Finance and Company Affairs Minister Nirmala Sitharaman on Monday suggested Public Sector Banks (PSBs) to make concerted efforts to garner deposits by conducting particular drives. This recommendation is essential as PSBs are experiencing a tough scenario of slower deposit progress in comparison with the sharp improve in mortgage advances within the latest years. Additionally learn: … Read more
Forty-three regional rural banks (RRBs) posted a consolidated web revenue of ₹7,796 crore in FY24, up 26 per cent from ₹6,178 crore in FY23, brightening prospects for some to faucet the capital market, together with by way of an preliminary public providing (IPO). Additional, the variety of RRBs posting a web loss has declined to … Read more
Former Cupboard Secretary Pradeep Kumar Sinha will take over as Non-Government Half-time Chairman of ICICI Financial institution after G. C. Chaturvedi’s time period ends on June 30, 2024. Additionally learn:ICICI Financial institution surpasses HDFC Financial institution’s valuations after Q3 present Within the run-up to the aforementioned appointment, the Financial institution’s Board (at its assembly held from February … Read more