After heavy losses, banks focus on being capital-light, reorient business models to push growth

  The rise in bad loans and subdued corporate demand is driving banks to explore new business models, cross-sell products with more retail-oriented segments for growth. They are stepping up credit monitoring standards to lend to good quality customers. Lenders including IDBI Bank, Canara Bank, Bank of India, Union Bank of India and Federal Bank are looking at more asset or capital-light […]

BSE plans to hire banks for $150 million IPO

Deutsche Bank, Motilal Oswal and SBI Capital Markets will also be hired as bookrunners. Photo: Mint Mumbai: BSE Ltd, India’s second-biggest exchange, plans to hire Axis, Edelweiss, Jefferies and Nomura as joint global coordinators for a $150 million initial public offering in India, IFR reported, citing two sources close to the transaction. Deutsche Bank, Motilal […]

Kingfisher airlines saga: SFIO seeks loan info from banks

Beleaguered liquor baron Vijay Mallya and Kingfisher airlines owe over Rs9,000 crore, including hobby, to a consortium of 17 lenders led by using kingdom financial institution of India. Mallya saga: SFIO seeksmortgage info from banks Mumbai: The critical Fraud research office (SFIO), the investigative employer for white collar crimes, has sought loan info from lenders […]

large Banks See Spike In Small Biz Lending, Says Biz2Credit

Small enterprise loans are becoming more appealing in these days’s enterprise climate as indicatedthrough the Biz2Credit Small business Lending Index, October 2015. large banks, with $10 billion or more in assets, are increasing the proportion in their typical loans to small organizations. “As hobby costs begin going up, we count on in addition increase within […]

huge Banks nevertheless Lend Small agencies less Than a Decade ago

not that long in the past, small groups had non-public relationships with their local banks. however that was before the financial crisis of 2007-08 and the worldwide monetary crumble, observedby using the consolidation of many institutions into fewer and less banks. these days’s banks, extra frequently than no longer, are national or multi-country wide entities […]