On sequential basis, transactions rose 8% from 10.6 billion in September. In terms of value, it rose nearly 9% from…
Retail segment constitutes 96% of loan assets as on September 30.
The money that has been raised will be drawn and utilised.
For us, moving to the 3% slab world in savings account is a big moment of arrival of our bank…
If the opportunity arises, we will definitely engage asset reconstruction companies. But we will sell under the 100% cash sale…
“While it will be difficult to give any numbers, we should not deteriorate from here. In case of delinquencies or…
The bank posted a bottomline of Rs 751 crore in the quarter under review, down nearly 2% on a sequential…
In March 2022, Reserve Bank of India (RBI) increased the ceiling on non-microfinance loans to 25% from 15% earlier.
The company posted a net profit of Rs 235 crore in the quarter under review, far lower than the Rs…
The bank has issued 33,451 credit cards as of September 30. Its market share is negligible at 0.03%.
Credit card receivables rose 19% y-o-y to Rs 45,078 crore in the quarter under review.
Retail loans rose 40.2% year-on-year to Rs 2.2 trillion as on September 30. Of the retail portfolio, core retail rose…
The Thrissur-based bank’s CASA ratio fell to 29.3% as on September 30 from 34.3% a year ago. This means that…
With the demerger of Jio Financial Services from itself, Reliance Industries joined the list of large corporates that intend to…
On Saturday, the private bank announced that Reserve Bank of India (RBI) has approved the appointment of Vaswani as the…
In the September quarter, the non-bank lender has witnessed a sizeable growth in the microfinance and digital loan segment.
We should be willing to accept inflation between 4% and 5% for several quarters as the price of avoiding a…
RBI approves appointment for three years.
