SBI, Bank of Baroda not in top list of these MSME loans in FY23

SBI, Bank of Baroda not in top list of these MSME loans in FY23

State Bank of India (SBI) and Bank of Baroda, the top two public sector banks, do not figure in the ..

Banks write-off Rs 2.09 lakh crore of bad loans in FY23

Banks write-off Rs 2.09 lakh crore of bad loans in FY23

Banks in India wrote off bad loans worth over Rs 2.09 lakh crore during the fiscal year ended March ..

Canara Bank top lender to public sector companies in FY23

Canara Bank top lender to public sector companies in FY23

Even as public sector banks lent Rs 4.12 trillion to government-backed entities in FY23, Canara Bank..

HDFC Bank CEO takes pay pack of Rs 10.55 cr in FY23

HDFC Bank CEO takes pay pack of Rs 10.55 cr in FY23

Jagdishan HDFC Bank managing director and CEO Sashidhar Jagdishan took home Rs 10.55 crore as remune..

Net profit of state-run banks tripled to Rs 1.04 lakh crore in FY23

Net profit of state-run banks tripled to Rs 1.04 lakh crore in FY23

The profit of public sector banks (PSBs) in the last nine years has tripled to Rs 1.04 lakh crore du..

DICGC settles deposit claims worth Rs 752 crore in FY23

DICGC settles deposit claims worth Rs 752 crore in FY23

After bloating in FY22, the claims settled by Deposit Insurance and Credit Guarantee Corporation (DI..

Public sector banks’ total profit crosses Rs 1 lakh crore-mark in FY23

Public sector banks’ total profit crosses Rs 1 lakh crore-mark in FY23

The cumulative profit of public sector banks (PSBs) has crossed the Rs 1 lakh crore-mark in the fina..

RBI pays Rs 87,416 cr dividend to Centre for FY23

RBI pays Rs 87,416 cr dividend to Centre for FY23

The Reserve Bank of India’s (RBI) board on Friday approved the sum of Rs 87,416 crore as dividend to..

ESAF Bank net profit jumps over four-fold to Rs 302 crore in FY23

ESAF Bank net profit jumps over four-fold to Rs 302 crore in FY23

ESAF Small Finance Bank has reported an over four-fold jump in net profit to Rs 302.33 crore for the..

Indian banks’ market cap falls in Q4 of FY23 on Adani exposure concerns: S&P

Indian banks’ market cap falls in Q4 of FY23 on Adani exposure concerns: S&P

Indian banks which had exposure to the embattled Adani Group posted worst declines in their market c..

Dhanlaxmi Bank posts strong credit growth in FY23

Dhanlaxmi Bank posts strong credit growth in FY23

Kerala-headquartered Dhanlaxmi Bank has reported a strong business year with credit growing by 16.85..

ARCs expected to grow 10% in FY23: Crisil report

ARCs expected to grow 10% in FY23: Crisil report

Assets under management (AUM) of asset reconstruction companies (ARCs) is expected to grow almost 10..

Bank bond issuances hit record high in FY23: Icra

Bank bond issuances hit record high in FY23: Icra

Indian banks are aggressively raising funds through bonds to fund credit growth in an environment wh..

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Bank credit growth is expected to touch a new high, surpassing the Rs 19 trillion in the current fis..

Strong loan growth in FY23 despite higher interest rates: Fitch

Strong loan growth in FY23 despite higher interest rates: Fitch

Despite higher interest rates, bank credit in India will see strong growth in the current financial ..