
Governance gaps in some banks may make banking sector volatile: Shaktikanta Das
While these gaps have been mitigated, it is necessary that boards and the managements do not allow such gaps to creep in, says RBI governor
While these gaps have been mitigated, it is necessary that boards and the managements do not allow such gaps to creep in, says RBI governor
The bank posted a profit of ₹4,117.77 crore in the same period last year. In the December quarter of FY23, the bank’s profit stood at ₹5,583.07 crore.
Addressing the aftermath of financial sector distress could unlock significant growth, says World Bank.
As credit offtake improves due to growing corporate interest and optimism around GDP growth, the banking sector is set to reap the riches.
Index ELSS will provide investors with the dual advantage of earning passive returns from equity as well as availing 80C benefits on investments up to Rs 1,50,000.
Bank lending will be driven by the economic recovery and high nominal GDP growth, which are expected to boost demand for retail and working-capital loans
Asset quality in the retail and micro, small and medium (MSME) segments are most impacted due to the pandemic, Ind-Ra estimates show.
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 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.
Several studies have shown that foreign banks play a positive economic role, especially in emerging markets, by increasing local banks’ efficiency. India is no exception.