MUMBAI: Former finance minister Arun Jaitley had encouraged Raghuram Rajan to take decisive action on cleaning up bad loans of Indian banks, the former RBI governor said in a recent…
NEW DELHI: State-owned Indian Overseas Bank (IOB) on Wednesday reported 30 per cent rise in net profit at Rs 723 crore for December quarter 2023-24, on the back of improvement…
Kotak Mahindra Bank reported a slight increase of 5% in its standalone profit for the second quarter ended September, amounting to Rs 3,344 crore compared to Rs 3,191 crore in…
MUMBAI: Assets under management of ARCs have dropped owing to fewer loan defaults and reduced corporate lending. In the June quarter, AUM declined by Rs 2,632 crore for the first…