News for week ended 7 nov-2010
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The Reserve Bank of India hiked its short-term borrowing and lending rates by 25 basis points to tame inflation, raising the repurchase rate to 6.25% and reverse repurchase rate to 5.25%. While continuing its tight monetary policy stance, RBI hinted that rates may not change in the near future. Banks had borrowed the most from RBI to address a cash crunch, forcing RBI to provide temporary liquidity measures like a second liquidity adjustment facility window. ICICI Bank reported a 21.8% rise in net profit for the September quarter due to increased corporate lending and lower provisions.
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Weekly news for week ended 7 november
The Reserve Bank of India hiked interest rates by 25 basis points to continue tight monetary policy and tame inflation, raising the repurchase rate to 6.25% and reverse repurchase rate to 5.25%. Banks borrowed a record Rs. 1.31 lakh crores from RBI to overcome a cash crunch. Coal India gained 40% on market debut, creating records as the largest IPO offering and biggest coal producer worldwide.
Leading banks-cut-deposit-rate
Leading banks in India have cut deposit rates in response to Prime Minister Modi's direction to lower rates and the large increase in deposits following demonetization. The State Bank of India cut rates on bulk deposits by up to 1.9% and others like ICICI Bank and HDFC Bank cut rates by up to 0.25%. Bankers anticipate the Reserve Bank of India will lower its repo rate by 0.25-0.5% at its next policy review. SBI saw over Rs. 1.2 lakh crore deposited in the past 15 days after demonetization and expects improved financial performance this quarter as a result of the large deposits. ICICI Bank, HDFC Bank and Kotak Mahindra
Weekly news on banking sector
The document summarizes recent news in the banking sector. It reports that the head of Royal Bank of Scotland alleged that the bank's former management treated its retail arm as a "cash cow" to fund acquisitions. It also reports that the Reserve Bank of India hiked interest rates by 25 basis points to curb inflation. Additionally, it mentions that Union Bank of India reported a 40% drop in net profits in its recent quarterly results.
Tide is Turning | Debt Markets | ICICI Prudential Mutual Fund
"Tide is Turning" aims to simplify key pointers pertaining to the recent RBI's policy. It details newly introduced Standing Deposit Facility (SDF) and how with SDF, LAF (Liquidity Adjustment Facility) corridor will be restored back to pre-pandemic levels. Floating rate bonds can provide necessary cushion in such an rising rate environment.
Investment Idea - ICICI Bank Ltd - HOLD
Catch the latest Equity research reports from Fullerton Securities at http://www.fullertonsecurities.co.in/equity/markets/research_reports.aspx
Fixed Income Update - September 2019
The document provides a market and macroeconomic update for September 2019. Interbank lending rates remained near the RBI's repo rate of 5.40% due to ample liquidity in the system. Currency in circulation and bank credit growth increased year-over-year in August, while deposit growth was moderate. Government bond yields declined over the month but increased toward the end due to slowing growth concerns.
Non Performing Asset (NPA)
This document discusses non-performing assets (NPAs) in the Indian banking system. It defines NPA and categorizes them as standard, sub-standard, doubtful or loss assets. It examines the causes of NPA, including lack of due diligence, speculation, default, fraud and policy changes. The high levels of NPA have negatively impacted banks' profits, cash flows, goodwill and equity values. The document analyzes factors driving the rise in NPA, both internal like management issues, and external like economic conditions. It provides bank-wise NPA ratios for 2017-18 and discusses strategies to manage NPA, including preventive monitoring and curative actions like restructuring loans, settlements and legal recovery processes.
Fixed Income Update - December 2019
Benchmark 10 year treasury yields remained flat as they averaged at 6.50% in November (5bps lower vs. October avg.).
System liquidity remained in surplus on the back of bank deposits growing faster than credit, government spending and
RBI forex purchases.
Read the full document to know more.
Recommended
Weekly news for week ended 7 november
The Reserve Bank of India hiked interest rates by 25 basis points to continue tight monetary policy and tame inflation, raising the repurchase rate to 6.25% and reverse repurchase rate to 5.25%. Banks borrowed a record Rs. 1.31 lakh crores from RBI to overcome a cash crunch. Coal India gained 40% on market debut, creating records as the largest IPO offering and biggest coal producer worldwide.
Leading banks-cut-deposit-rate
Leading banks in India have cut deposit rates in response to Prime Minister Modi's direction to lower rates and the large increase in deposits following demonetization. The State Bank of India cut rates on bulk deposits by up to 1.9% and others like ICICI Bank and HDFC Bank cut rates by up to 0.25%. Bankers anticipate the Reserve Bank of India will lower its repo rate by 0.25-0.5% at its next policy review. SBI saw over Rs. 1.2 lakh crore deposited in the past 15 days after demonetization and expects improved financial performance this quarter as a result of the large deposits. ICICI Bank, HDFC Bank and Kotak Mahindra
Weekly news on banking sector
The document summarizes recent news in the banking sector. It reports that the head of Royal Bank of Scotland alleged that the bank's former management treated its retail arm as a "cash cow" to fund acquisitions. It also reports that the Reserve Bank of India hiked interest rates by 25 basis points to curb inflation. Additionally, it mentions that Union Bank of India reported a 40% drop in net profits in its recent quarterly results.
Tide is Turning | Debt Markets | ICICI Prudential Mutual Fund
"Tide is Turning" aims to simplify key pointers pertaining to the recent RBI's policy. It details newly introduced Standing Deposit Facility (SDF) and how with SDF, LAF (Liquidity Adjustment Facility) corridor will be restored back to pre-pandemic levels. Floating rate bonds can provide necessary cushion in such an rising rate environment.
Investment Idea - ICICI Bank Ltd - HOLD
Catch the latest Equity research reports from Fullerton Securities at http://www.fullertonsecurities.co.in/equity/markets/research_reports.aspx
Fixed Income Update - September 2019
The document provides a market and macroeconomic update for September 2019. Interbank lending rates remained near the RBI's repo rate of 5.40% due to ample liquidity in the system. Currency in circulation and bank credit growth increased year-over-year in August, while deposit growth was moderate. Government bond yields declined over the month but increased toward the end due to slowing growth concerns.
Non Performing Asset (NPA)
This document discusses non-performing assets (NPAs) in the Indian banking system. It defines NPA and categorizes them as standard, sub-standard, doubtful or loss assets. It examines the causes of NPA, including lack of due diligence, speculation, default, fraud and policy changes. The high levels of NPA have negatively impacted banks' profits, cash flows, goodwill and equity values. The document analyzes factors driving the rise in NPA, both internal like management issues, and external like economic conditions. It provides bank-wise NPA ratios for 2017-18 and discusses strategies to manage NPA, including preventive monitoring and curative actions like restructuring loans, settlements and legal recovery processes.
Fixed Income Update - December 2019
Benchmark 10 year treasury yields remained flat as they averaged at 6.50% in November (5bps lower vs. October avg.).
System liquidity remained in surplus on the back of bank deposits growing faster than credit, government spending and
RBI forex purchases.
Read the full document to know more.
Weekly news for week ended 7 november
The Reserve Bank of India hiked interest rates by 25 basis points to continue tight monetary policy and tame inflation, raising the repurchase rate to 6.25% and reverse repurchase rate to 5.25%. Banks borrowed a record Rs. 1.31 lakh crores from RBI to overcome a cash crunch. Coal India gained 40% on market debut, creating records as the largest IPO offering and biggest coal producer worldwide.
Repo rate
The Reserve Bank of India raised interest rates by 25 basis points to 7.5% in its first policy review under new Governor Raghuram Rajan. This will increase borrowing costs for banks and lead to higher interest rates for retail loans like cars and homes. The unexpected rate hike sent stocks and the rupee lower, but withdrew some emergency measures to support the rupee, focusing instead on controlling inflation under Dr. Rajan's leadership.
State Bank of India Q1 Result FY 2021| SBI Bank Share Latest News| SBI Share ...
To Understand this PPT : https://youtu.be/S2RIYxq0jpY
State Bank of India Q1 Result FY 2021| SBI Bank Share Latest News| SBI Share complete Analysis
Upload File 20078111320
The Reserve Bank of India (RBI) increased the cash reserve ratio (CRR) by 50 basis points to 7% effective August 4th. This will suck out an estimated Rs. 15,000-16,000 crore of excess liquidity from the banking system. RBI maintained other key rates unchanged. The hike aims to contain inflation and support the economy through export and investment demand. Banks may see a short-term negative impact, but RBI's objective is to ensure a stable monetary environment for continued economic growth.
“A study on economic performance, after a new rbi governor ride” bali tij...
Raghuram Rajan took over as the Governor of the Reserve Bank of India in September 2013 and introduced several monetary policy reforms aimed at controlling inflation and boosting economic growth, including leaving interest rates unchanged, increasing foreign borrowing limits for banks, and expanding access to finance for small businesses and low-income groups. Key economic indicators like the rupee exchange rate, stock market, inflation, and current account deficit improved in the months following Rajan's reforms. An analysis of Rajan's first year as RBI Governor found that his policies helped stabilize the economy and rein in deficits but that inflation remained a risk and interest rates were likely to be held
Financial sector
The NBFC sector saw gains as the market expected an interest rate cut by the RBI at its upcoming meeting on December 7th. The rate cut is anticipated to boost the economy following demonetization and ease issues around banks having sufficient funds to lend. Key NBFC stocks such as SREI Infra, Can Fin Homes, and PFS rose over 1% in morning trading on these expectations. The RBI's monetary policy committee will begin deliberations on December 6th to potentially lower rates by 0.25% or more to cushion the impact of demonetization.
Monetary policy in India a brief
The Reserve Bank of India uses various monetary policy tools to regulate the availability, cost, and use of money and credit in the economy. Some of the key tools include open market operations, cash reserve ratio, statutory liquidity ratio, repo and reverse repo rates, bank rate, and liquidity adjustment facility. By adjusting these tools, the RBI can influence monetary conditions like liquidity, inflation, and economic growth. For example, decreasing the CRR injects more liquidity into the banking system, while increasing repo rates tightens monetary policy. The goal is to use these tools to achieve price stability while promoting economic development.
SNIPPETS-081016
The Reserve Bank of India lowered the benchmark repo rate by 25 basis points to 6.25%, the lowest in 6 years, in an effort to stimulate the economy despite inflation forecasts slightly above target. New guidelines on stressed assets will allow banks to classify only the unsustainable part of restructured loans as bad, providing relief to banks burdened by bad loans. Fintech startups are positioning themselves to gain business from banks and financial institutions that are struggling to keep up with growing online markets, by offering services like easy EMI payment options directly on e-commerce sites. Delinquencies in loans against property (LAP) are expected to rise above 5% over the next four quarters, with non-banking financial companies facing more
RBI and Indian Govt Tussle
The document summarizes tensions between the Reserve Bank of India (RBI) and the Indian government over several issues: interest rates, dividend payments, loan restructuring, regulation of public sector banks, corrective action for struggling banks, payments regulation, board appointments, liquidity support for non-banking financial companies, foreign exchange reserves, and more. Key points of contention have been the RBI's refusal to cut interest rates as desired by the government, lower than expected dividend payments from the RBI to the government, and the RBI's regulatory actions around struggling banks which put pressure on the government.
Monetary policy
The document summarizes monetary policy in India. It discusses how the Reserve Bank of India (RBI) uses various monetary policy tools like open market operations, cash reserve ratio, statutory liquidity ratio, bank rate, repo rate, and reverse repo rate to control money supply and maintain price stability. It notes that RBI recently cut the repo rate by 25 basis points to 7.75% due to falling inflation. The rate cut led to gains in the stock market and currency. Further cuts are expected pending the government's budget and stance on fiscal consolidation.
Rbi and banking
The document discusses the role and functions of the Reserve Bank of India (RBI) as the central bank of India. It outlines that the RBI is responsible for issuing currency, acting as a banker to the government and banks, controlling inflation, managing foreign exchange reserves, and regulating the banking system. It also describes the various monetary policy instruments used by the RBI, including open market operations, cash reserve ratio, statutory liquidity ratio, repo and reverse repo rates, to regulate money supply and achieve monetary policy objectives like price stability. Finally, it briefly discusses rural banking in India through regional rural banks, cooperative banks and the role of RBI in promoting rural credit.
RBI Monetary Policy Review - Feb 2' 2016
The Reserve Bank of India (RBI) left the key policy repo rate unchanged at 6.75%. While awaiting more data on inflation developments and keeping an eye on the forthcoming Union Budget, the RBI is keeping rates unchanged. Inflation is expected to be around 5% by fiscal year 2017 assuming a normal monsoon and current oil and exchange rate levels. The RBI forecasts growth in the Indian economy to strengthen to 7.6% for fiscal year 2017, supported by a likely normal monsoon, improving household incomes, and lower input costs for firms.
INDIAN ECONOMY: CHALLENGES AND EXPECTATIONS
The Reserve Bank of India has recently released a small dose of liquidity by reducing Cash Reserve Ratio (CRR) by 0.5% for the commercial banks. Government borrowings have swallowed significant resources from the banking sector in recent months. The Liquidity with banking sector is still a major issue.
Weekly News 25th April 2022.pptx
Foreign portfolio investors pulled out Rs. 12,300 crore from Indian equities in April due to fears of aggressive rate hikes by the US Federal Reserve. ICICI Prudential Mutual Fund merged five of its fixed maturity plans into its Money Market Fund. The Reserve Bank of India is expected to hike interest rates by 125 basis points over the next six policy meetings starting in June according to ICICI Bank. The market regulator is considering exempting Life Insurance Corporation of India from the mandatory requirement of floating at least 5% of shares during its upcoming initial public offering.
SNIPPETS 28012017
1. The RBI has no confirmed data on the value of fake currency notes detected since demonetization due to a lack of records.
2. Cash withdrawal restrictions are expected to be lifted by the end of February as over 80% of currency is projected to return to circulation.
3. The RBI has clarified that restructuring education loans due to unemployment will not be considered as non-performing assets, to encourage banks to provide more education loans.
YES BANK CRISIS
Yes Bank was founded in 2004 and offered banking and financial services but fell into crisis due to risky lending practices. It went on a loaning spree from 2014-2019 and many borrowers defaulted, causing bad loans to pile up while provisions were low. Deposit withdrawals increased and profitability declined. The RBI placed Yes Bank under moratorium in March 2020 and introduced a reconstruction plan to revive the bank with capital investments from SBI and other banks. Prashant Kumar was appointed the new CEO.
RBI Monetary Policy Review - Dec 1' 2015
The Reserve Bank of India (RBI) kept the key policy repo rate unchanged at 6.75%. The reverse repo rate remains at 5.75% and the cash reserve ratio is kept unchanged at 4.00%. RBI decided to keep rates unchanged amid some concerns over inflation rising in the coming months and expected interest rate hikes by the US Federal Reserve. While inflation rose to 5% in October, RBI expects seasonal factors to provide relief and for inflation to remain at its 6% target by January 2016. RBI maintained its FY16 GDP growth projection at 7.4% and indicated the possibility of further easing interest rates if inflation remains below target levels.
Indian banking sector reforms a glimpse
This document discusses reforms to the Indian banking sector over time. It notes that initially 60% of the population lacked bank accounts, 90% of small businesses lacked formal loans, and NPAs exceeded 4% of total advances. Two committees in 1991 and 1998 made recommendations to improve the sector by increasing capital requirements, reducing government ownership, and improving asset quality. Subsequent reforms focused on financial inclusion, new bank licenses, payment systems, and dealing with distressed assets. The RBI governor outlined five plans to further reform the sector through monetary policy, banking system changes, financial inclusion, liberalization, and addressing financial distress.
Monetary Policy of India
It properly explains monetary policy, its types, its tools, Current Monetary Policy of India (2018-19) and a proper analysis to it.
News for week ended 27 nov-2010
The CBI arrested eight finance executives, including the CEO of LIC Housing Finance, accusing them of taking bribes from a loan arranger in exchange for approving large corporate loans. The arrests shocked stock and real estate markets. Share prices dropped significantly for companies involved like LIC Housing Finance, DB Realty, and Money Matters Group. The scandal may also negatively impact property prices by reducing liquidity in the sector as bankers become more cautious about new loans. The CBI stated this case involves bribery and corruption rather than fraud.
News for week ended 21 nov-2010
Axis Bank will merge its wholly-owned investment banking arm with Enam Securities, acquiring the company for Rs. 2,067 crore. This deal will help Enam face competition from larger global investment banks and help Axis Bank grow its fee-based income. India's foreign exchange reserves declined by $1.9 billion due to a drop in foreign currency assets. Additionally, McKinsey reported that Indian banks will need to increase their total assets five-fold by 2015 to meet funding needs, and the largest five emerging Asian economies will account for nearly half of total Asian banking assets by 2014. Furthermore, IRDA will formulate merger and acquisition guidelines for non-life insurers to encourage consolidation, and SBI appointed G.
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Weekly news for week ended 7 november
The Reserve Bank of India hiked interest rates by 25 basis points to continue tight monetary policy and tame inflation, raising the repurchase rate to 6.25% and reverse repurchase rate to 5.25%. Banks borrowed a record Rs. 1.31 lakh crores from RBI to overcome a cash crunch. Coal India gained 40% on market debut, creating records as the largest IPO offering and biggest coal producer worldwide.
Repo rate
The Reserve Bank of India raised interest rates by 25 basis points to 7.5% in its first policy review under new Governor Raghuram Rajan. This will increase borrowing costs for banks and lead to higher interest rates for retail loans like cars and homes. The unexpected rate hike sent stocks and the rupee lower, but withdrew some emergency measures to support the rupee, focusing instead on controlling inflation under Dr. Rajan's leadership.
State Bank of India Q1 Result FY 2021| SBI Bank Share Latest News| SBI Share ...
To Understand this PPT : https://youtu.be/S2RIYxq0jpY
State Bank of India Q1 Result FY 2021| SBI Bank Share Latest News| SBI Share complete Analysis
Upload File 20078111320
The Reserve Bank of India (RBI) increased the cash reserve ratio (CRR) by 50 basis points to 7% effective August 4th. This will suck out an estimated Rs. 15,000-16,000 crore of excess liquidity from the banking system. RBI maintained other key rates unchanged. The hike aims to contain inflation and support the economy through export and investment demand. Banks may see a short-term negative impact, but RBI's objective is to ensure a stable monetary environment for continued economic growth.
“A study on economic performance, after a new rbi governor ride” bali tij...
Raghuram Rajan took over as the Governor of the Reserve Bank of India in September 2013 and introduced several monetary policy reforms aimed at controlling inflation and boosting economic growth, including leaving interest rates unchanged, increasing foreign borrowing limits for banks, and expanding access to finance for small businesses and low-income groups. Key economic indicators like the rupee exchange rate, stock market, inflation, and current account deficit improved in the months following Rajan's reforms. An analysis of Rajan's first year as RBI Governor found that his policies helped stabilize the economy and rein in deficits but that inflation remained a risk and interest rates were likely to be held
Financial sector
The NBFC sector saw gains as the market expected an interest rate cut by the RBI at its upcoming meeting on December 7th. The rate cut is anticipated to boost the economy following demonetization and ease issues around banks having sufficient funds to lend. Key NBFC stocks such as SREI Infra, Can Fin Homes, and PFS rose over 1% in morning trading on these expectations. The RBI's monetary policy committee will begin deliberations on December 6th to potentially lower rates by 0.25% or more to cushion the impact of demonetization.
Monetary policy in India a brief
The Reserve Bank of India uses various monetary policy tools to regulate the availability, cost, and use of money and credit in the economy. Some of the key tools include open market operations, cash reserve ratio, statutory liquidity ratio, repo and reverse repo rates, bank rate, and liquidity adjustment facility. By adjusting these tools, the RBI can influence monetary conditions like liquidity, inflation, and economic growth. For example, decreasing the CRR injects more liquidity into the banking system, while increasing repo rates tightens monetary policy. The goal is to use these tools to achieve price stability while promoting economic development.
SNIPPETS-081016
The Reserve Bank of India lowered the benchmark repo rate by 25 basis points to 6.25%, the lowest in 6 years, in an effort to stimulate the economy despite inflation forecasts slightly above target. New guidelines on stressed assets will allow banks to classify only the unsustainable part of restructured loans as bad, providing relief to banks burdened by bad loans. Fintech startups are positioning themselves to gain business from banks and financial institutions that are struggling to keep up with growing online markets, by offering services like easy EMI payment options directly on e-commerce sites. Delinquencies in loans against property (LAP) are expected to rise above 5% over the next four quarters, with non-banking financial companies facing more
RBI and Indian Govt Tussle
The document summarizes tensions between the Reserve Bank of India (RBI) and the Indian government over several issues: interest rates, dividend payments, loan restructuring, regulation of public sector banks, corrective action for struggling banks, payments regulation, board appointments, liquidity support for non-banking financial companies, foreign exchange reserves, and more. Key points of contention have been the RBI's refusal to cut interest rates as desired by the government, lower than expected dividend payments from the RBI to the government, and the RBI's regulatory actions around struggling banks which put pressure on the government.
Monetary policy
The document summarizes monetary policy in India. It discusses how the Reserve Bank of India (RBI) uses various monetary policy tools like open market operations, cash reserve ratio, statutory liquidity ratio, bank rate, repo rate, and reverse repo rate to control money supply and maintain price stability. It notes that RBI recently cut the repo rate by 25 basis points to 7.75% due to falling inflation. The rate cut led to gains in the stock market and currency. Further cuts are expected pending the government's budget and stance on fiscal consolidation.
Rbi and banking
The document discusses the role and functions of the Reserve Bank of India (RBI) as the central bank of India. It outlines that the RBI is responsible for issuing currency, acting as a banker to the government and banks, controlling inflation, managing foreign exchange reserves, and regulating the banking system. It also describes the various monetary policy instruments used by the RBI, including open market operations, cash reserve ratio, statutory liquidity ratio, repo and reverse repo rates, to regulate money supply and achieve monetary policy objectives like price stability. Finally, it briefly discusses rural banking in India through regional rural banks, cooperative banks and the role of RBI in promoting rural credit.
RBI Monetary Policy Review - Feb 2' 2016
The Reserve Bank of India (RBI) left the key policy repo rate unchanged at 6.75%. While awaiting more data on inflation developments and keeping an eye on the forthcoming Union Budget, the RBI is keeping rates unchanged. Inflation is expected to be around 5% by fiscal year 2017 assuming a normal monsoon and current oil and exchange rate levels. The RBI forecasts growth in the Indian economy to strengthen to 7.6% for fiscal year 2017, supported by a likely normal monsoon, improving household incomes, and lower input costs for firms.
INDIAN ECONOMY: CHALLENGES AND EXPECTATIONS
The Reserve Bank of India has recently released a small dose of liquidity by reducing Cash Reserve Ratio (CRR) by 0.5% for the commercial banks. Government borrowings have swallowed significant resources from the banking sector in recent months. The Liquidity with banking sector is still a major issue.
Weekly News 25th April 2022.pptx
Foreign portfolio investors pulled out Rs. 12,300 crore from Indian equities in April due to fears of aggressive rate hikes by the US Federal Reserve. ICICI Prudential Mutual Fund merged five of its fixed maturity plans into its Money Market Fund. The Reserve Bank of India is expected to hike interest rates by 125 basis points over the next six policy meetings starting in June according to ICICI Bank. The market regulator is considering exempting Life Insurance Corporation of India from the mandatory requirement of floating at least 5% of shares during its upcoming initial public offering.
SNIPPETS 28012017
1. The RBI has no confirmed data on the value of fake currency notes detected since demonetization due to a lack of records.
2. Cash withdrawal restrictions are expected to be lifted by the end of February as over 80% of currency is projected to return to circulation.
3. The RBI has clarified that restructuring education loans due to unemployment will not be considered as non-performing assets, to encourage banks to provide more education loans.
YES BANK CRISIS
Yes Bank was founded in 2004 and offered banking and financial services but fell into crisis due to risky lending practices. It went on a loaning spree from 2014-2019 and many borrowers defaulted, causing bad loans to pile up while provisions were low. Deposit withdrawals increased and profitability declined. The RBI placed Yes Bank under moratorium in March 2020 and introduced a reconstruction plan to revive the bank with capital investments from SBI and other banks. Prashant Kumar was appointed the new CEO.
RBI Monetary Policy Review - Dec 1' 2015
The Reserve Bank of India (RBI) kept the key policy repo rate unchanged at 6.75%. The reverse repo rate remains at 5.75% and the cash reserve ratio is kept unchanged at 4.00%. RBI decided to keep rates unchanged amid some concerns over inflation rising in the coming months and expected interest rate hikes by the US Federal Reserve. While inflation rose to 5% in October, RBI expects seasonal factors to provide relief and for inflation to remain at its 6% target by January 2016. RBI maintained its FY16 GDP growth projection at 7.4% and indicated the possibility of further easing interest rates if inflation remains below target levels.
Indian banking sector reforms a glimpse
This document discusses reforms to the Indian banking sector over time. It notes that initially 60% of the population lacked bank accounts, 90% of small businesses lacked formal loans, and NPAs exceeded 4% of total advances. Two committees in 1991 and 1998 made recommendations to improve the sector by increasing capital requirements, reducing government ownership, and improving asset quality. Subsequent reforms focused on financial inclusion, new bank licenses, payment systems, and dealing with distressed assets. The RBI governor outlined five plans to further reform the sector through monetary policy, banking system changes, financial inclusion, liberalization, and addressing financial distress.
Monetary Policy of India
It properly explains monetary policy, its types, its tools, Current Monetary Policy of India (2018-19) and a proper analysis to it.
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State Bank of India Q1 Result FY 2021| SBI Bank Share Latest News| SBI Share ...
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“A study on economic performance, after a new rbi governor ride” bali tij...
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News for week ended 27 nov-2010
The CBI arrested eight finance executives, including the CEO of LIC Housing Finance, accusing them of taking bribes from a loan arranger in exchange for approving large corporate loans. The arrests shocked stock and real estate markets. Share prices dropped significantly for companies involved like LIC Housing Finance, DB Realty, and Money Matters Group. The scandal may also negatively impact property prices by reducing liquidity in the sector as bankers become more cautious about new loans. The CBI stated this case involves bribery and corruption rather than fraud.
News for week ended 21 nov-2010
Axis Bank will merge its wholly-owned investment banking arm with Enam Securities, acquiring the company for Rs. 2,067 crore. This deal will help Enam face competition from larger global investment banks and help Axis Bank grow its fee-based income. India's foreign exchange reserves declined by $1.9 billion due to a drop in foreign currency assets. Additionally, McKinsey reported that Indian banks will need to increase their total assets five-fold by 2015 to meet funding needs, and the largest five emerging Asian economies will account for nearly half of total Asian banking assets by 2014. Furthermore, IRDA will formulate merger and acquisition guidelines for non-life insurers to encourage consolidation, and SBI appointed G.
News for week ended 14 nov-2010
1. Food inflation dipped to 12.3% in India as the index measuring agricultural product prices rose 12.3% and prices are expected to continue declining.
2. India's industrial output growth slowed to 4.4% in September, the slowest rate in 17 months, as measured by the Index of Industrial Production.
3. After 38 years of service, Usha Throat retired as Deputy Director of the Reserve Bank of India and was replaced by Anand Sinha, an executive director.
News for week ended 31 oct-2010
Union Bank of India reported disappointing second quarter results with net profits falling 40% year-over-year. Canara Bank saw its stock reach an all-time high after reporting a 10% rise in second quarter net profits. US stock markets rose following a G20 agreement to prevent a currency war and stronger home sales data. The State Bank of India increased its base lending rate by 0.1% to 8.6% and its prime lending rate by 0.25% to 12.5%, effective July 1, 2010.
News for week ended 24 oct-2010
The State Bank of India increased its base lending rates by 0.1% to 8.6% and its benchmark prime lending rate by 0.25% to 12.5%, effective July 1, 2010. This will likely increase monthly installments on existing home and auto loans by about Rs 16 per lakh for a 20-year loan. Additionally, SBI's upcoming bond issues were priced at 9.5% for 15 years and 9.25% for 10 years. Inflation rose slightly in September as food prices increased, prompting calls for action from the central bank. Wholesale price inflation increased to 8.62% in September from 8.51% in August.
News for week ended 17 oct-2010
Manufacturing growth in India slipped to 5.9% in August 2019, down from 10.6% in August 2018, as consumer demand indicators weakened. The Reserve Bank of India has raised interest rates five times this year to curb inflation. Coal India's initial public offering was priced at a discount to global peers and is expected to raise $2.1 billion, surpassing the previous record set by Reliance Power in 2008. Foreign and local banks are discussing the possibility of a direct currency exchange between the Indian rupee and Chinese yuan to reduce transaction times and costs for imports and exports between the two countries.
News for week ended 3 oct.2010
1. RBI told several state governments not to give new business to private banks that could generate thousands of crores of income. RBI did not specify the reason, but private banks believe it is aimed at job creation and poverty reduction.
2. Base rate has replaced BPLR as the minimum rate at which banks can lend. Base rates of major banks are: SBI 7.5%, HDFC 7.25%, ICICI 7.5%, PNB 8%.
3. Insurers withdrew 208 ULIP schemes from August-September and launched 42 new ULIPs in September. Insurers feel that every company will eventually have only 3-5 schemes, withdrawing 10-30 products and launching
A trip to bangkok, thailand
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This document presents a summary of Pallavi Saggar's six-week industrial training at Standard Chartered. It introduces the company, describing its founding, leadership, financial performance, and strategic focus on participation, competitive positioning, customers, people, and communities. The organizational structure of Standard Chartered is outlined, from the Chairman of the Board down to various divisions for wholesale banking, consumer banking, HR, and more. A SWOT analysis identifies strengths in diverse products and profitability, weaknesses in HR management, and opportunities in expanding branches. The document then shifts to discussing mutual funds, including types, current industry trends, and the future outlook. Research methodology is described for analyzing growth funds of selected companies and investigating investor perceptions. Limit
Presentation on summer training project
This document presents a summary of Pallavi Saggar's six-week industrial training at Standard Chartered. It introduces the company, describing its founding, leadership, financial performance, and strategic focus on participation, competitive positioning, customers, people, and communities. The organizational structure of Standard Chartered is outlined, from the Chairman of the Board down to various divisions for Asia, Risk Management, Wholesale Banking, and more. A SWOT analysis identifies strengths in diverse products and profitability, weaknesses in human resources, and opportunities in expanding branches. The document also provides an introduction to mutual funds in India, including types, current industry trends, and the future outlook for growth.
News for the week ended 26 sept.-2010
The document contains summaries of various news articles:
1. The Finance Ministry has revised caps on foreign investment in government securities and corporate bonds, raising the limits to $10 billion and $20 billion respectively.
2. RIL has disclosed annual reports for most but not all of its subsidiaries, remaining silent on details for some including two exploration subsidiaries and a joint venture.
3. Bank deposits saw their highest rise this year in September, with total deposits increasing Rs. 33,581 crores and credit growing 19% year-over-year, partly due to increased deposit rates.
Mobile banking
Mobile banking allows customers to access bank services through their mobile phones. By combining banking and telecommunications technologies, customers can carry out secure transactions using mobile banking applications or SMS, though SMS is less secure. While the service is free for customers, telecom operators may charge for data usage. If a mobile phone is lost, transactions are still safe as long as the personal identification number is not compromised. Customers can register for mobile banking and download an application to complete transactions over GPRS or send SMS messages following the specified format and security procedures.
News for the week ended 18 sep-2010
The document summarizes recent news in the Indian banking sector. It discusses special deposit schemes introduced by 14 banks with higher interest rates. It mentions that the EPFO will pay a 9.5% rate for 2010-2011 after discovering hidden surpluses. It also notes that SBI is considering forming a holding company structure for its banks and subsidiaries. RBI may tighten key interest rates in an upcoming policy review. ICICI is fully integrating employees from an acquired bank. Another item discusses an initiative between Oxigen and SBI to expand banking access in rural areas. Finally, it mentions that food inflation has risen to 15% due to supply constraints from heavy rains in some regions.
Pallavi saggar cv
Pallavi Saggar is a 21-year-old female pursuing an MBA degree. She completed her BCom degree in 2009 with 72% and scored well in 12th grade and 10th grade. She has work experience from an internship at Standard Chartered Bank where she conducted a comparative analysis of growth funds of selected companies. She received first prize in economics at the college level and was recognized in the newspaper for her performance in 12th standard. In her free time, she enjoys reading, listening to music, cooking, and participated in dance, basketball and badminton at school.
Presentation on summer training project
This document presents a summary of Pallavi Saggar's six-week industrial training at Standard Chartered. It provides an introduction to the company, describing its founding in 1853, headquarters in London, and key figures. It outlines Standard Chartered's strategic intent, brand promise, values, and approach. The document also includes organizational charts, a SWOT analysis, descriptions of banking services and ratios, and trend analyses of financial metrics. Additionally, it introduces mutual funds, describing types, the current industry position in India, and growth in assets under management. Research methodology is outlined for comparative analysis of growth funds and analyzing investor perceptions. Data collection tools and limitations of the study are also mentioned.
News on banking sector for week ended 5 sept-2010
The document summarizes recent news in the banking sector. It reports that SBI is discussing further mergers of its subsidiary banks. It also reports that the Direct Tax Code will come into effect a year late in April 2012, with increased income tax exemption limits. Banks are seeking to relax accounting norms from regulators to minimize the impact of pension and gratuity liabilities on their profits and reserves. The document also provides updates on ULIPs, IDBI removing minimum balances, PNB's expansion plans, and retailers seeking a cut in debit card processing fees.
News on banking sector for week ended 5 sept-2010
The document summarizes recent news in the banking sector. It reports that SBI is discussing further mergers of its subsidiary banks. It also notes that the Direct Tax Code will come into effect a year late in April 2012, with increased income tax exemption limits. Banks are seeking to relax accounting norms from regulators to minimize the impact of pension and gratuity liabilities on their profits and reserves. The document also provides updates on ULIPs, IDBI removing minimum balances, PNB's expansion plans, and retailers seeking a cut in debit card processing fees.
News on banking sector
This document contains summaries of several news articles about developments in the Indian banking sector:
1) Standard Chartered Bank launched a new preferred banking program for emerging affluent individuals between ages 25-40 with annual incomes between 500,000-4,000,000 rupees.
2) The Indian Institute of Banking & Finance overhauled the structure of the Certified Associate exam for bankers to include 11 new elective subjects and place more emphasis on specialization.
3) State Bank of India merged with State Bank of Indore, absorbing all of its customers and branches after 90 years of independent operation as Indore Bank.
News on banking sector
This document contains summaries of recent news in the banking sector:
1) Standard Chartered Bank launched a new preferred banking program for emerging affluent customers between ages 25-40 with annual incomes between 500,000-4,000,000 rupees.
2) The Indian Institute of Banking and Finance restructured the Certified Associate of the Indian Institute of Bankers exam to include 11 new elective subjects and place more emphasis on specialization.
3) State Bank of India merged with State Bank of Indore after 90 years, integrating all of Indore Bank's customers and branches under SBI.
News on banking sector
This document contains summaries of several news articles about developments in the Indian banking sector:
1) Standard Chartered Bank launched a new preferred banking program for emerging affluent customers between ages 25-40 with annual incomes between 500,000-4,000,000 rupees.
2) The Indian Institute of Banking & Finance overhauled the structure of the Certified Associate exam for bankers to include 11 new elective subjects and place more emphasis on specialization.
3) After 90 years, State Bank of Indore was formally merged into State Bank of India, making all of its customers and branches part of SBI.
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Syllabus
Chapter-1
Introduction to objective, scope and outcome the subject
Chapter 2
Introduction: Scope and Specialization of Civil Engineering, Role of civil Engineer in Society, Impact of infrastructural development on economy of country.
Chapter 3
Surveying: Object Principles & Types of Surveying; Site Plans, Plans & Maps; Scales & Unit of different Measurements.
Linear Measurements: Instruments used. Linear Measurement by Tape, Ranging out Survey Lines and overcoming Obstructions; Measurements on sloping ground; Tape corrections, conventional symbols. Angular Measurements: Instruments used; Introduction to Compass Surveying, Bearings and Longitude & Latitude of a Line, Introduction to total station.
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Chapter 4
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Chapter 5
Transportation: Introduction to Transportation Engineering; Traffic and Road Safety: Types and Characteristics of Various Modes of Transportation; Various Road Traffic Signs, Causes of Accidents and Road Safety Measures.
Chapter 6
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1. Palancharmy, Basic Civil Engineering, McGraw Hill publishers.
2. Satheesh Gopi, Basic Civil Engineering, Pearson Publishers.
3. Ketki Rangwala Dalal, Essentials of Civil Engineering, Charotar Publishing House.
4. BCP, Surveying volume 1
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News for week ended 7 nov-2010
- 2. The Reserve Bank of India (RBI) hiked its short-term borrowing and lending rates by 25 basis points, continuing with its tight monetary policy stance to tame inflation, but hinted that the rates would not undergo any more changes in the immediate future. The repurchase rate now stands revised to 6.25 percent from the earlier 6 percent, while the reverse repurchase rate has been hiked to 5.25 percent from 5 percent. The cash reserve ratio (CRR) has been kept unchanged.
- 3. Banks borrowed highest from RBI to tide over cash crunch which forced RBI to resort to temporary liquidity easing measures . RBI opened 2nd window under liquidity adjustment facility (LAF) through which it either absorbs excess liquidity or injects funds to ease shortages.
- 4. ICICI Bank net profit up 21.8% at Rs. 1395cr. For sept. quarter on back of surge of corporate lending's & a substantial reduction in provisions. The bank, has bought Bank of Rajasthan has posted a net profit of Rs.1145cr. The total advances of the bank grew by 5.3% to Rs. 1236 cr.
- 5. Coal India gains 40% to Rs. 342.35 on debut creating many records. Coal India – the biggest IPO offering , biggest coal producer in the world.
- 6. RBI has pulled up Foreign banks in India to trade in Government bonds. RBI has decided 6 months trading ban on 3 MNCs ( Standard Chartered , Societe Genrale & Calyon ) A ban on trading means that bank in question will not be able to sell securities they buy from market or subscribe through auction to maintain minimum mandatory holding in govt. bonds. Statutory liquidity requirement = bank have to hold 25% of deposits in govt. papers.
- 7. Thank You