China's banking regulator allowed major state-owned banks to issue TLAC bonds in 2022 to enhance stability in the financial system
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Analysts estimate that the net interest income is likely to increase by 26 per cent year-on-year to Rs 9,344 crore, driven by stable asset quality and robust growth in assets under management (AUM)
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Though the HDFC Bank stock may be trading at decadal low valuations of about 2.1 times the book value, investors including LIC may be cautious in jumping to buy it, the sources said
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The data compiled by a media house also revealed collections of Rs 99,704 crore in 2021 and Rs 53,703 crore in 2020
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Despite great strides in the expansion of UPI and Adhaar enabled payment services (AePS), many Indians continue to be excluded from formal credit channels
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NBFCs that are providing microfinance to micro, small and medium enterprises (MSMEs), are ‘lenders of last resort’ for many MSMEs
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This article is written by Parag Paranjpe,Director,Think Finserv
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There was an 8.87 per cent quarter-on-quarter decline in profit before tax, reaching Rs 737.59 crore in the December quarter
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