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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 In 2024, despite the momentum in financialisation, the Nifty Bank index has underperformed, rising only 7% compared to the Nifty 50’s impressive 15.6% gain. This gap signals investor hesitation, with key banking stocks hovering around critical levels in both the public and private sectors. However, many banks maintain solid fundamentals and have…
Source: Business Standard 4 min read Last Updated : Oct 11 2024 | 10:53 AM IST Bandhan Bank share price surged 9 per cent to Rs 204.90 on the BSE in Friday’s intraday trade after the private sector lender received approval from the Reserve Bank of India (RBI) for the appointment of Partha Pratim Sengupta…
