'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,......
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......
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......
Despite a largely stable December quarter, investors booked profit in shares of IndusInd Bank (IIB) as an increase in slippages took them by surprise. Analysts, on their part, believe investors......
'We are committed to achieving the targets we had outlined.' The Reserve Bank of India's recent decision to increase risk weights on unsecured loans does not necessitate any capital raise by RBL......