IOB to sell 92 NPAs worth Rs. 13000 crore, among biggest sales
In one of the largest sale of bad loans, state-owned Indian Overseas Bank has announced the sale of 92 NPA
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Banking News
Home loan outstanding up by Rs. 10 lakh crore in last 2 years
Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach
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Indian Bank posts 55% rise in Q4 net
Indian Bank has shown strong growth in its earnings and profit, with a net profit increase of over 50% for
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UCO Bank lines up Rs. 1,000 crore to modernise its IT systems
Public sector lender Uco Bank plans to spend Rs 1,000 crore in the financial year 2024-25 to boost Information Technology
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Public sector banks dividend payout may exceed Rs. 15,000 crores
Public sector banks are likely to pay a dividend in excess of Rs 15,000 crore for the financial year ending
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Mudra loans topped Rs. 5-lakh-crore mark in FY24
Small business loans under the Pradhan Mantri Mudra Yojana (PMMY) witnessed record growth in disbursals in FY24 and also crossed
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NBFC co-lending AUM nearing Rs. 1lakh crore
Five years after the launch, the co-lending book of non-banking finance companies (NBFCS) is expected to reach Rs 1 lakh
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State Bank’s agents to soon visit branches incognito to monitor customer services
State Bank of India plans to take a leaf out of this history and engage the services of an external
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Small finance banks want to peel off the ‘small’ label
Executives of SFBs requested Reserve Bank of India (RBI) officials to let them drop the ‘small finance’ tag at a
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Central Bank MD M V Rao elected as IBA Chairman
Indian Banks Association (IBA) has elected a new Chairman, M V Rao, Managing Director and CEO, Central Bank of India.
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