The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The earnings......
Collectively, the pack of 12 has posted a 50 per cent rise in profits -- Rs 25,685 crore.On a quarter-on-quarter basis (that is, September over June), the rise is 68 per cent.Public sector banks......
June was a memorable month for the 101-year-old Tamilnad Mercantile Bank (TMB). Last month, the Thoothukudi-based bank witnessed two new landmarks in a history in which the last three decades could......
With the rise in interest rates, bond yields have been on the rise; this will dent banks' treasury profits.Also, many retail borrowers may find it difficult to service their loans when the loan......
We'll need to wait a couple of years to see how many restructured loans turn bad and whether some banks fall victim to their obsession for growth, explains Tamal Bandyopadhyay. IMAGE: Kindly note......