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Dhanalaxmi Bank Q4 results: Dhanalaxmi Bank FY24 net profit up 8.4%

Dhanalaxmi Bank Q4 results: Dhanalaxmi Bank FY24 net profit up 8.4%
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Prickly Problem of Piddly Private Banks: Are Small Banks the Elephant in the Room?

The managing director and chief executive officer (MD&CEO) of Tamilnad Mercantile Bank sent in his resignation letter on 28th September citing personal reasons for the decision. He had joined the bank on 4 September 2022, just a year back. The bank was flying on a single engine with just one whole-time director! ....

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Banks post robust credit growth in Q1; deposit mobilisation improves

Reflecting strong momentum in business, commercial banks, including one public sector lender, reported a year-on-year (YoY) growth in advances.

This was higher than or around the banking sector trend in the first quarter ended June 2023.

Bank of Maharashtra said its loans expanded by 25 per cent YoY to Rs 1.75 trillion.

This pace was much higher than the banking system s 15.4 per cent growth till June 16, 2023, according to Reserve Bank of India (RBI) data. ....

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