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.
Reacting to West Bengal Minister Akhil Giri's resignation on Sunday over threatening a woman forest ranger, CPI (M) Rajya Sabha MP Bikash Ranjan Bhattacharya said that Akhil Giri should have been sacked instead of giving him credit for his resignation.
The operating profit for the quarter saw a more significant rise, increasing by 4.55 per cent YoY to Rs 26,449 crores. The bank's Return on Assets (ROA) and Return on Equity (ROE) stood at 1.10 per cent and 20.98 per cent respectively, underscoring the bank's efficient management and profita
The credit offtake continue to grow at the rate of 13.9 year-on-year to reach Rs. 168.1 lakh crore for the fortnight ending July 12, 2024, however, the pace of growth was slow, a Care Edge report said.
Mumbai (Maharashtra) [India], August 2: HDFC securities, the leading stock broking company, and a wholly owned subsidiary of HDFC Bank, announced a strategic tie-up with Vested Finance, a popular US-based investment platform for democratising global investing for Indians and NRIs. Global Inv
Mumbai (Maharashtra) [India], August 2: Piramal Finance is offering free credit reports to all consumers. This initiative aims to empower individuals with easy access to credit scores and detailed reports, facilitating better financial decisions and enhanced credit management.
New Delhi [India], August 1: Nowadays, it is very necessary to be able to have access to fast and reliable financial aid as it could make a big difference. Quick solution is offered by PayMe loans for those who need immediate cash but we should borrow responsibly in order not to mess our fin
Hyderabad (Telangana) [India], August 1: Way2News, a leading hyperlocal news platform, has released the findings of its recent survey titled "How South India Invests". The survey, which gathered data from over 65,000 respondents across 5 states--Andhra Pradesh, Telangana, Tamil Nadu, Karnata
The credit growth in June 2024 dropped sharply to 17.4 per cent lower than 20.8 per cent in the previous month, however over the last twelve months, credit offtake expanded by Rs. 20.4 lakh crore while deposits expanded by Rs 23.9 lakh crore, a report by Anandrathi observed.
Indian mining company Vedanta Limited has announced that it has received approval from 75 per cent of its secured creditors to proceed with its demerger scheme.
Pune (Maharashtra) [India], July 29: Asian Granito India Limited (AGL), a leading brand in luxury surface products such as Tiles, Marbles, Quartz, and Bathware solutions has proudly presented its premium offerings at the 46th edition of the iDAC Intelligence Series on July 26 at the Sheraton
New Delhi [India], July 29: Durable metal credit cards are the new fashion symbol for today's discerning and design-conscious customers. AU Small Finance Bank (AU SFB) taps into this trend with a range of premium metal RuPay credit cards, combining the sleek sophistication of a contemporary