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Source: Live Mint MUMBAI, Dec 26 (Reuters) – Indian banks’ financial position has stayed robust, marked by the sustained expansion in loans and deposits, while their gross bad loan ratio has dropped to multi-year lows, a central bank report showed on Thursday. Banks’ gross non-performing assets ratio (NPA), or the proportion of bad assets to…
Source: Live Mint Market outlook: The Indian banking sector showcased steady growth in 2024, delivering a year-to-date return of around 8 per cent. However, this performance lagged behind the Nifty 50’s over 11 per cent increase and a stellar 30 per cent surge seen in mid- and small-cap indices. Despite significant FII outflows, Nifty Bank…
Source: Business Standard HDFC Bank on Friday said that the sequential rise in deposits outpaced loan growth. (Photo: Shutterstock) 2 min read Last Updated : Oct 04 2024 | 10:03 AM IST India’s biggest private lender HDFC Bank on Friday said that the sequential rise in deposits outpaced loan growth in the fiscal second…
Source: Business Standard In India, retail sales peak during October-December, when the nation of 1.4 billion celebrates major festivals | Representative Picture 2 min read Last Updated : Sep 24 2024 | 2:17 PM IST Indian banks are set to issue more certificates of deposit to meet year-end loan demand as deposit mobilisation remains…
Source: Business Standard Photo Credit: Ruby Sharma 1 min read Last Updated : Sep 13 2024 | 10:34 PM IST State-run Indian Bank has raised Rs 5,000 crore through the issuance of long-term infrastructure bonds. The bank received a total of 88 bids amounting to Rs 13,680 crore against the total issue size…
Source: Business Standard The proposed rules considered the liquidity profile of all banks and 5 per cent “does not seem over the top,” a third source aware of the matter said | (Photo: Shutterstock) 3 min read Last Updated : Sep 11 2024 | 2:35 PM IST India’s central bank will stick to its…
Source: Business Standard 5 min read Last Updated : Sep 10 2024 | 10:36 AM IST Nomura on Indian banks: Tokyo-headquartered international brokerage firm Nomura has reduced its target prices for some of the private and public lenders ahead of the US Federal Reserve’s policy meeting scheduled for next week. The brokerage…
