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BoM records highest growth in deposit mobilization
Out of 12 public sector banks, only BoM and SBI could log a double-digit growth in deposits in Q3 ended December 2023
Economic outlook remains bright in current fiscal as activity...
India’s economic outlook for 2023-24 remains bright as economic activity maintained its momentum in August, according to a finance ministry document.
... tweaks norms on IDF-NBFCs
Infrastructure Debt Fund-NBFCs (IDF-NBFCs) will now be required to have a net owned fund (NOF) of at least Rs300 crore, said the Reserve Bank’s...
Pause in repo rate hike during uncertain times holds a larger picture
Uncertainty in global financial markets and imported inflation pressures will determine the next step
Post-SVB collapse, India should plug macro-economic loopholes
Banks have to focus on depositors by providing positive returns on deposits
Canara Bank eyes 8-10% loan growth; rise in corporate credit in FY23
Aims to increase balance sheet size to more than Rs 20 trn as compared to Rs 18.27 trn at present
PSBs sufficiently capitalised
Govt infused Rs3 lakh cr between 2017-18 and 2021-22: MoS for Finance Bhagwat K Karad
RBI sees Omicron threat to growth
Warns of bad loan spike; However, exerts confidence that banks with higher capital and liquidity buffers will mitigate future shocks
