“India’s growth momentum, by comparison, has held firm. High-frequency indicators spanning industrial output, energy consumption, port traffic, GST collections, and automobile sales recorded stronger...
IOB delivered its best-ever quarterly net profit, sustained strong growth in the retail and agriculture segments, significantly improved asset quality, and maintained a robust...
The decision follows a recent review by the bank’s Asset Liability Management Committee (ALCO), which convened on July 14, said a statement.
The revised MCLR...
Deposits grew 2.5 times faster than loans during the year—a deliberate move aimed at lowering the credit-to-deposit (CD) ratio and reducing reliance on high-cost...
The newly launched scheme offers structured financing for the purchase of residential plots approved by central or state development authorities, statutory bodies, or reputed...
Credit guarantee scheme beneficiaries to triple by 2029: Union Minister
The Micro, Small and Medium Enterprises (MSME) sector continues to play a pivotal role in...
The branch, staffed by five women bankers, is designed to offer a more inclusive and welcoming environment for women customers, said a statement.Spread over...
Fitch's latest analysis highlights that the financial year ending March 2025 (FY25) saw Indian banks reinforce their standalone credit profiles, supported by solid financial...
