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While private banks’ domestic loan growth was faster than their public-sector peers, PSU lenders drove the asset quality improvement with a declining slippage ratio
Repo Rate definition - What is meant by the term Repo Rate ? meaning of IPO, Definition of Repo Rate on The Economic Times.
The Nifty auto index saw 14 advances with just one decline in Balkrishna Industries. The top gainer was Bharat Forge which was up 2%. Meanwhile, 7 stocks were up in the Nifty Realty index with 2 declines and 1 stock trading on a flat note.
There is an interest among lenders to include credit for electric vehicles under priority sector lending in a bid to increase credit flow to the sector
Move negative for public sector banks which are heavily dependent on treasury gains.