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Higher credit demand, lower NPAs to boost banking sector; public sector banks' total profit likely to touch Rs 1.50 lakh crore

During the first six months of the current financial year, public sector banks earned about Rs 68,500 crore and the trajectory is likely to continue unchanged in the second half as well. ....

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Indian banking sector: Higher credit demand, lower NPAs to boost banking sector; public sector banks' total profit likely to touch Rs 1.50 lakh cr

India s banking sector is poised for another strong year, with public sector banks expected to achieve a total profit of Rs 1.50 lakh crore. The robust economic growth and stable non-performing assets are contributing to this positive outlook. However, slower deposit growth remains a challenge for banks. The RBI Governor Das has indicated that interest rates will remain high for the next six months. ....

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High credit demand, low NPAs; public sector banks' total profit likely to touch Rs 1.50 lakh crore

New Delhi, Dec 27 (PTI) India's banking sector is all set to witness another good year and the total profit of public sector banks is set to touch Rs 1.50 lakh crore amid higher credit demand driven by a strong economic growth. ....

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Kotak Mahindra Bank partners with IIT Kanpur to set up School of Sustainability

Kotak Mahindra Bank partners with IIT Kanpur to set up School of Sustainability
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SBI expects 2-3 bps NIM moderation after RBI diktat on risk weights

SBI expects 2-3 bps NIM moderation after RBI diktat on risk weights
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