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Federal Bank Records Highest-Ever Quarterly Net Profit of Rs 954 Crore, Driven by Loan and Deposit Growth, India

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Federal Bank achieves record quarterly net profit of Rs 954 crore, driven by loan and deposit growth. Strong performance in India's banking sector.

AU Small Finance Bank Focuses on Organic Growth, Delays Universal Banking License Application

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AU Small Finance Bank delays universal banking license application and focuses on organic growth. Interview with CEO highlighting growth strategies and future outlook.

Private banks witness decline in the proportion of low-cost deposits in Q1

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Private banks in India witness decline in low-cost deposits in Q1. Stagnation in savings accounts & aggressive loan growth are potential causes.

Higher Deposit Rates Lead to 10-20 Basis Point Contraction in NIMs to 3.1%

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Find out why banks in India are expected to see a decrease in net interest margins this fiscal year and how competition for deposits is driving the hike in rates.

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Private banks witness decline in the proportion of low-cost deposits in Q1

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Private banks in India witness decline in low-cost deposits in Q1. Stagnation in savings accounts & aggressive loan growth are potential causes.

Federal Bank Records Highest-Ever Quarterly Net Profit of Rs 954 Crore, Driven by Loan and Deposit Growth, India

Business 0
Federal Bank achieves record quarterly net profit of Rs 954 crore, driven by loan and deposit growth. Strong performance in India's banking sector.

Potential deposit of Rs 1.5 lakh crore likely from withdrawal of Rs 2,000 notes, says economist

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The withdrawal of Rs 2,000 notes in India could lead to deposits worth Rs 1.5 lakh crore, increasing deposit growth to over 11%, says Axis Bank's Chief Economist. The move may also cause a war for deposits among banks, slow credit growth, and keep inflation under check.

AU Small Finance Bank Focuses on Organic Growth, Delays Universal Banking License Application

Business 0
AU Small Finance Bank delays universal banking license application and focuses on organic growth. Interview with CEO highlighting growth strategies and future outlook.

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