Thu, Jun 20, 2024
The primary drivers behind this surge include a substantial rise in personal loans and increased lending to Non-Banking Financial Companies (NBFCs), alongside the impacts of recent mergers. The report says this reflects strong consumer demand and robust lending activities.
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Mon, Jun 17, 2024
The report indicates that public sector banks hold over 63 per cent of the total ATMs in the country, whereas private banks manage only 35 per cent.
Tue, May 14, 2024
Public sector banks' Q4 Results: Public sector banks' cumulative profit crossed Rs 1.4 lakh crore in the financial year ended March 2024, recording a growth of 35 per cent over the previous year on a high base of Rs 1 lakh crore.
Sun, Aug 21, 2016
A venomous snake called bad loans has been haunting Indian banks, especially the public sector lenders for a few years now.
Tue, Aug 09, 2016
Government today said the top 100 borrowers of public sector banks owe nearly Rs 14 lakh crore to them.
Thu, Jul 21, 2016
The All India Bank Employees’ Association has released a list of wilful defaulters.
Wed, Jul 20, 2016
India’s bad debt is concentrated in four sectors - iron and steel, construction and infrastructure, power and textile which hold 55% of the total Rs 11.8 trillion debt, a report by India Ratings agency stated.
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