IDBI Bank’s gross NPAs rose to Rs 55,588 crore in March 2018 from Rs 44,753 crore a year earlier.
The takeover of Bhushan Steel by Tata Steel has recently added sheen to the shares of state-run lenders
We are targeting the lower middle class which are underserved, says Ujjivan CEO
This acquisition will give Deutsche access to a unique application programming interface (API) which allows seamless connectivity of clients to the bank.
ICICI and Axis have taken steps to de-risk their loan books.
There are about Rs 6.70 lakh crore of Rs 2,000 notes in circulation and the Reserve Bank of India has stopped fresh printing of them
The sharp rise in smartphone penetration has also supported the increase in digital transactions and so has the use of e-commerce websites.
Oil strategists from BofA have raised their Brent crude forecasts to $71.8 per barrel in FY19.
The profit was lower than a Bloomberg poll of 14 brokers who had expected the bottom-line to rise 12 per cent to Rs 287 crore.
Bankers say allowing MTM exemption this quarter will be a big relief for banks.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon