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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......

Street disappointed with SBI Card's Q4 performance

SBI  Cards & Payment Services reported mixed results for the January-March quarter (Q4) of FY24. Kindly note the image has only been published for representational purposes. Photograph: Kind......

Credit growth, quality assets likely to spur bank profits in Q4 FY24

With high credit growth and healthy asset quality, listed commercial banks are expected to report steady growth in earnings during the fourth quarter ended March 2024 (Q4 FY24). Illustration:......

Why RBI Was Worried About Consumer Credit Growth

The banking regulator was uncomfortable with the runaway pace at which consumer credit was growing. Illustration: Dominic Xavier/Rediff.com Tucked away in the 'Report on Trend and Progress of......

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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