Credit growth of Indian banks are expected to witness a range-bound 12.5 per cent growth in the current financial year 2025, HSBC Global Research said in a report, attaching a rider that slowdown in GDP growth remains a downside risk.
The central agency stated that the arrest was made on Tuesday. The advocate had initially sought a bribe of Rs 2.5 lakh, which was later negotiated down to Rs 1.80 lakh, in exchange for deferring the possession of a mortgaged property under the SARFAESI Act. The accused was caught red-handed
Finance Minister Nirmala Sitharaman said on Tuesday that the Banking Laws (Amendment) Bill will strengthen governance in Indian banking sector besides enhancing consumer's and customer's convenience with respect to nominations and protection of investors.
Mumbai (Maharashtra) [India], November 26: The Professional Risk Managers' International Association (PRMIA) is a well-recognized, non-profit, highly respected, global association dedicated to promoting best practices in Risk Management. As a part of PRMIA strategy to integrate theory with i
Mumbai (Maharashtra) [India], November 5: IDFC FIRST Bank has become the first Indian bank to offer a real-time tracking service, in association with Swift, for money sent abroad. This is available on the bank's award winning Mobile Application and Internet Banking platforms. This marks a si
Mumbai (Maharashtra) [India], October 9: Evonith Steel has successfully completed the refinancing of its Non - Convertible Debentures (NCDs) with a new facility of INR 1,700 Cr (c. US$ 200 Mn). This fundraising has allowed prepayment of all NCDs (NCD A & NCD B) held by Indian Banks along
Indian banks are expected to see improvements in their loan-to-deposit ratios after a large majority of them reported increases in the April-June quarter.
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.
A survey conducted by industry body FICCI and Indian Banks' Association (IBA) suggested that the outlook for non-food industry credit growth over the next six months is optimistic with 62 per cent of the participating banks expecting non-food industry credit growth to be above 12 per cent.
Amid questions on the depleting loan-to-deposit ratio in Indian banks, a recent report by Motilal Oswal, a financial service company suggests that the loan-to-deposit (LD) ratio is likely to subside on its own in the coming months.
Liquidity in the Indian banking system has seen a significant decline this month says a research report by the Union Bank of India. It says the banking liquidity has fallen to Rs 0.95 lakh crore as on 28th August from a peak of Rs 2.86 lakh crore.