India
Improvement in sight for India's shadow lenders
But concerns still remain amongst investors amidst asset quality concerns.
Improvement in sight for India's shadow lenders
But concerns still remain amongst investors amidst asset quality concerns.
Indian banks rush to lend against $1.5t hoard of gold
Firms are expanding their gold-backed loans to accommodate families sitting on $1.5t hoard of the precious metal.
Indian banks face further credit slump in Q2
Scheduled commercial banks saw weaker credit growth at 5.9%.
Chart of the Week: Lockdown easing drives card payments recovery in India
Fear of COVID-19 spread is driving consumers towards digital payment tools.
India mulls reducing number of state-owned banks to five
The first part would entail the sell-off of majority stakes in six lenders.
Indian banks raise capital against trying times
Top private banks should be able to boost capital effortlessly.
Falling borrowing costs won't save India's embattled shadow lenders
Worries mount of rising bad debts as the pandemic crisis leaves millions jobless.
Rapyd partners with local payment players to launch service in India
It has partnered with local players to allow merchants to access 900 locally-preferred payment methods.
India's Yes Bank slashes public offering share price by 55%
It is the latest Indian lender to raise capital to boost buffers against bad loans.
HDFC Bank extends instant auto loan to Tier 2, 3 Indian cities
It will be available to clients with pre-approved offers.
Indian banks seizing bonds in hopes of government support
A support for the bond market is vital for India's record borrowing plan.
Pandemic may set back Indian banking sector's recovery for years
Nonperforming loans are expected to hit 13-14% of total loans for FY2020-21.
Personal loans, NBFCs anchor surge in Indian outstanding bank credit
Both segments comprised 73% of incremental credit in April.
Indian credit demand surges but recovery still far ahead
Gross non-performing loans drove the increase in credit.
India may inject almost $20b into state-owned banks
A final decision could be made in H2 of India’s fiscal year.
Indian banks want government to fund ‘bad bank'
They are pitching for an asset reconstruction company to buy NPLs.
Impact of COVID-19 on Indian Banks in the Near-Term
The COVID crisis has resulted in an unprecedented disruption to the economic activity, and will lead to major changes in operations of most industries, including banks. Given below are some views on how banks will need to adjust to the new reality once situation stabilises and economic activity starts resuming normal operations. While this note has been made keeping India in mind, most conclusions will be valid for other emerging economies as well.