Mumbai, The gross non-performing assets (GNPA) of the Indian banking system are set to improve further to up to 2.1 per cent by the end of FY25, a report said on Friday….
Tag: banks
A real estate CEO predicts hundreds of banks will fail or be taken over by 2026
A real estate boss expects at least 500 banks to fail or be taken over in the next two years. Scott Rechler, CEO of RXR, said the maturing of commercial real estate…
US banks have loaned $1 trillion to less regulated ‘shadow banks’
US banks have given out $1 trillion of loans to non-regulated “shadow banks.” Regulators said that these alternative lenders increase banks’ exposure to higher risk debt. The amount of loans made by…
Banks continue to spook markets after HDFC Bank’s LDR shock in Q3
HDFC Bank’s loan to deposit ratio (LDR) went up to a tight 110% versus its pre-merger LDR of around 85%. There is chatter that the RBI intends to bring LDR to around…
2 Chinese banks ditched their Russian clients, report says, hinting at cracks in the Putin-Xi bromance
Two state-owned Chinese banks are severing ties with Russian clients, Bloomberg reported. They’re assessing whether clients have ties to Russian entities sanctioned by the US. Two Chinese state-owned banks are severing ties…
RBI asks NBFCs to broad-base fundraising, reduce dependence on banks
The Reserve Bank on Wednesday asked non-bank finance companies to broad-base their fundraising to limit reliance on banks as it called for strengthening balance sheets and guarding against frauds and data breaches….