Indian banks' profitability to remain resilient despite margin pressure: Fitch

Mar 26, 2024

Profitability of Indian banks is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term,...

Indian banks expected to maintain profitability amid margin pressure: Fitch Ratings

Mar 27, 2024

According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis points over the next two years from...

Banks in India, ASEAN face increasing headwinds amid COVID-19 pandemic: Moody's

Jul 14, 2020

Singapore, July 14 : The challenging economic and credit conditions stemming from COVID-19 will weigh on Indian and ASEAN banks' asset quality and profitability,...

Moderation in asset quality pressure to drive earnings growth for banks: ICRA

Dec 29, 2020

New Delhi [India], December 29 : Improved asset quality and consequently lower credit provisions can drive better profitability for banks and provide impetus to...

"India's domestic financial system is now in a much stronger position": RBI Governor

Jun 20, 2024

Das said, "India's domestic financial system is now in a much stronger position than it was before we entered the period of the COVID...

Paisabazaar achieves profitability ahead of guidance

Feb 22, 2023

Gurgaon (Haryana) [India], February 22 (ANI/NewsVoir): Paisabazaar, India's leading marketplace for consumer credit and free credit score platform, announced that it became profitable in...