Private Banks

HDFC Bank's advances rise 62.4% to Rs 24.7 trn in December quarter

Retail deposits of the private sector major rose by Rs 53,000 crore during the quarter

Private banks slower than public sector banks in raising interest rates

The hike in lending rates of all scheduled commercial banks on outstanding loans since May 2022 has been only 95 bps

HDFC Bank's advances rise 17% YoY to Rs 16 trillion; deposits up 21%

The lenders' CASA deposits grew by 11.3% to Rs 8.03 trillion

Here's why Ravi Nathani is bullish on Nifty Private Bank, PSU Bank indices

According to the technical analyst, Nifty Private Bank exhibited a bullish pattern, supported by technical indicators, indicating a positive outlook for traders in the short term

Here's what Ravi Nathani suggests on the financial sector

According to the technical analyst, the finance sector is expected to underperform in the near term, but this underperformance will provide a good buying opportunity for traders and swing players.

YES Bank approaches Supreme Court against Bombay HC decision on AT-1 bonds

On January 20, the Bombay High Court had quashed YES Bank's decision to write off AT-1 bonds in March 2020

Private banks post 31.7% YoY growth in Q3, net profit rises to Rs 35,166 cr

Healthy interest margins, credit offtake boost bottomline; provisions show subdued rise on better asset quality

Top headlines: I-T dept goes after tax arrears of over Rs 7.7 trn, PMAY-G

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Pvt banks to report healthy earnings in Q3, aided by robust credit growth

Credit growth in the banking system is touching decadal highs but deposit growth has lagged

Is it time for state-run banks to end industry-wide wage pacts?

While there is still a large talent pool in state-run banks, the reality is that it may not walk in as in the past

Private banks lead in credit growth in Q2 as demand grows: RBI data

Annual growth in working capital loans by banks increasing after contracting in March 2021

SFBs hope to give large private banks a run for their money: BFSI panelists

When we started five years ago, we thought it would be a marathon but it has turned out to be a steeplechase: Samit Ghosh

Liability management now top priority for lenders: Private bank CEOs

Private bankers said there were signs that the credit demand was durable and as such the landscape for banks' management of assets and liabilities would remain challenging for quite some time

BS BFSI Insight Summit: Top pvt bank execs to take part in panel discussion

From Amitabh Chaudhry, MD & CEO, Axis Bank to Rakesh Sharma, MD & CEO, IDBI Bank here is the list of panelists from private sector banks of India at BSFI Insight Summit

To woo customers, HDFC Bank aims to issue 1 mn credit cards every month

The bank wants to double the current pace of half a million new credit card issuances every month, according to Parag Rao, country head for payments business

Risky lending: Share of subprime borrowers higher at PSBs, shows data

The share of such loans declined between September 2020 and March 2022 in private banks and NBFCs but rose for public sector banks

Banks rush to hike deposit rates, raise funds amid firm loan growth

Major private lenders such as HDFC Bank, ICICI, Axis revise rates; deposit rates now catching up with RBI rate hikes

After the runaway rally, analysts say shift from PSBs to private peers

Private sector banks' outlook is brighter on a relative basis, and the players will outperform benchmark indices from a 6-12 months' perspective, analysts say

Expect 25% slippages from restructured book: South Indian Bank MD & CEO

The bank is targeting double digit growth, Murali Ramakrishnan, MD & CEO of South Indian Bank said

RBI governor Shaktikanta Das to meet bank chiefs ahead of monetary policy

Like to discuss issues related to growth, interest rates