Public sector banks’ write-offs touched ₹7 lakh cr in FY20-FY25
Public Sector Banks have written off around ₹7 lakh crore between 2019-20 and 2024-25 (till September), the Finance Ministry has
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Public Sector Banks have written off around ₹7 lakh crore between 2019-20 and 2024-25 (till September), the Finance Ministry has
Continue readingThe country’s largest lender, State Bank of India (SBI), on Friday, reported a 28 per cent year-on-year (y-o-y) and 8
Continue readingKarur Vysya Bank (KVB) has been assigned an ‘A1+’ rating for its short-term fixed deposits aggregating ₹12,000 crore and an
Continue readingPrivate sector lender IndusInd Bank on Thursday reported a sharp 40 per cent year-on-year (y-o-y) and 39 per cent quarter-on-quarter
Continue readingBank of Maharashtra (BoM) reported a robust 44 per cent year-on-year (yoy) increase in second quarter (Q2FY25) net profit at
Continue readingThe banking system could face liquidity challenges because credit growth is outpacing deposit growth, cautioned a FICCI-IBA Survey of Banks.
Continue readingWrite-offs in scheduled commercial banks have decreased over the last five years to just over ₹1.70 lakh crore at the
Continue readingProvisions of the lender increased 57 per cent on a YoY basis and declined 29 per cent sequentially in Q1FY25
Continue readingAided by strong operational performance and lower NPA provisioning, Punjab National Bank (PNB) on Saturday reported a 207 per cent
Continue reading2 min read Last Updated : Jul 27 2024 | 4:01 PM IST ICICI Bank on Saturday reported a
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