Banks back with a bang; profit is 2.4x of FY20, but how...
Lower provisioning, higher credit growth, lesser incremental slippages, and reduction in restructured assets led to higher profit for banks
private sector banks
October 2023
May 2022
March 2021
January 2021
December 2020
November 2020
Credit growth crosses ₹10 lakh cr mark in FY22
Public sector banks continue to crowd in credit growth from private banks, says an SBI Research report.
Has Covid-19 made PSBs more vulnerable?
While Indian banks' improved financial metrics do not fully reflect the impact of the Covid-19 pandemic, the under–capitalised PSBs are likely to remain risk averse and lose market share.
The crystal ball: RBI report foresees NPA woes
According to the RBI, the gross NPA ratio of all scheduled commercial banks may increase from 7.5% in September 2020 to 13.5% by September 2021, and even escalate to 14.8% in severe stress scenario.
How Aditya Puri built HDFC Bank from scratch
Aditya Puri helmed HDFC Bank for 26 years. In an exclusive conversation with Fortune India, he spoke about leadership, institution-building, and why he doesn't use a cellphone.
LVB: Grim reminder of governance problems
The RBI has acted swiftly to tackle the Lakshmi Vilas Bank crisis by proposing a merger with DBS Bank India. But a thorough review of banking supervision may be necessary.
Markets overview: Are the blues receding?
Indian equity markets have witnessed upswing post the U.S. and Bihar elections, and improved risk sentiment has invited higher capital flows.
