The bank's asset quality improved as gross non-performing assets declined to 12.9 per cent of total loans from 13.4 per cent in the June quarter
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The private player's net interest income (NII) for Q2FY23 increased to Rs 5,099 crore, from Rs 4,021 crore in Q2FY22
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Shaktikanta Das said, the specific financial services to be provided by the DBUs include, among other things, savings, credit, investment and insurance
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Deposit growth through current account savings accounts (CASA) has been higher than trend levels and ratios are likely to reverse as the push for gathering deposits accelerates
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Sitharaman asked banks to make proper digital records for jobs being outsourced, especially for posts like Safai Karamcharis from 1 October
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RBI pervaded Rs 218 billion Indian ($2.73 billion) into the banking system. The biggest input since May 2019
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The key indicator of banks' asset quality is likely to improve, "riding on post-pandemic economic recovery and higher credit growth," the agency said in a statement
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The Russian bank has opened a rupee account with nearly three dozen Russian companies settling payments for trades with New Delhi
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The overall CPI inflation increased to 7 per cent in August largely driven by consumer food prices as rural and urban CPI surged as compared to July
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The price band for the offer has been fixed at Rs 500-525 per share which will close on 7 September
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