RBI Financial Report: Banks’ gross NPAs ratio at 12-year low of 2.8%
Scheduled commercial banks (SCBs) are well capitalised and capable of absorbing macroeconomic shocks even in the absence of any further
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Scheduled commercial banks (SCBs) are well capitalised and capable of absorbing macroeconomic shocks even in the absence of any further
Continue readingState Bank of India (SBI), given the current economic growth rate, is expecting 14-15 per cent loan growth during the
Continue readingSBI Cards and Payment Services (SBI Card), the country’s largest pure-play credit card issuer, on Friday reported an 11 per
Continue readingSuryoday Small Finance Bank reported a robust 41 per cent year-on-year (y-o-y) growth in gross advances and 50 per cent
Continue readingWith improving asset quality, the GNPA (gross non-performing asset) ratio of scheduled commercial banks (SCBs) is projected to improve from
Continue readingAsset reconstruction companies (ARCs) want banks to sell bad loans at an incipient stage as the scope for recovery is
Continue readingThe assets under management of Asset Reconstruction Companies (ARCs) are expected to grow at eight to nine per cent
Continue readingIDBI Bank reported a 60 per cent year-on-year (y-o-y) rise in second quarter standalone net profit at ₹1,323 crore, supported
Continue readingBanks have written off bad loans worth ₹14.56 lakh crore in the last nine financial years starting 2014-15, Parliament was
Continue readingState Bank of India’s first quarter (Q1FY24) standalone net profit soared 178 per cent year-on-year (yoy) in the first quarter
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