HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to Rs 17,657 crore for the October-December quarter, restricted by slower loan growth. Photograph:......
The RBI's increase in risk weights on bank lending to non-banking financial companies and on unsecured loans has pruned credit growth in these segments. Illustration: Uttam Ghosh/Rediff.com Bank......
Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral......
If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu. Illustration: Dominic Xavier/Rediff.com What seemed like a......
HDFC Bank and HDFC Ltd’s combined loan book expanded by 13.1 per cent year-on-year (YoY) to Rs 22.45 trillion at the end of June 30, 2023 (Q1Fy24). Photograph: PTI Photo The merged......