HDFC Bank has always been ahead of its peers. One reason is its early ‘digital’ move and the other being attention to customer needs
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Arundhati Bhattacharya of State Bank of India on NPAs, loans to large corporates, retail penetration and the brand, among other things
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Unlike its loans to large corporates that shrank, SBI’s loans to retail home buyers accounted for 58-59 per cent of its total retail loans with another 11-12 per cent being accounted for by automobile loans.
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The move comes in the wake of irregularities that came to light last year in Rs 6,100 crore import remittances effected by a Bank of Baroda branch in Delhi
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Banking sector is suffering from its highest stressed-assets ratio in 13 years as an economic slowdown hits company earnings
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The bank is committed to building a strong retail franchise through continued investments, says Yes Bank CEO Rana Kapoor
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Gross bad loans as a percentage of total loans widened to 4.72 per cent in the December quarter from 3.77 per cent in the previous three months
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State Bank of India, ICICI Bank and Axis Bank say demand for credit from smaller centres in the country is helping grow their overall home-loans books
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The bank, which has 36 branches, will continue to expand the branch network, but focus is more on providing banking services using technology
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A protocol to amend the existing Double Taxation Avoidance Convention was signed by both countries, according to a Finance Ministry statement
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