Search For "commercial banks"
NBFCs outpaces Banks in credit growth in FY25: BCG Report
Updated : 9 months ago IST
Non-Banking Financial Companies (NBFCs) have significantly outpaced commercial banks in credit growth during Fiscal Year 2025, according to a report by Boston Consulting Group (BCG).
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SCBs see a sharp drop in NPA ratio, falling to 2.67% in June 2024 from 11.
Updated : 1 year, 3 months ago IST
The gross nonperforming assets (NPA) ratio for scheduled commercial banks (SCBs) witnessed a significant reduction to 2.67 percent in June 2024 from 11.18 percent in March 2018, the Finance Ministry stated on Saturday.
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Lok Sabha passes Banking Laws Amendment Bill; Sitharaman says public secto
Updated : 1 year, 3 months ago IST
Noting that all public sector banks are turning profitable, Finance Minister Nirmala Sitharaman said on Tuesday that banks are being professionally run under the Modi government and the total branches of all scheduled commercial banks have increased by 3,792 in a year to reach 1,65,501 in
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Substantial drop in credit growth (YoY) across sectors as momentum turned
Updated : 1 year, 3 months ago IST
The credit growth across all sectors is declining as the momentum has turned negative, according to a report by State Bank of India.
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Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of Ju
Updated : 1 year, 5 months ago IST
The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent year-on-year (y-o-y) to Rs 4.57 lakh crore as of Q1FY25, compared to Rs 5.66 lakh crore in the same period last year.
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Deposit growth in India expected to slow to 11.2 pc YoY in 2025: Report
Updated : 1 year, 6 months ago IST
The deposit growth in the country will decelerate to 11.2 per cent YoY in fiscal year 2025, as banks face slower mobilisation of new deposits, highlights a report by B&K Securities.
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Credit growth in banks continues to outpace deposits: SBI report
Updated : 1 year, 7 months ago IST
A research report by the State Bank of India (SBI) highlights the continuous upward trend in credit growth in Indian banks, which is outpacing the growth of deposits.
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RBI says India's banking sector is sound and resilient, Gross NPA is below
Updated : 1 year, 9 months ago IST
India's banking system is robust and the gross NPA (Non-Performing Assets) of the schedule commercial banks and NBFCs are below 3 per cent highlighted RBI (Reserve Bank of India) Governor Shaktikanta Das during the Monetary policy announcement on Friday.
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IDFC FIRST Bank a Class Apart
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], May 23: A pathbreaking new research benchmarks reasonableness of service charges levied by banks across India. The study, authored by Dr Ashish Das, Professor, Department of Mathematics, from the Indian Institute of Technology- Bombay (IIT-B), was commissioned b
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RBI issues master directions for entities operating on electronic trading
Updated : 1 year, 10 months ago IST
According to the guidelines, these directions will not apply to electronic systems operated by scheduled commercial banks and standalone primary dealers for transactions in eligible instruments, where the bank or primary dealer operating the electronic system is the sole quote.
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Pakistan government borrows record PKR 5.5 trillion from banks, PKR 650 bn
Updated : 1 year, 10 months ago IST
The State Bank of Pakistan (SBP) data showed that the government's borrowing from commercial banks reached a record PKR 5.5 trillion from July 1, 2023 to April 5, 2024. This is against PKR 2.95 billion in the same period last fiscal year.
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Pakistan International Airlines privatization plan fails due to its financ
Updated : 2 years, 2 months ago IST
Sources suggest that PIA cannot afford to pay more than PKR 8 billion in interest on the PKR 260 billion loan. The commercial banks involved in lending to PIA include the National Bank and Bank of Punjab, along with eight other commercial banks.
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