Mumbai, April 7 Private sector banks reported stronger deposit growth in the January-March quarter compared with their public sector counterparts, even as the broader banking system continued to face persistent challenges in mobilizing deposits.Data compiled by
New Delhi, April 4 IDBI Bank, controlled by LIC, reported a 16 per cent increase in loan growth to ₹2.53 lakh crore for the quarter ended March 2025 on Saturday.The bank's total advances stood at ₹2.18 lakh crore as of March 31, 2025, IDBI Bank said in a regulatory filing.The lender reported...
New Delhi, February 24 The Indian economy is expected to record a growth rate close to 8.1 per cent in the September-December quarter, according to a report released on Tuesday, under the revised series with the new base year of 2022-23.The country witnessed a growth rate of 8 per cent in the...
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New Delhi, February 23 Finance Minister Nirmala Sitharaman on Monday strongly criticised banks for mis-selling financial products, including insurance, saying it is a violation of the Bharatiya Nyaya Sanhita (BNS)."Banks should focus on their core business... My biggest concern has always...