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New Delhi: Having reaped rich dividends from the Reserve Bank in the current financial year, the government will be looking forward to receiving...
It emerges as top performer in loan, deposit growth in percentage terms during Q1 of the current financial year
Scheduled Commercial Banks have recovered an aggregate amount of Rs 2,04,668 crore in written-off loans, including corporate loans
The high-interest regime helped banks to earn a good net interest margin during the quarter and recorded over 3%
New Delhi: Finance minister Nirmala Sitharaman is expected to meet heads of public sector banks (PSBs) on Thursday and review the financial...
Voices concern over current less than 15% recovery rate in PSBs; DFS will soon hold a meeting with banks
They have travelled a long distance since 2017 when they posted a net loss of Rs85,390 cr to a profit of Rs66,539 cr in FY22
Competition will soon emerge for deposits, and loans, which, in turn, would increase the cost of funds and reduce the margins