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‘NPAs can decline due to cleaning up of balance sheet, ...
There are two reasons for corporate growth. One is how the working capital cycle has changed. Last year, due to reduced activity l...
Muthoot Finance Q4 net rises 22% to Rs 1,024 cr
Gold loans under management reported a quarter-on-quarter growth of 5% during Q4, while other loans declined by almost 9%.
NPAs may remain within projections: RBI Governor Shakti...
“I think the figures (NPAs) are quite manageable, but I would not say anything beyond that because our teams are assessing the num...
RBI announces second round of G-SAP to keep yields in c...
The first two auctions conducted by the RBI under the first G-SAP programme helped keep interest rates benign for 91-day T Bills, ...
‘RBI’s Rs 16,000 crore special liquidity facility to Si...
"Further, it will help the MFIs provide financing support to their customers and resume normalised disbursements once the lockdown...
Digital banking: Guess who could laugh all the way to t...
Digital banking has reached such levels of disruption that the disrupted are unaware of disruptors racing ahead.
RBI incentivises lenders to create Covid loan book for ...
“In order to mitigate the adverse impact of the second wave of the pandemic on certain contact-intensive sectors, a separate liqui...
PNB expects to triple FY22 net profit, identifies Rs 8,...
PNB on Friday reported a net profit of Rs 586 crore for the quarter ended March 31, 2020, on the back of higher net interest incom...
UCO Bank again urges Reserve Bank of India to consider ...
The RBI had initiated PCA for the Kolkata-based lender in May 2017 in view of high non-performing assets and negative return on as...
Union Bank of India reports Rs 1,330-crore net as asset...
The non-interest income grew 50% quarter-on-quarter (q-o-q) and 23% y-o-y to Rs 4,551 crore, mainly on account of recovery in the ...
India’s bank privatisation may be delayed: Fitch
The plan, announced in the Budget in February, is part of the government's broader divestment goals for FY22, and includes privati...
First phase: Rs 89k-crore loans to be moved to NARCL
The chairman of Indian Banks’ Association (IBA), Rajkiran Rai G, said banks have identified accounts which can go to the ARC in th...