The bank experienced a 13 per cent rise in deposits, reaching Rs 3.68 lakh crore by the end of the quarter, up from Rs 3.25 lakh crore the previous year
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Banks collectively wrote off more than Rs 1.01 trillion due to fraud since the financial year 2015-2016, averaging around Rs 13,000 crore annually, according to the reported fraud dates
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The emphasis is on harmonious collaboration among fintech, traditional banks, regulators and self-regulatory organisations (SROs)
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SBI disclosed in a regulatory filing that it successfully concluded the issuance, comprising USD 750 million and an additional USD 250 million through a Green Shoe, in the form of a Syndicated Social Loan
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Amidst the current high-interest rate environment, the bank is striving to make retail loans more affordable to bring positivity to its customer base, as highlighted in the statement
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Since equity indices are hovering near the highs, in this scenario, a lot of new investors are eager to join the market and take part in the frenzy, writes S Venkatesan, Financial Planner, Gauranga Mutual Fund Distributor
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The HSBC India Manufacturing Purchasing Managers' Index, produced by S&P Global, dipped to 54.9 in December from November's 56.0
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Kaura has over 25 years of experience in leadership roles across Indian and international banking and finance firms
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