You Searched For "public sector bank balance sheets" and got 20 results
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1 min read
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
2 mins read
UPI Lite wallet limit and transaction limits for feature phone users increased
The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…
1 min read
LIC increases stake in Bank of Maharashtra from 4.05 percent to 7.1 percent through QIP
Life Insurance Corporation of India (LIC) has increased its stake in Bank of Maharashtra, the compa…
ANI
2 mins read
SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman
SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.
PTI
4 mins read
How US banks can wiggle out of the $650 billion balance-sheet bomb hanging over them
"If interest rates have peaked as markets are currently implying, banks could be seeing a reduction…
Matthew Fox
2 mins read
Indian companies are looking to international markets for growth, says CRISIL
In recent years, Indian corporations have significantly ramped up their international operations. A…
2 mins read
FM announces credit guarantee scheme, other measures for MSMEs
The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …
PTI
3 mins read
Banks write off loans worth ₹9.90 lakh crore in last 5 financial years
"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…
PTI
1 min read
CHART OF THE DAY: US bank stocks hit all-time low relative to the S&P 500 as bond crash weakens balance sheets
US banks are sitting on $650 billion of unrealized losses stemming from bond securities they purcha…
Matthew Fox
3 mins read
Public sector bank profits grew 3x in 9 years says Sitharaman
According to Finance Minister Nirmala Sitharaman, the profit of public sector banks (PSBs) in India…
PTI
2 mins read
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
3 mins read
Measures taken by IIFCL to keep bad loans under check: Parliamentary panel
The company has put in place a Board approved Management Policy which lays out the Directives…
PTI
2 mins read
Finance minister asks for greater push and investment in the manufacturing sector at the CII Annual Summit
Finance Minister Nirmala Sitharaman asked for a greater push to manufacturing sector. Speaking at t…
ANI
4 mins read
Betting on banking and healthcare sectors for steady growth, says Chintan Haria of ICICI Prudential
The investment climate has toughened in the last few weeks, with Israel-Hamas conflict adding to to…
2 mins read
Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil
The overall industry size is pegged at USD 250 billion and it creates over 50 lakh direct jobs.…
PTI
2 mins read
Big banks' balance sheets will swell after the recent turmoil – and that could be bad news for Americans, ex-Barclays boss says
Former Barclays CEO Bob Diamond expects upcoming big bank earnings to provide their shareholders wi…
George Glover
2 mins read
Pain is coming for 2 sectors as high rates cut off the 'lifeblood' of easy leverage, billionaire Oaktree founder Howard Marks says
Tighter lending conditions means pain is coming for real estate and private equity, Howard Marks sa…
Jennifer Sor
6 mins read
PSB stocks on 52-week high riding on record profits, double-digit loan growth
Union Bank of India stock price is up by 60.8 per cent over the last month among the PSU bank st…
2 mins read
The Fed's balance sheet reductions have hit $1 trillion — but market enthusiasm for bonds has held off turmoil
Fears that the Fed's quantitative tightening program would drain bank liquidity have not panned out…
Filip De Mott
1 min read
Axis Bank posts net profit of ₹7,129 cr in March quarter
Total income rose to Rs 35,990 crore in the March quarter of 2023-24 fiscal, from Rs 28,758 cro…