Bank mergers: Are we creating more ‘too big to fail’ banks?

More banks categorised as Domestic Systemically Important Banks, increases the risk in our financial system

from Business Line - Money & Banking https://ift.tt/2mXrhsl

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Goldman Sachs invests Rs 500 crore in Ozone Techno Park

With lending by banks to realty slowing down since 2011-12, the role of NBFCs and housing finance companies had gained prominence.

from Banking/Finance-Industry-Economic Times https://ift.tt/2onL84h

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Indiabulls' assurance on proposed LVB merger: Chairman Gehlaut won’t sit on board if RBI insists

Group tells RBI it will comply with regulator’s demands; central bank not convinced.

from Banking/Finance-Industry-Economic Times https://ift.tt/2mLsgMs

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Four PSBs carry on their search for CEOs

The searches commenced before FM Nirmala Sitharaman announced the amalgamation in August, bringing down the total number of state-run banks to a dozen from 27 in 2017.

from Banking/Finance-Industry-Economic Times https://ift.tt/2mdMzli

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Over two-thirds of PMC’s loan exposure is in HDIL group

Officials allegedly helped lend 73% of total loans of the bank to just HDIL.

from Banking/Finance-Industry-Economic Times https://ift.tt/2m8Snwf

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