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Porinju Veliyath praises RBI, Shaktikanta Das on X as asset quality of banks improves

After the Reserve Bank of India announced that the asset quality of banks has shown significant improvement in the first half of FY24, market expert Porinju Veliyath took to X (formerly Twitter) to praise the central bank on achieving this extraordinary feat. ....

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Will the rally in small PSU bank shares sustain?

Expert expects to see derating in smaller PSBs as the surge in other income, the primary driver of superior RoE (return on equity) in FY23 could be transient. ....

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Banks' agri loan books see jump despite El Nino risks, aided by strong demand

Despite the possibilities of uncertain weather conditions and risks associated with the El Nino effect, banks have grown their agriculture loan book ....

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RBI Bulletin: Banks' gross NPAs fall to 4.5% at end-December from 6.5% a year ago

The bulletin said the asset quality of banks improved across all the major sectors ....

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Indian banks to post strong growth numbers, well-placed to manage risks, say experts

Several private and public sector banks in their January-March 2023 quarter preview reported strong advances and deposit growth ....

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