Indian banks' loan growth moderated for a fifth straight month in November, central bank data showed, as lenders continued to rein in unsecured and personal loans after the Reserve Bank of India's ...
Banks' credit increased by 11.8 per cent year-on-year last month, slower than the 16.5 per cent rise in November 2023 ...
The mergers have also resulted in “uniform improvement” across all key financial parameters, he added. Citing data from the Reserve Bank of India, Chaudhary said that key metrics of the four ...
The government is not considering any more mergers of public sector banks said the Minister of State for Finance, Pankaj Chaudhary while responding to a question during a Winter Session at the ...
Between FY17 and FY24, public sector banks lost more than 100,000 employees even as staff across the country's banking sector ...
“The merger has helped in improved synergies ... Allahabad Bank with Indian Bank; and Andhra Bank and Corporation Bank with Union Bank of India, effective April 1, 2020. In 2019, Dena Bank ...
Public sector banks in India are witnessing a sharp decline in their workforce. Recent data from the Reserve Bank of India ...
Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued ...