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retail loans News

Bank of India Sees 34% Surge in Net Profit Thanks to Retail Loan Boom

Olivia Carter 25 Jan, 2025

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...

Business

HSBC Predicts Robust 12.5% Credit Growth for Indian Banks by 2024-25

Sarah Mitchell 03 Jan, 2025

Indian banks are expected to see a 12.5% credit growth in FY25, despite challenges like tight liquidity and GDP slowdown. Retail loans show positive momentum, with significant grow...