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Lower-middle-class consumers are exhibiting a big shift in their borrowing patterns, transitioning from survival-driven borrowing to one fuelled by aspirations,
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Karur Vysya Bank (KVB) reported a 25 per cent increase in net profit for the second quarter of the current
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The Reserve Bank of India has imposed business restrictions on four non-banking finance companies (NBFCs) – Asirvad Micro Finance Ltd,
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Country’s third largest private lender by market capitalisation, Axis Bank, on Thursday reported its Q2FY25 net profit at ₹6,918 crore,
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Central Bank of India (CBoI) reported a 51 per cent year-on-year (y-o-y) jump in second quarter (Q2FY25) net profit at
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Banks’ deposit mobilisation efforts, including by offering higher interest rate on 1-2 years tenor, seems to be bearing fruit, going
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In September 2024, the cryptocurrency market experienced an 8 per cent increase in total market capitalisation, driven by positive sentiment
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The focus given on quality assets across all verticals has enabled the Kerala-based South Indian Bank to achieve 18 per
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Banks’ CASA (current account, savings account) ratio seems to have come full circle, returning to where it was after the
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There has been a behavioural shift among Indians regarding payment systems. People, who depended on cash transactions earlier, now prefer
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