State-owned banks line up record net profit of Rs 1.29 lakh cr in nine months of FY25

State-owned banks line up record net profit of Rs 1.29 lakh cr in nine months of FY25

Public sector banks (PSBs) are lining up record profits, their bad loans are declining and they are ..

PNB Q3 net soars 103%, eyes Rs 17,000 cr bad loan recovery in FY25

PNB Q3 net soars 103%, eyes Rs 17,000 cr bad loan recovery in FY25

Punjab National Bank’s quarter profit continued to soar and the lender is looking to recover bad loa..

GDP to grow at 6.6% in FY25 amid economic pickup in 2nd half: RBI

GDP to grow at 6.6% in FY25 amid economic pickup in 2nd half: RBI

The Indian economy is exhibiting resilience and stability and the gross domestic product (GDP) is pr..

Banking fraud cases jump 27% in H1FY25: RBI

Banking fraud cases jump 27% in H1FY25: RBI

Banking fraud cases in India rose 27% to 18,461 in the first half of the current fiscal while the am..

PSU banks’ loan write off at Rs 42,000 cr in H1 FY25

PSU banks’ loan write off at Rs 42,000 cr in H1 FY25

The loan write-off of public sector banks stood at Rs 42,035 crore in the first six months of the cu..

PNB HF eyes Rs 5,000 cr loan book in affordable segment by FY25

PNB HF eyes Rs 5,000 cr loan book in affordable segment by FY25

PNB Housing Finance has set its sight on the affordable home segment and plans to expand its loan bo..

SBI to add 500 branches in FY25: MoS Finance

SBI to add 500 branches in FY25: MoS Finance

The State Bank of India (SBI) is planning to open 500 new branches across India during the current f..

Public sector banks post strong growth in first half of FY25

Public sector banks post strong growth in first half of FY25

The finance ministry on Tuesday said public sector banks (PSBs) have put up a strong performance in ..

RBI keeps repo rate unchanged, retains GDP and inflation forecast for FY25

RBI keeps repo rate unchanged, retains GDP and inflation forecast for FY25

The Reserve Bank of India (RBI) has kept the repo rate unchanged for the ninth consecutive time whil..

Indian Bank aims to recover Rs 7,000 cr of bad loans in FY25, raise Rs 5,000 cr

Indian Bank aims to recover Rs 7,000 cr of bad loans in FY25, raise Rs 5,000 cr

Chennai-headquartered Indian Bank plans to recover about Rs 7,000 crore of bad loans in the current ..

SBI to raise up to $3 bn via debt in FY25

SBI to raise up to $3 bn via debt in FY25

State Bank of India, the country's largest lender, said on Tuesday that its board has approved raisi..

Ujjivan SFB to fix timelines for universal bank transition in FY25

Ujjivan SFB to fix timelines for universal bank transition in FY25

RBI has recently issued conditions for voluntary transition of small finance banks (SFBs) to a unive..

Indian Bank CEO speaks on growth targets in FY25

Indian Bank CEO speaks on growth targets in FY25

Indian Bank managing director and CEO Shanti Lal Jain has set stiff targets on recovery, loan growth..

Deposit challenges to moderate bank credit growth in FY25

Deposit challenges to moderate bank credit growth in FY25

Bank credit and deposits cannot keep running at very different levels for a long period of time and ..

Credit growth to moderate to 14% in FY25 if deposits lag: S&P

Credit growth to moderate to 14% in FY25 if deposits lag: S&P

Bank credit growth in India is expected to moderate to 14% in fiscal 2025 from the existing 16% if t..