

Srei Group may leave a $4 billion hole in some of India’s biggest lenders

Some of the biggest lenders to the group that is known for funding infrastructure projects inclu…

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2 mins read

Supreme Court verdict on loan moratorium case deferred to November 5

"These moratorium matters were listed yesterday but they came up today.I am requesting for an adjou…

PTI   


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2 mins read

Supreme Court says banks are free to restructure loans, but can't penalise borrowers availing moratorium benefit

Senior counsel Rajiv Dutta, appearing for the petitioner Gajendra Sharma who has taken home loan fr…

PTI   


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1 min read

Telcos to opt for EMI moratorium; tariff to remain stable: COAI

The RBI on Friday allowed banks to put on hold EMI payments on all term loans for three months, sla…

PTI   


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3 mins read

HDFC Bank likely to remain ahead of peers in second quarter — all eyes on loan restructuring, moratorium, and asset quality

HDFC Bank’s second-quarter results won’t be immune to the issues of the moratorium, restructuring o…

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2 mins read

ICICI Bank's share price jumps over 2% after it set floor price for QIP at ₹351.36 per share

Most of the big banks in India are looking to raise capital as they shore up their balance sheets a…

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4 mins read

Just like SBI, ICICI Bank has created a cash cushion in case bad loans rise

ICICI Bank has been busy raising capital in the month of June and this will not only help boost its…

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3 mins read

The fall in ICICI Bank shares reflects the market’s dislike of banking stocks this week

ICICI Bank’s share price fell by over 4% in early morning trade on Monday. This comes after the ban…

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2 mins read

No EMI payments for six months as RBI extends moratorium on loans repayments till August 31

“In view of the extension of the lockdown and continuing disruptions on account of COVID-19, the…

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2 mins read

Kotak Mahindra Bank saw rise in loans under moratorium but it isn't the worst hit

Kotak Mahindra Bank’s profit dipped by over 8% this quarter as compared to last year and its asset …

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1 min read

Moody's sees better than expected recovery of asset quality in India's leading private banks

"Ample domestic liquidity, loose monetary policy, moratoriums on loan repayments and government-…

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3 mins read

ICICI Bank’s earnings on May 9 will reveal the level of economic damage caused by COVID-19 at the level of small borrowers

ICICI Bank is one of top ten stocks to buy, according to Maquarie, which set a target price of ₹…

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2 mins read

ICICI Bank’s profits jump by 26% in Q4 as NPA's decline, but the full extent of bad loans will only reflect in the coming months

ICICI Bank’s fourth-quarter core operating profits are in the green at ₹1,221.36 crore, a jump of 2…

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1 min read

RBI asks lending firms to allow 3-month moratorium on EMI payments

RBI Governor Shaktikanta Das in a press conference said these are extraordinary circumstances, and …

PTI   


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4 mins read

Ujjivan Small Finance Bank sees shrinking interest and fee incomes due to loan moratorium this year

"Although we shall continue to accrue interest income on the outstanding portfolio including those …

PTI   


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1 min read

SBI simplifies EMI moratorium process, starts notifying eligible borrowers via SMS

It has reached out to all its eligible loan customers to obtain their consent to stop their standi…

PTI   


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4 mins read

Yes Bank fears more deposits may disappear when COVID-19 moratorium ends and people start repaying loans

Yes Bank posted a net loss of ₹3668.33 lakh in its fourth-quarter earnings amounting to a total los…

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2 mins read

PhonePe partners with ICICI Bank on UPI multi-bank model

"At PhonePe, our effort has always been to give customers more choice while making their transacti…

PTI   


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4 mins read

India's banking stocks are down 7% this week despite a rate cut by RBI and a pause on new bad loans and bankruptcies

The stocks look cheap as the Bank Nifty has already lost over 46% this year so far, but …

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3 mins read

Forget growth, Axis Bank will be happy if more borrowers don't take moratorium

So far, Axis Bank has sustained minimal damages. “Banks with relativ…