“RAM is focus area for our bank,” says PNB ED M Paramasivam

M Paramasivam, Executive Director, Punjab National Bank (PNB) said that the focus area of the bank is strengthening...

Most PSU banks likely to report strong loan growth

Even as corporate loan growth continues to remain subdued, most public sector banks (PSBs) are expected to post...

Shift in retail loans is leading to increase in consumer leverage

The report highlighted that the transformation in lending trends has evolved over several phases in the last two...

Household debts up on back of housing loans, unsecured lending

Amid concerns about India's rising household debts a recent report by Care Edge Ratings highlighted that the...

REs can allow borrowers to switch between fixed, float rates: RBI

Reserve Bank of India on Friday said regulated entities (REs) have the freedom and they must offer all categories of...

Rs 9 lakh crore home loans disbursed in India in 2022: Report

As much as 34 lakh home loans totalling Rs nine lakh crore were disbursed during the year 2022, registering an...

IDFC FIRST Bank FY23 profit after tax highest-ever at Rs 2,437 cr

Mumbai (Maharashtra) [India], May 2 (ANI/BusinessWire India): Executive Summary - The Board of Directors of IDFC...

Credit growth to MSME sector firm in 2022-23: SBI Research report

New Delhi [India], July 31 (ANI): Credit growth to the Ministry of Micro, Small & Medium Enterprises (MSME)...

Debt Recovery Bots from Rezo.ai redefine loan collection

New Delhi [India], March 25 (ANI/NewsVoir): After nearly two years of ups and downs due to COVID-19, the Indian...

Concerns re-emerge on retail loans asset quality due to...

New Delhi [India], Apr 24 (ANI): The rising Covid-19 cases has again raised concerns on asset quality of retail...

PNB Housing Finance, Yes Bank in co-lending partnership

Mumbai (Maharashtra) [India], March 5 (ANI): PNB Housing Finance and Yes Bank said on Friday they have entered...

Central Bank's net loss down to Rs 1,121 crore in FY20

Mumbai (Maharashtra) [India], June 29 (ANI): Government-owned Central Bank of India said on Monday its net loss for...