The management had said last year that the lender would grow its advances slower than deposits and will work to…
In the corporate segment, with corporate India currently flush with liquidity, we are well-positioned as the primary banker for many…
The board of directors, which must include at least two independent directors, is required to review the IAC’s recommendations and…
Kotak Mahindra Bank in October announced to cut the interest rate for savings accounts with balances of below Rs 5…
Among the Sensex shares, it was the second worst performer and the biggest loser in the BSE Bankex, which dropped…
Bajaj Housing Finance was listed on the stock exchanges last year, while HDB Financial Services is currently preparing for its…
On Wednesday, the five-day variable rate repo (VRR) auction saw muted response, with banks borrowing just Rs 3,980 crore against…
India’s December trade deficit came in lower than estimates at $21.94 billion, compared with the revised November number of $32.84…
Although the apex bank changed its monetary policy stance to ‘neutral’ from ‘withdrawal of accommodation’ in October, it has kept…
Signs of stress in the banking system became evident in the second quarter, with several banks revealing plans to sell…
Due to cash squeeze in the banking system, the interbank call money rate jumped 55 basis points above RBI’s repurchase…
After reaching Rs 1.04 lakh crore on January 1, the deficit in the banking system remained below the Rs 1-lakh-crore…
Taking approval from existing customers poses a major challenge, particularly in semi-urban and rural areas, where many customers do not…
Absence of a widely-accepted pricing model for retail NPAs, high transaction costs, difficulty in asset valuation and limited ability to…
Gross advances of the bank rose 3% to Rs 25.42 lakh crore as of December 31, 2024, from Rs 24.69…
The bank’s current account savings account (CASA) deposits increased 32.3% to Rs 1.13 lakh crore as of December 31, 2024,…
The sector has witnessed a significant slowdown in microfinance growth in the current financial year amid mounting asset quality concerns.
Growth of credit to the services sector decelerated to 14.4% in November from 22.2% a year ago, primarily due to…
