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Source: Live Mint New Delhi [India], : The credit growth of Indian banks moderated in the Financial Year 2025, yet Public Sector Banks gained the market share, outperforming their Private Banks counterparts, according to a report by the Union Bank of India. The report added that the gain was visible across both the nature and…
Source: Live Mint Once you turn sixty the focus shifts towards security, sensible investments and post retirement life. Fixed deposits (FDs) can be the perfect answer to all of the above questions. Especially for senior citizens who are looking to start a new life after completing their working careers. FDs are nothing but government backed…
Source: Live Mint Canara Bank, a state-owned lender, is set to announce its financial results for the fourth quarter and fiscal year ended March 31, 2025, on Thursday, May 8, 2025. During the meeting, the bank will also consider a dividend payout. “…the Board Meeting of the Bank is scheduled to be held on Thursday,…
Source: Live Mint Market outlook: The Indian banking sector showcased steady growth in 2024, delivering a year-to-date return of around 8 per cent. However, this performance lagged behind the Nifty 50’s over 11 per cent increase and a stellar 30 per cent surge seen in mid- and small-cap indices. Despite significant FII outflows, Nifty Bank…
Source: Business Standard 4 min read Last Updated : Oct 04 2024 | 1:14 PM IST Public sector banks shine: Shares of public sector banks (PSBs) have rallied up to 4 per cent on the National Stock Exchange (NSE) in Friday’s intra-day trade after Bank of Baroda (BOB) reported steady provisional numbers for the July…
Source: Business Standard Home Loan, Loan, Home, House(Photo: Shutterstock) 3 min read Last Updated : Oct 02 2024 | 2:03 PM IST Taking out a loan to purchase a home is a significant financial decision. Even a small variation in interest rates can have a substantial impact. Hence, it is essential to compare different…
Source: Business Standard Nearly 85 per cent of the bond issuances will be by public sector banks, the report by domestic rating agency ICRA said, adding that the higher appetite for infra bonds among such lenders will drive the market 2 min read Last Updated : Sep 24 2024 | 2:53 PM IST The…
Source: Business Standard 2 min read Last Updated : Sep 10 2024 | 11:08 AM IST The Reserve Bank of India (RBI) has turned down Canara Bank’s proposal to establish a credit card subsidiary, a move that the government-owned lender believed would boost its growing card business, reported The Economic Times. Currently, Canara…
Source: Business Standard 4 min read Last Updated : Sep 09 2024 | 12:14 PM IST Shares of public sector banks (PSBs) are down for the second straight day, falling by up to 4 per cent on the National Stock Exchange (NSE) in Monday’s intra-day trade. Shares of PSBs extended their Friday’s decline after Goldman…
