SBI expects to surpass ₹1-lakh crore working revenue in FY25

State Financial institution of India has set its sights on surpassing the working revenue milestone of ₹1-lakh crore in FY25 and has drawn up monetary targets accordingly. The nation’s largest financial institution logged an working revenue of ₹65,050 crore within the 9 months (April-December) of FY24, up 10.08 per cent year-on-year (y-o-y). In FY23, it … Read more

Banks’ GNPAs set to enhance additional to 2.1 per cent by FY25: Report

The gross non-performing property (GNPA) of the Indian banking system are set to enhance additional to as much as 2.1 per cent by the top of FY25, a report stated on Friday. Additionally learn:BFSI sector might face headwinds GNPAs are more likely to come at 2.5-2.7 per cent in FY24 and can enhance additional to … Read more