Profitability of Indian banks is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term, according to Fitch Ratings.
Mumbai (Maharashtra) [India], March 22: Bharat Co-operative Bank (Mumbai) Ltd., hosted a unique business gathering called the "Bharat Business Meet" on 28th February 2024 specially crafted for entrepreneurs and visionaries in the business world.
Financial institutions are prime targets as they safeguard client wealth, facilitate transactions through payment networks and manage vast amounts of personal information.
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed.
Bengaluru (Karnataka) [India], March 19: In a significant development for the education finance landscape in India, Varthana Finance, a leading Non-Banking Finance Company (NBFC) that provides loans to affordable private schools and students to pursue higher education, today announced the su
New Delhi [India], March 19: Today, as financial organisations in India, especially banks, have started integrating modern technology into their products and services, it has enabled them to provide seamless customer services. For customers, it has become easier than ever before to access
Mumbai (Maharashtra) [India], March 19: India's banking & financial services space is complicated for a common man to understand and make decisions. Several factors contribute to this complexity, including the diversity of financial products, dynamic regulatory changes, and the technical
Mumbai (Maharashtra) [India], March 18: PT Bank Maybank Indonesia Tbk, (Maybank Indonesia or Bank) a subsidiary of a Malaysian-based banking group with a presence in 18 countries, Malayan Banking Berhad (Maybank) injects capital amounting to USD 10 Million into the Bank's branch operation in
New Delhi [India], March 14: IIFL Finance Ltd., a leading non-banking financial company, today announced significant enhancements to its Board of Directors and senior management team.
Nirmala Sitharaman Office posted on X, "Smt @nsitharaman today interacted with a diverse array of stakeholders from various sectors to deliberate and identify actionable ideas to attain Hon'ble Prime Minister Shri @narendramodi's vision of #ViksitBharat by 2047. The participants during the i
Mumbai (Maharashtra) [India], March 12: L&T Finance Holdings Ltd. (LTFH), a leading retail financier, is thrilled to announce the recipients of the prestigious 'Star Awards 2024', recognising outstanding contributions from LTFH employees during the previous year.