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Valuations of PSU banks turning less attractive, says brokerage
The current benign credit environment has supported asset quality for PSU banks and early warning indicators give no reason to worry, Kotak...
Indian Overseas Bank posts Rs 624.34 cr PAT for Q2
Public sector mortgage lender Indian Overseas Bank (IOB) on Friday said it closed the second quarter of FY24 with a 24.75 per cent growth in net...
Indian Bank Q2 PAT at Rs 1,987.76 crore
Public sector mortgage lender Indian Bank on Thursday said it closed the second quarter of FY24 with a higher net profit aided by a drastic reduction...
Canara Bank logs 43% growth in Q2 PAT at Rs 3,606 cr
Public sector mortgage lender Canara Bank on Thursday said it closed the second quarter of FY24 with a 42.81 per cent growth in its net profit.
LIC reports 1299% surge in Q1 profit
Its net profit at Rs 9,543 cr for the quarter ended June 30, 2023 on higher income from investments
NBFCs to report around 14% on-year growth in AUM in FY23: India...
Non-banking finance companies, including housing finance companies, are expected to report around 14 per cent year-on-year growth in assets under...
Banks gross NPA at 5.9 per cent, a 6-year low: CARE Ratings
Even though the gross non-performing assets (GNPA) of scheduled commercial banks in India has hit a six year low of 5.9 per cent in FY22, it can...
Large borrowers' loan accounts and bad loans decline: RBI
The share of large borrowers for scheduled commercial banks (SCB) has declined in the recent times while their share in the gross non-performing...
