RECENT NEWS
The Economic Times  1 hr ago  Comment 
"This supports our call that PSU bank capitalisation risks are overdone, as Delhi has every incentive to capitalise to step up loan supply and growth," the report said.
The Economic Times  3 hrs ago  Comment 
The new rules, known as IFRS 9, will leave their mark on all major products used by Islamic banks — from simple savings accounts to Islamic bonds — and impact their bottom-lines.
Insurance Journal  4 hrs ago  Comment 
Wells Fargo & Co. is trying to keep dozens of customers suing over bogus accounts opened by its employees out of court, saying they agreed to resolve any disputes in arbitration when they began doing business with the bank. The …
The Hindu Business Line  4 hrs ago  Comment 
Bank of America Merrill Lynch's economist, Indranil Sen Gupta, expects the government to raise additional income tax to the tune of 0.7 per cent of GDP from the black money that converts into bank dep...
The Economic Times  4 hrs ago  Comment 
Some bankers said the expected bulk supply of Rs 500 notes has not arrived. “The amount that we get every day is more than the previous day.
Japan Today  6 hrs ago  Comment 
A combination of fresh salary budget data for the coming year and industry sector feedback points to a shortage of tech talent in the financial sector, which is helping salary budgets for talent in digital roles hold steady amid broader weakness...
The Times of India  6 hrs ago  Comment 
While the lack of new Rs 500 notes was very acute, bankers said currency supplies had improved from last week but not enough to meet customer requirements.
The Times of India  6 hrs ago  Comment 
By some estimates by economy experts, Narendra Modi may need until May to replace the 23 billion bank notes he's sucked out.
Forbes  7 hrs ago  Comment 
Given that 69% of the population in the Philippines in unbanked, pawnshops play an important role in enabling people to obtain cash and loans, since they cannot participate in the standard banking system.
The Economic Times  7 hrs ago  Comment 
PSBs had rallied since cash ban as the govt's move would have resulted in higher deposits and improvement in current account and savings account ratio.




 
TOP CONTRIBUTORS

The banking industry faces a challenging year in 2008 as many companies work through the weaker housing market and mortgage related issues.

In September 2007, the bank industry's earnings performance slipped for the first time in many quarters as the housing sector continued to weigh on the mortgage and investment banking businesses at many of the larger banks. The subprime mortgage fallout continued to affect the banking industry as it became difficult to value debt instruments backed by mortgages and caused a temporary credit freeze in some markets during the late summer.

More problems may arise in 2008 as rates on adjustable-rate mortgages made in 2005 and 2006 are scheduled to reset. Homeowners could potentially have a harder time making payments on these higher mortgages which may lead some to default. There is also a fear that the mortgage related problems may spill over into the credit card markets which would exacerbate the situation even further.

Banks make a profit by borrowing

Investment Banks

Investment banks help public and private institutions to raise capital and provide advice on mergers and acquisitions.

Savings and Loan Banks

Investment Banks

Foreign Regional Banks

Money Center Banks

Regional Banks

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