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Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
Oct 30 2024 12:06 IST
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
Sep 27 2024 09:14 IST
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
Oct 30 2024 17:00 IST
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
Jun 27 2024 13:15 IST
RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure
Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…
Nov 17 2023 04:01 IST
Exposure to India's infra sector helps LIC, SBI outshine peers
Global majors, including Warren Buffet-owned Berkshire Hathaway, have been successful due to their …
PTI
Jul 17 2024 11:24 IST
HDFC Bank Q2 profit soars 5% to ₹16,821 crore
Total income increased to Rs 85,500 crore during the quarter under review against Rs 78,406 cro…
PTI
Oct 19 2024 09:37 IST
Union Bank to sell 8 troubled accounts worth Rs 3,000 cr to bad bank NARCL
Union Bank of India on Friday said it has identified eight troubled accounts worth Rs 3,000 crore t…
PTI
Jul 21 2023 14:13 IST
Bandhan Bank Q2 profit jumps over 3-fold to Rs 721 crore
Bandhan Bank on Wednesday reported over three- fold jump in net profit at Rs 721 crore for the seco…
PTI
Oct 18 2023 12:00 IST
PNB clocks 3-fold jump in net profit at ₹2,223 crore for Q3
Punjab National Bank (PNB) on Thursday announced an over three-fold jump in its profit to Rs 2,223 …
Jan 25 2024 11:09 IST