Indian Bank has nod to raise ₹12,000 cr, embarks on a 3-pronged plan to sustain deposit growth
Indian Bank’s Chief Shanti Lal Jain said the Bank has initiated a three-pronged strategy to mobilise deposits, addressing the increasing
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Indian Bank’s Chief Shanti Lal Jain said the Bank has initiated a three-pronged strategy to mobilise deposits, addressing the increasing
Continue readingCredit growth should not outpace deposit growth by miles as it may potentially expose the system to structural liquidity issues,
Continue readingThe share of low-cost current and saving deposits (CASA) in total deposits has largely bottomed out in the 39-40 per
Continue readingBank credit growth (excluding the impact of HDFC’s merger with HDFC Bank) slowed to 13.8 per cent year-on-year (yoy) for
Continue readingCredit growth in the Indian banking sector is expected to exceed nominal GDP growth in the current financial year 2024-25,
Continue readingWhile risk-based pricing is required, a cut in repo rate will prevent retail interest rates rising to unbearable levels, according
Continue readingState-run UCO Bank’s credit growth during the first quarter this fiscal may be in the range of 12-14 per cent
Continue readingState Bank of India (SBI), given the current economic growth rate, is expecting 14-15 per cent loan growth during the
Continue readingBanks profitability in seen moderating in Q4 FY24 to around 10 per cent y-o-y, on the back of muted NII
Continue readingCredit growth for most banks remained robust in the last quarter of FY24, maintaining a steady growth rate of 15-25
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