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RBI lists these 3 as 'important banks' in 2024

State Bank of India, HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks (D-SIBs) by the Reserve Bank of India. Illustration: Uttam Ghosh/Rediff.com The Reserve......

Asset quality risk, a worry for IndusInd

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank’s share price on Friday (October 25). Photograph: Anushree Fadnavis/Reuters......

'MSMEs, mid-corporate will be focus for loan growth'

'As these segments are growing at 25 per cent for the last three years, credit quality has been extremely good.' At a time when most lenders are focusing on growing their retail loan portfolio,......

Lower provisions drive ICICI Bank to report 18.5% growth in Q4

ICICI Bank on Saturday said its March quarter consolidated net profit grew 18.5 per cent to Rs 11,672 crore, helped by lower provisions. Photograph: Shailesh Andrade/Reuters On a standalone......

Improved cost ratios to boost State Bank of India's profitability

India’s largest PSU bank, State Bank of India, delivered excellent results, once the impact of a big jump in employee expenses was adjusted for. Photograph: Sudipta Banerjee/ANI Photo The......

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