“Deposits may grow in the vicinity of 10% and advances may rise 11.5%-12.5% in FY25, lower than last year. While…
Technical decline & business decline cause problems
Earlier this week, SBI said in a release that the bank takes only up to 45 minutes to sanction digital…
According to the RBI guidelines on voluntary transition of SFBs to universal banks, an SFB must be listed on a…
HDFC Bank, IDFC First’s CD ratio over 100% as on March 2024
It also offers credit for various biofuels, along with financing biomass suppliers and aggregators for setting up of bio-fuels extraction…
Says bank is an interested party, shouldn’t have tried to influence shareholders
With a weaker mandate, some say that the BJP-led NDA coalition government might introduce populist measures in the full Budget…
Targets 1.1-1.2% GNPA, 20-23% AUM growth.
MPC may start cutting rates from second half of the financial year.
Number of frauds surges 166% to 36,075.
While the total income for the year increased by 17.04% to Rs 2.75 trillion, the total expenditure declined by 56%…
Sources said some lenders, including Canara Bank, Union Bank of India and Bank of India, are considering introducing a new…
The infrastructure sector looks promising, particularly the transportation segment which is looking very strong, Rakesh Singh.
While Fusion MFI’s overall collection efficiency stood at 98.3% in Q4FY24, collection efficiency in Punjab was lower at 75% during…
The SFB is targeting a 25% growth in its loan book in FY25 from Rs 29,780 crore in FY24, Davis…
Record $25 billion payout is more than double what was budgeted. Contingency risk buffer increased to 6.5% for FY24.
Payments banks are allowed to accept up to Rs 2 lakh of deposits per user, but can’t lend from their…
