
HDFC Bank Q4 profit jumps 23% to ₹10,055 cr; asset quality improves
HDFC Bank Q4 results: The lender’s gross bad loan as a percentage of gross advances dropped to 1.17%, while net NPA ratio too fell to 0.32% in March quarter of 2022.
HDFC Bank Q4 results: The lender’s gross bad loan as a percentage of gross advances dropped to 1.17%, while net NPA ratio too fell to 0.32% in March quarter of 2022.
RBI’s governance circular which also limits the tenure of bank CEOs has bank chiefs in a spin. What are the implications of this silent tussle?
As fixed deposit rates are at a historic low, savvy investors could look at other high-return investment alternatives, including the equity markets, says Zerodha’s Nikhil Kamath.
As the Reserve Bank of India has kept key rates unchanged, fixed deposit rates at banks are at a historic low. As a result, banks have lost their power to attract money, says Zerodha’s Nikhil Kamath.
An extract from the forthcoming book ‘Pandemonium: The Great Indian Banking Tragedy’ gives a behind-the-scenes glimpse of how the Modi government’s ambitious bank merger plans unfolded.
The private sector lender saw profit fall nearly 55.8% to Rs 909 crore, but the asset quality picture serves as a redeeming factor.
The bank’s stock touched its highest level since October 3 in intraday trade on Monday on the back of good September quarter results.
Private sector lender attributes the rise to a robust growth in net interest income.
YES Bank MD and CEO Rana Kapoor, who has been asked by the RBI to vacate his post in four months, tweeted on Friday that his shares in the bank are invaluable to him.
Finance Minister, in his first public address after his return to North Block, says bankers must be empowered to take honest decisions without fearing consequences.