During a virtual press conference after declaring the results, Uco Bank MD & CEO AK...

The post UCO Bank Q2 net soars nearly 7-fold, asset quality improves appeared first on . INDIARIGHTNOWNEWS.COM -

Currently, the bank has RAM-corporate split of 60:40, it may be go up or down...

The post Will focus on retail, corporate sectors for credit growth: Shanti Lal Jain, MD & CEO, Indian Bank appeared first on . INDIARIGHTNOWNEWS.COM -

Indian Overseas Bank (IOB), which recently came out of the prompt corrective action (PCA) by...

The post After 6 years, we are in for fresh start, says Partha Pratim Sengupta, MD & CEO of Indian Overseas Bank| INTERVIEW appeared first on . INDIARIGHTNOWNEWS.COM -

Provisions were down 13% YoY to Rs 1,703 crore. The management attributed the jump in...

The post IndusInd Bank Q2 profit up 72% on higher income, lower provisions appeared first on . INDIARIGHTNOWNEWS.COM -

The regulator has been saying that you should have just one QR code which is...

The post We want to be cautious about entering the credit business: Rishi Gupta, MD & CEO, Fino Payments Bank appeared first on . INDIARIGHTNOWNEWS.COM -

The bank has made required provisioning in advances in specific accounts so as to improve...

The post Indian Overseas Bank net profit spurts 154%; bad assets decline appeared first on . INDIARIGHTNOWNEWS.COM -

The provision coverage is seen at 73.48% as on September 30, 2021, from 70.20% for...

The post CSB Bank net soars 72% on lower provisioning appeared first on . INDIARIGHTNOWNEWS.COM -

Around 13.22 lakh new members joined the ESIC-run social security scheme in August...

The post ESIC scheme adds 1.3 mn new members in August 2021: NSO data appeared first on . INDIARIGHTNOWNEWS.COM -

In May, C S Setty, MD, State Bank of India had observed the bank has...

The post Gold loans turn fastest-growing segment as banks lean on safety appeared first on . INDIARIGHTNOWNEWS.COM -

Gross non-performing assets (NPAs) as a percentage of gross advances are seen at 3.24%, compared...

The post Federal Bank net profit surges 50%, asset quality improves appeared first on . INDIARIGHTNOWNEWS.COM -

It is in this background that the RBI has conceptualised the scale-based regulatory framework. As...

The post Must address systemic risk arising out of growing NBFCs: RBI deputy governor M Rajeshwar Rao appeared first on . INDIARIGHTNOWNEWS.COM -

Everything in the P&L works. Our interest income is Rs 1,479 crore, other income is...

The post We expect gold loans to grow 25-30% for full year: Shyam Srinivasan, MD & CEO, Federal Bank appeared first on . INDIARIGHTNOWNEWS.COM -

Prashant Kumar, MD & CEO, said, “This quarter, we have also seen a growth in...

The post NPA ratio falls: Yes Bank Q2 profit jumps 74% on lower provisions appeared first on . INDIARIGHTNOWNEWS.COM -

In the retail loan segment, housing loans grew by 20.35%, while vehicle loans were up...

The post Bank of Maharashtra Q2 net profit jumps 103% on higher interest income appeared first on . INDIARIGHTNOWNEWS.COM -

Slippages amounted to Rs 1,541 crore, down from Rs 1,577 crore in Q1FY22. Recoveries and...

The post IDBI Bank net profit jumps 75% in Q2 on lower employee costs, higher net interest income appeared first on . INDIARIGHTNOWNEWS.COM -

The surge in offline merchant payments during Q2FY22 has been aided by the opening up...

The post Improved Spends: Driven by storefront QR codes, offline merchant transactions grow appeared first on . INDIARIGHTNOWNEWS.COM -

In the past too, Reserve Bank of India (RBI) officials underlined the rising levels of...

The post Mudra NPAs rise as Covid hits MSMEs appeared first on . INDIARIGHTNOWNEWS.COM -

The finance ministry believes that various sectors of the economy – including exports and the...

The post Meet festive demand, lend liberally, PSBs told appeared first on . INDIARIGHTNOWNEWS.COM -