Reserve Bank of India data showed the overall bank credit growth declined to 11 per cent in FY25 from 20.11 per cent in FY24
Elevates three Presidents as Dy CEOs
SBI's share closed 0.72 per cent lower at Rs 811.75 per share on the BSE. The board is also considering the results for the fourth quarter ended March 2025 and annual results for FY25 on May 3, 2025
Non-interest income boosts bottom line; margins under pressure
L&T Finance Ltd's total liabilities stood at Rs 92,247 crore in March 2025 as against Rs 86,161 crore in December 2024 and Rs 76,541 crore in March 2024
Margin pressure, micro-finance loan write-offs dent bottom line
Net inflows during April 2023-February 2024 stood at $8.8 billion, according to the Reserve Bank of India (RBI) data
The stock of the company closed six per cent lower at Rs 305.2 per share on BSE
Yes Bank's profitability remains lower vis-a-vis private peers
The State of the Economy report in the April 2025 bulletin noted that Singapore was the largest source of equity inflows with a share of 29.8 per cent, followed by Mauritius and the US
Net interest income grew by a mere 5.7 per cent to Rs 2,276 crore during the quarter
Reaffirms rating for New India, National Insurance
To deploy money to fund SPVs and refinance
Sources also said that NPCI informed banks that it will be sharing a detailed to-do list, outlining specific actions that need to be implemented to strengthen the UPI ecosystem
Tax sops, softer interest rates to support loan offtake
Among the prominent firms that filed intent in February 2025 with the RBI is Tata Steel Ltd, for $750 million, for overseas investment in joint ventures and wholly owned subsidiaries
Sharad Gangal, chairman, TJSB Sahakari Bank, told Business Standard that the bank will continue to look for inorganic growth opportunities
Elevated credit-deposit ratio, LCR norms may weigh on banks' decision
Singapore top FDI destination in Jan-Mar 2025
Improvement in delinquencies expected from the second half of FY26, says India Ratings report