RBI nod to Dipak Gupta's appointment as Kotak Mahindra Bank interim CEO
Gupta has been serving as a full-time director of the bank since January 1999 and has been designated as the joint MD since January 1, 2022.
indian banks
September 2023
August 2023
April 2023
March 2023
February 2023
September 2022
India's bank operating environment boosted as economic risks recede: Fitch
Bad bank that was incorporated in July 2021 has not played a meaningful role so far, says Fitch
Indian banks less prone to U.S. crisis: FinMin
Investments in held-to-maturity securities by the Indian banks are limited to 23% of deposits, according to the monthly economic review for March.
Silicon Valley Bank collapse to have limited impact on Indian banks: Moody's
The impact will be limited for most rated financial institutions in Asia-Pacific (APAC), says Moody's.
Improvement in financial performance bodes well for Indian banks: Fitch
Increased write-offs, higher loan growth, and improvement in asset quality have boosted the financial performance of Indian banks, says Fitch.
Banks' risks from Adani exposure are limited but can increase if loans rise: Moody's
Domestic banks may become the main source of funding for the group, resulting in increases in banks' exposures to Adani, says Moody's.
Indian banks to face margins pressure in FY24: Fitch
Fitch expects the Indian banking sector's average NIM to slightly contract by about 10 basis points in FY24 to 3.45%.
Rising rates to improve margins for Indian banks: Fitch
Indian banks’ net interest margins are expected to widen by 20 bps-30 bps in the near term, based on the assumption that the repo rate will reach 5.9% by December 2022 and 6.15% by the end of 2023.
