The banking system in the country has recorded a robust expansion over the last two decades, with total deposits and advances rising sharply, highlighting the growing scale and depth of financial intermediation in the country, according to a report by the State Bank of India (SBI).
This outlook comes amidst a backdrop of sustained momentum in credit growth, particularly across agriculture, MSME, and services sectors, as revealed by the latest credit growth numbers.
Bengaluru (Karnataka) [India], May 13 (ANI/NewsVoir): Ujjivan Small Finance Bank Ltd. (BSE: 542904; NSE: UJJIVANSFB), today announced its financial performance for the quarter and year ended March 31, 2022.
Singapore, February 24 (ANI): An improvement in India's macroeconomic conditions is likely to alleviate stress for the country's banking sector, S&P Global Ratings said on Wednesday.