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IOB adopts multi-pronged approach to ensure recovery from NPA accounts

Indian Overseas Bank has invited Asset Reconstruction Companies to take part in the forthcoming e-auction scheduled to be held on

Photo Credit: Ruby Sharma 4 min read Last Updated : Apr 27 2024 | 9:41 PM IST The net

Speaking candidly about what lies ahead for Ujjivan Small Finance Bank, Ittira Davis, MD & CEO, said that in FY25,

City Union Bank has reported a 16 per cent increase in its net profit at ₹253 crore for the quarter ended December 31, 2023,

South Indian Bank has registered a net profit of ₹305.36 crore for Q3 FY24 compared with ₹102.75 crore in Q3

Illustration by Binay Sinha Natarajan Sundar, the Managing Director and Chief Executive Officer of National Asset Reconstruction Co Ltd

The Reserve Bank of India (RBI) plans to tighten the prudential requirements relating to capital adequacy and asset quality for

Bank credit is expected to grow at 12-13 per cent in FY25 led by the services and retail segments. However,

YES Bank has invited expressions of interest (EoI) for the proposed sale of NPAs worth ₹4,234 crore, the bank said

Cost of funds for L&T Finance Holdings could increase by 12-14 bps due to the Reserve Bank of India’s recent