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

Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…

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PNB clocks 3-fold jump in net profit at ₹2,223 crore for Q3

Punjab National Bank (PNB) on Thursday announced an over three-fold jump in its profit to Rs 2,223 …

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Indian Bank Q3 profit surges 52% to ₹2,119 crore

The public sector Indian Bank on Wednesday reported a 52 per cent jump in net profit at Rs 2,119 c…

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IOB Q3 profit jumps 30% to ₹723 cr on improvement in core income

State-owned Indian Overseas Bank (IOB) on Wednesday reported 30 per cent rise in net profit at Rs …

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Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings

The gross non-performing assets (GNPA) of the Indian banking system are set to improve further to …

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Bank of Maharashtra tops list of public sector lenders in loan growth, asset quality

The Bank of Maharashtra (BoM) has emerged as the top performer among state-owned lenders in terms o…

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Canara Bank Q3 profit surges 92% to ₹2,882 crore

Canara Bank on Monday reported 92 per cent jump in profit at ₹2,882 crore for the quarter that ende…

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Bank of Maharashtra Q3 profit more than doubles to ₹775 crore

State-run Bank of Maharashtra (BoM) on Monday reported a two-fold jump in its standalone profit aft…

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South Indian Bank profit rises 75% to Rs 202 crore in Q1

South Indian Bank on Thursday reported a 75 per cent increase in net profit at Rs 202 crore in the …

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Indian bank stocks drag Nifty, Sensex for the second straight day after RBI policy

While the Reserve Bank of India’s (RBI) monetary policy committee (MPC) kept base rates unchanged t…

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Indian banking will maintain its growth momentum: South Indian Bank MD & CEO

Growth in credit, mergers and acquisitions, digital initiatives by the Reserve Bank of India (RBI),…

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Indian banks’ dream run could soon be over as deposit rates start catching up to lending rates

The dream run of Indian banks could soon be over as rates on fresh deposits are starting to catch u…

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Indian banks to issue bonds to maintain capital levels: CARE Ratings

With credit off-take increasing, Indian banks are expected to issue bonds to maintain their capital…

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PSU bank stocks on a high with room to play

Indian public sector bank stocks have been rallying for the last three sessions – even as the broad…

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India's pile of bad loans could be at least 1.5 times bigger in the next 9 months

The moratorium on paying back loans, which was brought into effect in March, has kept a cloak on…

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SBI, ICICI Bank, Axis, Kotak and others have plans to raise $14 billion — but if things go haywire, they could need three times more

Banks in India have raised around ₹52 crore ($7 billion) in funds so far and have plans to raise …

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Crunching Numbers: 12 PSBs end Sept quarter notching up ₹25K+ cr net profit

On September 7, Finance Minister Nirmala Sitharaman had lauded all the 12 PSBs for their outst…

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IDFC to merge with its banking arm in all-stock deal

IDFC First Bank has announced the merger of its parent company, IDFC Ltd, in an all-stock transacti…

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Public sector bank profits grew 3x in 9 years says Sitharaman

According to Finance Minister Nirmala Sitharaman, the profit of public sector banks (PSBs) in India…

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After a volatile week expect markets to remain rangebound says Arun Kejriwal

India is now the world's fifth largest economy. It squeezed out the United Kingdom. GST coll…