Credit Of Scheduled Commercial Banks

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Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

Centre's guidelines for assistance to terror victi

The Union government has formulated detailed guidelines for implementing its scheme for providing assistance to victims of terrorist and communal violence. The guidelines have been sent to the......

Net profit of listed commercial banks seen growing 44% in Q1 FY24

Benefiting from higher credit off-take and loan repricing, listed commercial banks are expected to post 43.9 per cent year-on-year (YoY) growth in their net profit in the quarter ended June 30......

Gross NPAs of banks decline to 12-yr low of 2.6%: RBI report

The Reserve Bank on Monday said asset quality of banks improved further and their gross non-performing assets (GNPA) or bad loans ratio declined to a 12-year low of 2.6 per cent in September 2024......

Banks post sixth year of profit growth in FY24, bad loans decline further

Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India’s (RBI’s)......

Centre doubles Mudra loan ceiling to Rs 20 lakh under new category

The government on Friday doubled the limit of Mudra loan amount under the Pradhan Mantri Mudra Yojana (PMMY) to Rs 20 lakh from Rs 10 lakh under a new ‘Tarun Plus’ category to promote......

Banks' gross NPAs at 12-yr low, may fall further to 2.5%

The bad assets or gross NPAs of commercial banks fell to a 12-year low of 2.8 per cent in March 2024 and may go down further to 2.5 per cent by the end of the current fiscal, said the RBI's......

Rediff News

Credit Of Scheduled Commercial Banks

News for Credit Of Scheduled Commercial Banks

Rediff's Wave Rider Retires!

Centre's guidelines for assistance to terror victi

Net profit of listed commercial banks seen growing 44% in Q1 FY24

Gross NPAs of banks decline to 12-yr low of 2.6%: RBI report

Banks post sixth year of profit growth in FY24, bad loans decline further

Centre doubles Mudra loan ceiling to Rs 20 lakh under new category

Banks' gross NPAs at 12-yr low, may fall further to 2.5%

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