What lies under the hood in banks' Q3 business updates
Q3 updates reveal private banks focused on deposits while public sector banks drove loan growth. Slower credit growth and ...
After two muted quarters, earnings woes for banks are likely to continue in Q3. Here are 5 top picks ahead of the results season.
Indian banks are expected to face continued earnings pressure in Q3 due to subdued credit growth, rising funding costs, and ...
Finmin Asks Banks And Insurance Companies to Expedite Resolution of Public Grievances
A meeting chaired by Financial Services Secretary M Nagaraju was held in which complainants, PSBs, public sector insurance ...
Banks driving rural growth via collateral-free loan support: FM Sitharaman
Finance Minister Nirmala Sitharaman emphasizes PSBs' role in rural empowerment through collateral-free loans and Central ...
Private banks outrun public sector peers in priority lending benchmarks
Private sector banks met their priority sector lending targets for the first time in 2023-24. This includes targets in areas ...
BAANKNET, a revamped e-auction portal for properties with public sector banks launched by DFS secretary M Nagaraju
The e-auction portal ‘Baanknet’, launched by DFS Secretary M Nagaraju, consolidates information on e-auction properties from ...
RBI flags high attrition in private banks
High attrition rates in private sector and small finance banks are a significant risk factor, causing operational disruptions ...
Headcount at state-owned banks slumps to lowest in 13 years, shows RBI data
Between FY17 and FY24, public sector banks lost more than 100,000 employees even as staff across the country's banking sector ...
9% interest: Your guide to the best fixed deposit rates in January 2025
Investors are also encouraged to review the tenure of their investments. Longer-term deposits may offer more attractive rates, but they come with the caveat of reduced liquidity.
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It’s not just write-offs, NPA ratios at banks are falling also because fewer loans are turning sour now
RBI data shows bad loans in India are the lowest in at least 13 years. While write-offs are the main reason, lower NPA ...
A significant milestone awaits public banks in 2024-25; spotlight falls on several key indicators
India's public sector banks are projected to surpass Rs 1.5 lakh crore profits by 2024-25 due to low NPAs and robust credit growth. Asset quality and profitability have improved significantly, though ...