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Don’t miss the latest developments in business and finance.
Bank credit increases 17% YoY to Rs 129 trillion in early November 17
Deposit growth moderates to 8.25%
Broad-based, double-digit annual growth seen in bank credit in Q1: RBI data
RBI data showed the metropolitan regions saw maximum acceleration with YoY credit growth vaulting from 2.7% in June 2021 to 13.2% in June 2022
Earnings preview: Bank profits to show steady rise despite provisions
Rise in stressed assets may not push bills for provisions as lenders maintain higher provision coverage ratio for few quarters
Federal Bank's Q1 net profit drops 8.35% due to higher provisions
The lender's net interest income grew by 9.4% YoY to Rs 1,418 cr in Q1FY22 compared to Rs 1,296 cr in the year-ago period
Top headlines: Provisions for Covid-19 losses, Japan PM to step down, more
Business Standard brings to a snapshot of events which made it to the headlines today
HDFC Bank PBT up 5.15% in April-June; provisions increase by 49%
Net profit for reporting quarter rises by 19.6 per cent to Rs 6,658.62 crore from net profit of Rs 5,568.16 crore in Q1FY20
Banks' credit provisions to rise to Rs 2.4-2.6 lakh cr for FY18: Icra
The rating agency expects the scope of a further cut in deposit rates to be limited