Gaining strength
Business Standard|May 14, 2024
Improving bank balance sheet will support growth

Net interest income in aggregate the most part. Non-interest income too has increased as banks have develexpanded for all banks and net interest margins have been sustained for oped better cross-selling mechanisms and generated more fee income. Across the board, gross non-performing assets (GNPA) have reduced sharply. Net NPAs have also declined. Provisions have been reduced or reversed in many cases, as sticky loans have been recovered, resulting in higher profits and lower credit costs. Interest income has grown 38 per cent year-on-year (Y-o-Y) for private banks and 26 per cent Y-o-Y for PSBS in FY24 compared to FY23.

هذه القصة مأخوذة من طبعة May 14, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 14, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

المزيد من القصص من BUSINESS STANDARD مشاهدة الكل
Business Standard

ET Money suspends transactions in Quant MF schemes

Online mutual fund (MF) distribution platform ET Money on Friday said it had suspended fresh lumpsum investments and SIP registration in Quant MF schemes owing to pending 'business and operational integration' with the fund house.

time-read
1 min  |
June 08, 2024
Business Standard

Mirae Asset mulls $150 mn infusion into Sharekhan

South Korea's financial services major Mirae Asset Capital Markets plans to infuse over $150 million into retail broking arm Sharekhan for expansion into wealth and portfolio management business, said sources.

time-read
1 min  |
June 08, 2024
Business Standard

MARKET CRASH AFTER POLL RESULTS - Plea urges SC to direct govt, Sebi to investigate

A lawyer has filed an application before the Supreme Court \"to direct\" the government and the market regulator to give a report on the share market crash and loss to investors after election results Tuesday.

time-read
2 mins  |
June 08, 2024
Markets make sharp recovery but a third of stocks still in red
Business Standard

Markets make sharp recovery but a third of stocks still in red

PSES, Adani, infra stocks among laggards

time-read
2 mins  |
June 08, 2024
Business Standard

Sebi plans to open CDS market for MFs

The Securities and Exchange Board of India (Sebi) is planning steps that will increase participation and allow greater flexibility for mutual funds (MFs) in the credit default swap (CDS) market.

time-read
2 mins  |
June 08, 2024
Business Standard

Stable policy, revenue visibility & regulated margins triggers for NTPC

As the political uncertainty settles down, investors are reviewing their assumptions about the power sector.

time-read
2 mins  |
June 08, 2024
Business Standard

Hindu-Muslim coalition back

The Muslim vote is the BJP's biggest worry. Knives are already out and probing its most critical fault line. Without recovering UP, the BJP's decline threatens to become chronic, and progressive

time-read
5 mins  |
June 08, 2024
Business Standard

A summer kick for football fans

June 15 marks the start of a month of sleepless nights for football fans when the European Championship, better known as the Euro, kicks off with Germany taking on Scotland.

time-read
3 mins  |
June 08, 2024
10 past 10, 8:20 or 9:41?
Business Standard

10 past 10, 8:20 or 9:41?

I have always wondered why the hands of a wristwatch irrespective of the brand are invariably set to 10:10.

time-read
3 mins  |
June 08, 2024
Business Standard

Haunted by the Washington Consensus

In 1989, the British economist John Williamson christened what was to become the defining intellectual export of the era of globalisation: The Washington Consensus.

time-read
3 mins  |
June 08, 2024