Search For "banking system"
RBI to look for additional measures other than rate cut to infuse enough l
Updated : 1 year, 1 month ago IST
The Reserve Bank of India (RBI) will have to look for additional measures other than a rate cut to infuse enough liquidity in the banking system according to a report by Emkay Research.
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RBI may ease LCR norms to help banks amid tight liquidity: Jefferies Repor
Updated : 1 year, 1 month ago IST
The Reserve Bank of India (RBI) may relax the Liquidity Coverage Ratio or LCR norms to inject additional liquidity into the banking system according to a report by Jefferies.
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BHARAT BANK Embraces Transformation: Upgrading to Finacle Ver. 10.2.25 by
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], January 6: In a dynamic financial landscape, the need for innovation is paramount. BHARAT CO-OPERATIVE BANK (MUMBAI) LTD was one of the few banks to implement Finacle as its CBS (Core Banking System) back in the year 2013-2014 with that legacy of being the early
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Gross NPA of public sector banks declined to 3.1% from peak of 14.6% in Ma
Updated : 1 year, 3 months ago IST
The Gross NPA ratio of public sector banks has declined to 3.12 per cent in September 2024 from 4.97 per cent in March 2015 and from a peak of 14.58 per cent in March 2018, the government said in a statement Thursday, reaffirming the good health in the banking system.
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Economists reacts to RBIs decision to keep repo rate unchanged and cut CRR
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) kept its key interest rates unchanged on Friday but cut the cash reserve ratio by 50 basis points to bring enough liquidity in the banking system.
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RBI cuts CRR by 50bps to infuse Rs 1.15 lakh crore in the banking system
Updated : 1 year, 3 months ago IST
By this, 1.15 lac crore liquidity will be infused into the backing system. Governor Das outlined the inflation projections for FY24-25, pegging Consumer Price Index (CPI) inflation at 4.8 per cent. Quarter-wise, inflation is forecasted at 5.7 per cent for Q3 and 4.5 per cent for Q4. For F
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Despite surplus liquidity in banking system, market volatility remains a k
Updated : 1 year, 4 months ago IST
India Ratings and Research (Ind-Ra) has published the October 2024 edition of its Credit Market Tracker. The report comments on the systemic and market liquidity with insights on interest rate transmission, short-term yields, and aggregate mutual fund sectoral debt exposure.
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Even with potential cut in repo rate, bank deposit rates unlikely to be lo
Updated : 1 year, 4 months ago IST
A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are expected to remain high due to the prevailing high credit-to-deposit ratio.
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Banking sector will lead the march to Viksit Bharat 2047: Secretary, DFS,
Updated : 1 year, 6 months ago IST
M Nagaraju, Secretary, Department of Financial Services, Ministry of Finance, said today, "All of us are aware that India's robust banking system is getting ready to meet the needs of Viksit Bharat."
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India's Financial Services need to grow 20X to achieve $30 trn GDP by 2047
Updated : 1 year, 6 months ago IST
Despite the robust current state of India's banking system--characterized by high profitability, strong capital adequacy, and low non-performing assets (NPAs)--the sector faces challenges and opportunities to sustain its growth and support national economic ambitions.
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Banking liquidity has declined to Rs 0.95 lakh cr from a peak of Rs 2.86 l
Updated : 1 year, 6 months ago IST
Liquidity in the Indian banking system has seen a significant decline this month says a research report by the Union Bank of India. It says the banking liquidity has fallen to Rs 0.95 lakh crore as on 28th August from a peak of Rs 2.86 lakh crore.
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Decline in bank deposits is also because of non-uniform tax treatment on v
Updated : 1 year, 6 months ago IST
On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its latest report asked for tax reforms. The report says tax Reforms for Deposits can accentuate the banking system's stability and resilience to next level.
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