Bank credit growth aligns with deposits, indicating no macro-level stress and potential for expansion. The moderation in credit growth is attributed to higher lending rates and inc...
Aptus Value Housing Finance has reported a 22% increase in Q3 profits, reaching Rs 191 crore, with disbursements growing by 21% to Rs 930 crore. The company's assets under manageme...
Yes Bank reports a 164.5% surge in Q3FY25 net profit to Rs 612 crore, driven by strategic improvements in margins, fee income, and cost reductions. The bank also saw significant gr...
Bank of India reports a 34.6% jump in net profit for Q3FY25, driven by a surge in retail loans and improved asset quality. Financials show significant growth in net interest income...
HDFC Bank reports a 2.2% increase in net profit for the quarter ending December 2024, with stable margins and robust asset quality. The bank added 51 branches and 19 lakh new custo...
UCO Bank has reported a 27.1% increase in net profit for Q3 of the 2024-25 financial year, reaching Rs 638.83 crore. Total income grew by 15.5%, and interest income also saw signif...
Indian Overseas Bank (IOB) reports a 21% surge in Q3 FY25 net profit, plans a Rs 2,000 crore QIP, and improves asset quality, showcasing robust financial health and strategic growt...
IDBI Bank's Q3 profits soar by 31% to Rs 1,908 crore, driven by reduced provisioning and higher interest income. Improved asset quality and income highlight the bank's financial tu...
ICRA predicts a growth slowdown for small finance banks to 18-20% in FY2025 due to rising delinquencies and asset quality issues. Efforts to diversify portfolios and focus on secur...
Indian Overseas Bank announces the sale of 46 NPA accounts worth Rs 11,500 crore, aiming to improve asset quality and financial health through strategic recovery measures and signi...
Securitisation volumes have surged by 80% in the December quarter, with ICRA revising its total volume estimates for FY25 to Rs 2.4 lakh crore. Private banks and the NBFC sector's ...
The Reserve Bank of India is expected to cut policy rates by 50 bps in early 2025 to support economic growth, despite potential short-term impacts on banks' earnings and asset qual...
