Rise in NPAs, shrinking margins hit private banks earnings growth in Q3
Private banks reported muted earnings growth in Q3FY25 due to rising bad loans and contracting margins, with ICICI Bank and
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Private banks reported muted earnings growth in Q3FY25 due to rising bad loans and contracting margins, with ICICI Bank and
Continue readingIndian banks’ Q3FY25 earnings are likely to remain muted, primarily on account of slower business growth, static margins and asset
Continue readingPrivate sector lender IndusInd Bank has put on block over 10 lakh microfinance loans with principal outstanding of ₹1,573 crore,
Continue readingIndia is a country of infinite opportunity and limitless market, said Nimesh Shah, CEO, ICICI Prudential Asset Management Company when
Continue readingBond issuance by banks is expected to reach an all-time high of ₹1.2-1.3 lakh crore in FY2025, surpassing the previous
Continue readingThe interest income of Utkarsh Small Finance Bank rose to Rs 966 crore as against Rs 720 crore in the
Continue readingThe Finance Ministry on Tuesday asked private banks to give more thrust on serving the marginalised sections of the society and
Continue readingState-owned Punjab & Sind Bank on Friday, posted a 70 per cent decline in net profit to ₹139 crore for
Continue readingTarget: ₹39 CMP: ₹28.08 Muted NII and lower Treasury income led to the decline in South Indian Bank’s Q4 operating
Continue readingPrivate sector lender IDBI Bank on Saturday reported a 44 per cent jump in net profit at ₹1,628 crore in
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