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...

SBI reports 84% jump in net profit for Q3FY25, strong credit growth and improved asset quality

Feb 06, 2025

The operating profit for the quarter stood at Rs23,551 crore, marking a 15.81 per cent YoY increase. Additionally, the Net Interest Income (NII) grew...

Banks' profitability increases for sixth consecutive year in 2023-24, continues to rise in current fiscal: RBI

Dec 26, 2024

The asset quality of Banks have also improved, as per the apex bank report, with the gross non-performing assets (GNPA) ratio falling to its...

Indian NBFCs' asset quality remains vulnerable: Moody's

Nov 23, 2020

New Delhi [India], November 23 : Moody's Investors Service on Monday said in a new report that although loan collections improved at the rated...

Mirae Asset Mutual Fund forays into Smallcap space through passive offering

Feb 14, 2024

Mumbai (Maharashtra) [India], February 14: Mirae Asset Mutual Fund announces India's first Multi factor-based ETF on Nifty Smallcap250 Index, 'Mirae Asset Nifty Smallcap 250...

Indian banks' improved performance reflects deferred recognition of asset stress: Fitch

Sep 10, 2021

London [UK], September 10 : Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to the stress evident...