Cautiously optimistic credit outlook for FY22: CRISIL
Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.
Has Covid-19 made PSBs more vulnerable?
While Indian banks' improved financial metrics do not fully reflect the impact of the Covid-19 pandemic, the under–capitalised PSBs are likely to remain risk averse and lose market share.
Yes Bank: RBI releases draft of bailout plan
The central bank has invited suggestions and comments from members of the public, including the banks’ shareholders, depositors, and creditors on the draft scheme till Monday (March 9).
YES Bank’s equity infusion countdown
The private sector lender said it will file its December quarter results by March 14; it is in talks with potential investors including J.C. Flowers and Silver Point Capital for a cash infusion.