Keeping India’s goal of becoming a more inclusive economy by 2047, banks should align their strategies with the developmental aspirations…
Spread between G-sec and state government securities fall to 23 bps
For example, State Bank of India’s corporate loan book grew by 18.35% year-on-year in the September quarter and it is…
RBI reserves fall close to $30 billion as it stepped in to defend the rupee
Total income increased to Rs 19,872 crore, compared with Rs 16,659 crore in the year-ago period. Net interest income increased…
After falling to Rs 84.40 intra-day, the rupee closed at 84.3875, against 84.3750 on Friday. It may touch the 85-mark…
SBI’s infrastructure loans jumped 8.86% in the July-September quarter, and it currently has over Rs 4 lakh crore of outstanding…
In the coming days, the RBI is expected to intervene in the market, but not aggressively, as it would hurt…
According to data released by the RBI on Friday, the forex reserves fell by $3.46 billion for the week ended…
According to data from the Clearing Corporation of India (CCIL), FPI investment in government securities under the FAR route declined…
This is in line with the Reserve Bank of India’s (RBI) directions that banks and NBFCs involved in microfinance lending…
For loans above Rs 2 crore, we have centralised the process and created MSME hubs in 163 centres, instead of…
As of date, around 48% of the book is linked to either the repo or the T-bill. Around 4 lakh…
Global deposits registered a growth of 11.33% on a Y-o-Y basis to Rs 14,58,342 crore. Global yield on advances was…
‘We are trying to raise deposits on the pillar of services, and not on rates. Five months back, we reduced…
Advances increased by 22% year-on-year to Rs 2.22 lakh crore, driven by growth in retail loans, which grew 25%, and…
Its borrowing sources include loans from banks, the bonds it issues, and fixed deposits.
As on September 30, the corporate book stands at Rs 1,531 crore
