What lies under the hood in banks' Q3 business updates
Q3 updates reveal private banks focused on deposits while public sector banks drove loan growth. Slower credit growth and ...
After two muted quarters, earnings woes for banks are likely to continue in Q3. Here are 5 top picks ahead of the results season.
Indian banks are expected to face continued earnings pressure in Q3 due to subdued credit growth, rising funding costs, and ...
BAANKNET, a revamped e-auction portal for properties with public sector banks launched by DFS secretary M Nagaraju
The e-auction portal ‘Baanknet’, launched by DFS Secretary M Nagaraju, consolidates information on e-auction properties from ...
Finmin Asks Banks And Insurance Companies to Expedite Resolution of Public Grievances
A meeting chaired by Financial Services Secretary M Nagaraju was held in which complainants, PSBs, public sector insurance ...
Banks driving rural growth via collateral-free loan support: FM Sitharaman
Finance Minister Nirmala Sitharaman emphasizes PSBs' role in rural empowerment through collateral-free loans and Central ...
Private banks outrun public sector peers in priority lending benchmarks
Private sector banks met their priority sector lending targets for the first time in 2023-24. This includes targets in areas ...
RBI flags high attrition in private banks
High attrition rates in private sector and small finance banks are a significant risk factor, causing operational disruptions ...
Looking For A Cheap Property? Government's New Baanknet Portal Opens Doors To Affordable Homes, Shops, & More
On January 3, 2025, the Indian government launched the Baanknet portal, a new e-auction platform designed to make property ...
Daily Excelsior11d
PSU banks to cross Rs 1.5 lakh cr profit in FY’25, low deposit mobilisation concern
Low NPAs and double-digit credit growth are expected to drive profits of public sector banks past the Rs 1.5 lakh crore ...
A significant milestone awaits public banks in 2024-25; spotlight falls on several key indicators
India's public sector banks are projected to surpass Rs 1.5 lakh crore profits by 2024-25 due to low NPAs and robust credit growth. Asset quality and profitability have improved significantly, though ...