Top Indian Banking Industry News & Updates - 01 May 2023,Monday

🗎 RBI / MoF / Govt. Policies

📝  Don’t increase unsecured loans exposure: RBI to banks
📝  ARCs seek parity with banks for settlement of small value loans
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🏦 PSB / Pvt Banks

📝  Debadatta Chand to take charge of BoB, Rajneesh Karnatak appointed Bank of India MD & CEO
📝  Kotak Mahindra Bank says Uday Kotak's appointment as non-exec director in accordance with law
📝  IDFC First Bank posts ₹803 cr PAT on strong operating and interest income
📝  Kotak Mahindra Bank PAT up 26%
📝  Uday Kotak’s proposed appointment lawful, in interest of stakeholders: Kotak bank
📝  Central Bank of India’s Q4FY23 net profit soars 84% to ₹571-cr
📝  IDBI Bank net profit jumps 64 per cent in Q4FY23 to ₹1,133 cr
📝  India has quite efficiently managed its geopolitics: Uday Kotak
📝  Bankers are key to regional economic development & successful implementation of central government schemes: G Kishan Reddy
📝  Uday Kotak clarifies his statement, calling dollar as "financial terrorist"
📝  Special drive by public sector banks likely to recover written-off loans
📝  RBL Bank PAT up 37% to Rs 271 crore
📝  Kerala gratuity order to cause irreparable loss: HDFC Bank
📝  Corporate loan growth not very strong, says Kotak Mahindra Bank’s Manian
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🏦 Foreign Banks / FIIs / I-Banks

📝  FIIs stay committed to financials
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🏠 Housing Finance

📝  ‘Exploring funding options for housing finance arm’ YS Chakravarti, MD and CEO, Shriram Finance
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💳 ATMs / Credit Cards

📝  White label operator, India1Payments, to double the number of ATMs to 25,000 in 4-5 years
📝  India, Russia explore possibility of accepting RuPay, Mir cards
📝  As ATM fraudsters continue prowling, hapless victims get cold response from banks
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🔍 Rating / Research

📝  Rating: Buy; Axis Bank: Strong growth to continue
📝  Fed interest rate decision, Q4 earnings, macroeconomic data to drive markets this week: Analysts
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🗎 NBFCs / FIs / MFI

📝  Satin Creditcare Network's net profit jumps 59% year-on-year in March quarter
📝  L&T Finance Holdings Q4 PAT up 46%
📝  Muthoot Microfin expects 50% of its collections to come digitally by September
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🗠 Bourses

📝  Trying to get BSE on people’s priority list: MD & CEO Sundaraman
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Crypto

📝  Crypto is dead; Long live crypto
📝  Bitcoin’s monthly streak brings $100,000 into view if history is right
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🗠 Mutual Funds / AMCs

📝  Your Money: Know which hybrid MF scheme meets your needs
📝  Aditya Birla Sun Life AMC declares final dividend, net profit and income struggles in Q4
📝  Why mutual fund expansion in India is so slow
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  FPIs invest Rs 11,630 cr in equities in April on reasonable valuation, rupee appreciation
📝  Mint Explainer: Why Blackstone’s maiden retail REIT in India matters
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🗎 Govt. Securities / Bonds

📝  Asian bonds to lure more investors amid rate cut buzz
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