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India Inc’s credit quality continues to shine in FY23: Slowdown concerns could impact IT, textile sectors, says ICRA
Corporate India’s credit quality has continued to rebound in FY23, sustaining the previous year’s m…
Indian bank deposits better protected than in US: SBI report
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank run…
ANI
India’s gross savings and investments edge higher in FY22 despite inflation, says SBI Research report
India’s gross savings and investments are edging higher despite elevated inflation eating into the …
India’s largest bank is paying out a dividend for the first time in four years
State Bank of India (SBI), India’s largest public sector bank, is finally paying out a dividend for…
Inflation expected to cool down but economists expect another rate hike after January shocker
Economists expect inflation to cool down and drop to 5% by April this year, comfortably below the u…
SBI Card doubles its profit as its customers increase spends by 80% – but FY23 off to a slow start
SBI Card, the second largest credit card issuer in India, reported a 106% year-on-year increase in …
India's largest bank reports a sharp fall in bad loans — enough for the street to ignore the 7% fall in profit
Total income (standalone) also fell marginally to Rs 75,980.65 crore during Q3FY21, as against …
PTI
Govt may not announce capital infusion for PSU banks in Budget 2023-24
The government last provided capital support to banks in 2021-22. It had earmarked Rs 20,000 crore …
PTI
Bank earnings could see a further ramp up in Q3, say analysts
Indian banks are seeing a boost in their earnings in the December quarter as loans are being repric…
Jet Airways case: NCLAT to pass order on Jalan Kalrock Consortium's plea against SBI on May 30
The National Company Law Appellate Tribunal (NCLAT) said it will give a verdict on May 30 regarding…
PTI
Stock picks for 2023: L&T, SBI, Axis Bank among top brokerage picks for the new year
The year 2022 has been an eventful one, with multiple headwinds in the form of rising geopolitical …
SBI received restructuring requests for over ₹6,000 crore in October — expects that to more than double over the next three months
India’s largest lender is the first to reveal its restructuring numbers. At the end of October, it …
SBI’s profit jumps over 50% in Q2 — India’s largest bank plans to outperform the industry when it comes to credit growth
India’s largest bank, the State Bank of India (SBI), has logged a net profit of 51.88% on an annual…
SBI piles on profit and provision with cash from selling stake in insurance business— bad loans drop
India’s largest lender, the State Bank of India (SBI) continues to soar through the green with a 81…
SBI Card profit gets squeezed by bad loans, impairment charge, and a big provision for COVID-19
SBI Cards and Payment Services today posted its Q4 earnings (January-March 2020), revealing a fall …
India Inc.’s rockstars of Q2 and things that investors should look out for, according to analysts
Banking, financial services and insurance (BFSI), automakers, chemicals, aviation, retailing and ch…
SBI Card reported an increase of 14% in its profits, while its active credit cards increased by 20%
SBI Card reported a 14% increase in profit in the quarter ended June, along with a 20% increase in …
Banks to reap rewards of interest rate hikes in Q2 earnings
The Indian banking sector is expected to report strong growth in net interest income, margins and l…
Home loans growing at a faster rate in Tier 3 and 4 districts, thanks to WFH: SBI report
A new report by SBI has revealed that thanks to WFH’s popularity, Indians are increasingly obtainin…
IndiGo reports a net profit of ₹919 crore in Q4, revenue soars 76% YoY
IndiGo operator InterGlobe Aviation reported a net profit of ₹919 crore in Q4. This is the second c…