By Venkatachari Jagannathan Chennai, Nov 19 : Though public sector banks (PSB) posted good profits during the first half of the current fiscal, they are losing business to the nimble and tech-savvy ...
Read moreChennai, Nov 19 : The rising interest rates will enable Indian banks to continue posting good profits during the remaining part of FY23, according to S&P Global Market Intelligence. In a report ...
Read moreBy Venkatachari Jagannathan Chennai, Nov 19 : The impressive profits posted by public sector banks (PSBs) during Q2FY23 and H1FY23 and indications of good times ahead may not accelerate government d ...
Read moreBy Venkatachari Jagannathan Chennai, Nov 19 : While the government-owned State Bank of India (SBI) and leading private banks have addressed their asset quality challenges, the same cannot be said ab ...
Read moreBy Sanjeev Sharma New Delhi, Nov 19 : Public sector bank stocks have rallied more than 25 per cent post their stellar Q2 financial results with net profit jumping by 50 per cent. Union Bank o ...
Read moreBy Venkatachari Jagannathan Chennai, Nov 19 : Arbitrage between the lending and deposit rates, higher credit demand, and lower loan provisions resulted in public sector banks (PSB) posting handsome ...
Read moreBy Animesh Singh New Delhi, Nov 19 : The profits recorded by public sector banks (PSBs) in the September quarter of the current financial year seem to resemble the box office figures of a Hindi blo ...
Read moreBy Animesh Singh New Delhi, Nov 19 : It looks like sunshine days for the Indian banking sector after having struggled with a seemingly never-ending gloom of rising non-performing assets (NPAs) and ...
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