Banking on banks in the time of Covid-19
As India battles an unprecedented crisis, the role of banks will define the economy’s agility in rebuilding the lives of a billion people disrupted by the lockdown to check the spread of Covid-19.
banks
March 2020
January 2020
December 2019
August 2019
July 2019
June 2019
April 2019
Covid-19: Cash is in plenty and safe to use
The cash management industry has been adopting strategic ways to ensure ATMs don’t run dry. Currency notes aren’t a carrier of Covid-19, it says.
Mega merger of PSBs a key concern: PwC
John Garvey, global financial services leader at PwC, says he is also concerned about non-performing loan ratios of banks and the credit crunch in India’s economy.
Understanding the spending-lending divide
Over the past 18 months, private spending has slowed down substantially. However, retail lending continues to remain robust.
Mumbai region real estate loans severely stressed
The liquidity crunch in the country’s top two real estate markets—Mumbai Metropolitan Region and National Capital Region—is unrelenting, according to ANAROCK Capital.
Banking on size, technology, and efficiency
By merging 10 PSBs into four large banks, the Finance Minister wants to push growth through credit offtake and pave the way for a $5 trillion economy.
Good blueprint, but gaps remain: India Inc.
Focus on infra, housing, financial services, labour reforms welcome; but concerns remain on corporate tax, ability to meet disinvestment target.
Financing MSMEs: The continuing challenge
The performance of banks in rural and MSME lending has been inadequate even after the considerable expansion of the scope of priority-sector loans.
Financial institutions: The calm after the storm
The year seems to be fairly upbeat for the sector, if increment projections are anything to go by.
Banks: A roaring return
With their balance sheets fairly cleaned up and a steady third quarter, banks will be at the forefront of earnings growth in FY20, believe Ambit Group’s Ashok Wadhwa and Nitin Bhasin.
