A study has found that the govt's consolidation of #PSBs cannot be explained on efficiency grounds and that the merger of these #banks was actually weakening the #banking system.

Read at 👇
https://www.moneycontrol.com/news/business/merger-of-govt-owned-lenders-weakening-banking-system-says-study-8546081.html?utm_source=telegram&utm_medium=social

The collective net profit of 12 state-run banks for the last financial year, which ended on March 31, 2022, was almost equal to the total frauds reported in the #banking system during the same period.

Read more about it 👇
https://www.moneycontrol.com/news/business/state-run-banks-net-profit-almost-equals-reported-frauds-in-banking-sector-in-fy22-8603901.html?utm_source=telegram&utm_medium=social

Have you checked out #MCMinis yet? 🤔

They are quick explainers or short insights on topics that matter! They fit into the screenshot of your phone. 📲 It is that easy and fast! ⚡

Start exploring: http://moneycontrol.com/news/mcminis

#ForeignCurrency #RBI #Banking

The cost-benefit calculation of privatisation is net- positive because #India should not be using the #banking system to drive social objectives & turn instead to other instruments of policy, former #RBI governor Duvvuri Subbarao said.

Read the full interview 👇
https://bit.ly/3cxzgGy

On #MorningTrade 🔥 LIVE NOW!

👉We take #stock of the #banking pack after most private banks report a stellar set of numbers in the 2nd quarter.

👉Also on the show - a look at the stocks in the spotlight today: #RIL, #ITC & #TataConsumer.

🔗https://www.youtube.com/watch?v=2zGLTy4AbAQ

Sudarshan Chair, Executive Director, and Head of Business Banking at DBS Bank India shares his expectations on the banking sector performance for 2023.

After the completion of the merger and banking services from Laxmi Vilas Bank, DBS Bank India is hoping for a year of growth. Bullish for SME and business banking in 2023, Chari said that for DBS Bank India, there is scope for growth and newer market reach.

🔴 Live @ 11.30 AM
https://www.youtube.com/watch?v=d8ugEhhnV4Q

#Banking

#HDFCBank is zooming in trade today after positing a stellar Q3 result.

Karunya Rao asks the Moneycontrol Pro's Neha Dave whether it's a prudent idea to #invest in the stock at current levels or if are there any better alternatives in the private #banking space?

Find Out

#Budget2023WithMC | As Nirmala Sitharaman presents her fifth union budget, Moneycontrol takes a look at some of the key measures for #banking sector in the previous budgets and the progress of implementation.

Read here 👇
shorturl.at/qrvRS

#Budget2023WithMC | Former finance secretary Subhash Chandra Garg shared his #budget wishlist for the #banking sector. He discussed expansion of DBUs, role of digital lending apps, & the recent fall in #crypto market.

Watch 📹
https://www.youtube.com/watch?v=OoO5RH93Fig

#BudgetWithMC: Highly promising sectoral funds, specifically #infrastructure or #banking & financial services, & the ones dedicated to themes like transport & logistics and manufacturing can be considered.

Read more 👇
https://bit.ly/3Jvik1q

"Banking is very prone and affected by technology because everything is electronics. And that is why banking can latch on and grow, says V Vaidyanathan, MD and CEO of IDFC First Bank

🔴 Watch #MCFintechConclave LIVE 👇
https://youtube.com/live/LPDcGgwQHDE

#Banking

#MCTech3 | We have a special edition today, wherein we bring you exclusive coverage of our inaugural #IndiaFintechConclave, that saw attendance from the biggest names in India's #fintech and #banking industry to exchange ideas, insights, and strategies.

Sign up for the newsletter:
https://bit.ly/41VlRwW

Recent #banking sector turmoil could result in #banks becoming more strict in extending credit, Federal Reserve Chair #JeromePowell said. In other words, a credit crunch is coming.

Let’s understand in this video what that means and also how it impacts you! 📹
https://youtube.com/watch?v=seNPn9gWkQA

#MCExplains | RBI Governor #ShaktikantaDas said they expect most of the #Rs2000Notes to return to the #banking system by September 30.

But what do #banks or the central bank do with these soiled or not-in-use notes? 🤔

Here's an explainer 👇
https://bit.ly/3ow4zHA