Top Indian Banking Industry News & Updates - 29 May 2023,Monday

🗎 RBI / MoF / Govt. Policies

📝  Cabinet secretary-led panel to interview five candidates for RBI deputy governor's post on June 1
📝  Centre in talks with banks on transfer of attached assets
📝  Changing of Rs 2,000 currency notes off to a slow yet smooth start
Read More >>

🏦 PSB / Pvt Banks

📝  Bank of Maharashtra top performer in NPA management during FY23
📝  Plan change: ICICI Bank to hike stake in ICICI Lombard
📝  Banks report lowest bad loan provisioning in Q4 since the pandemic amid improving asset quality
📝  Banks’ provisioning for NPAs falls for fifth quarter in a row in Q4
📝  After initial hiccups, 3 payments banks turn profitable
📝  Karnataka Gramin Bank’s business grows 7% to ₹61,000 cr in FY23
📝  Bank of Maharashtra’s advances to grow 1.5 times the banking industry average in FY24: Chief Rajeev
📝   ₹2,000 note exchange/ deposit: Know rules for SBI, HDFC, ICICI, other banks
📝  Karnataka Bank Q4 results: Net profit up 171.5%, dividend declared
📝  ICICI to raise stake in general insurance business above 50 per cent
Read More >>

🏦 Foreign Banks / FIIs / I-Banks

📝  FII flows, global events among top 10 factors to dictate Dalal Street mood this week
📝  Is the foreign banking landscape changing in India?
Read More >>

🏠 Housing Finance

📝  Repco Home Finance net up 95% in Q4
📝  Indiabulls Housing working on a new identity
Read More >>

🗎 NBFCs / FIs / MFI

📝  PFC Q4 net profit rises over 42% to Rs 6,129 crore
📝  Shriram supports entrepreneurs lacking access to formal finance: YS Chakravarthi
Read More >>

UPIs / Wallet / FinTech

📝  UPI to account for 90% of retail digital payments by 2026-27: PwC India report
📝  UPI Lite needs more push from banks
Read More >>

🗠 Mutual Funds / AMCs

📝  Buy low, sell high and repeat: Timing is taking root in mutual funds
📝  Yield-to-maturity in debt mutual funds continue to trend downwards
Read More >>

🗎 Equities, Pvt. Equity / Hedge Funds

📝  Sebi may ease compliance for PE and VC funds
📝  Monsoons best time for Indian equities, I am looking forward to this one: Dipan Mehta
📝  FPIs invest Rs 37,316 crore in May on strong domestic macro fundamentals, reasonable valuation
Read More >>

🗎 Govt. Securities / Bonds

📝  For bond trading, foreign banks ready locally-compliant structures
📝  RBI reviews bond value norms that shield banks
Read More >>


Corporate Office

405, TSL Corner
Local Shopping Complex
Sector G Mayur Vihar Phase III
Delhi - 110096, India

Contact

contact@nurcmedianext.com
nurcmnx@gmail.com
nurcmedianext@gmail.com
+91-11-49849324, +91-9958949710