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For the full year FY25, Bank of Maharashtra reported a net profit of Rs 5,519.79 crore, up 36 percent from Rs 4,055.03 crore in FY24.
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To maintain its current BCA, the support of the government may be required, says Alka Anbarasu of Moody's Ratings, speaking to Moneycontrol
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Following the reduction, Indian Bank has cut its home loan interest rates from the existing 8.15 per cent to 7.90 per cent and vehicle loan interest rates from the existing 8.50 per cent to 8.25 per cent.
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While there are indications of a broader normalisation of stress in the retail credit cycle, personal loans to require a few more quarters to improve, says Chaudhry
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While we are confident about growth in FY25, we do not give any guidance, CEO says
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Axis Bank Q4 results: Total income rises 6% to Rs 38,022 crore
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The solvency ratio stood at 1.96x as at March 31, 2025, matching regulatory requirements, while the expense management ratio was 8.40 percent in Q4
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The rating firm expects the relaxation in LCR guidelines to add some capacity, potentially boosting loan growth by 100 to 150 basis points.
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Analysts feel that while the MFI sector has been grappling with asset quality stress, the short-term nature of these loans suggests that the worst could be over, unless macroeconomic conditions worsen.
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TMB CEO also says the bank aims to grow its advances by at least 15-18 percent in FY26
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For the full year, net profit jumped 10.3 percent to a record Rs 1,182.6 crore, compared with Rs 1,072.0 crore in FY24.
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The decision to pause onboarding new MFI customers may have come after the RBI's feedback. However, the bank has denied the same.
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With Anuradha Thakur appointed as successor to Seth, he is seen as likely the frontrunner for the position.
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This rebound comes after a sluggish February and was led by improved performance in group business segments, although individual policy sales remained under pressure.
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The MPC now projects CPI inflation for 2025-26 to average 4.0%, with quarterly readings expected to range between 3.6 and 4.4%
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The RBI revised its GDP growth projection for 2025-26 slightly downward to 6.5%, citing heightened global trade tensions, softening external demand, and growing investment uncertainty.
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Excluding the impact of the 1/n accounting norm, the company's filing says, SBI General’s GWP growth was even stronger at 14.5 percent, growing 1.7 times faster than the industry
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Malhotra’s RBI is betting that a year-long transition and a 6% LCR boost will smooth the path. Whether banks—and the economy—can walk this tightrope without stumbling remains to be seen
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The Indian rupee (INR) appreciated by 0.5 per cent during March 2025 compared to a month ago, supported by FPI inflows and year-end dollar receipts from inter-company borrowings.
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The imposition of tariffs by US President Trump earlier this month had jolted the global economy and financial markets, including India, fanning potential slowdown fears, however, the uncertainty has eased after Trump paused the reciprocal tariffs for 90 days.
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These rates, currently 16-66 basis points above formula-based levels, could pose a challenge for bank deposit growth in a rate-easing cycle where deposit rates are expected to decline, says RBI
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India’s position as the fastest growing major economy, coupled with macroeconomic stability, makes it a preferable investment destination in a world characterised by growth slowdown and macro vulnerabilities, the bulletin said
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For Q4, the bank’s net profit stood at Rs 503.7 crore, up 36 percent from Rs 370.74 crore in the same quarter last year
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About 468 applications were either returned or withdrawn by the applicants, while 66 were rejected outright.
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In an interaction with Moneycontrol, Deloitte India partner Himanish Chaudhuri also said that public-private partnerships are expected to enhance and accelerate value-added services in Indian banking apps.
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HCL Tech Q4 results latest news: The board of the company has announced an interim dividend of Rs 18 per share y for the Financial Year 2025-26.
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In the past five trading session, the local currency has appreciated to 85.14 against the dollar
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According to an analyst, the central bank's norms will improve LCR of banks by of 6 percent, which can boost credit deployment by 1.4-1.6 percent
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The bank assessed the impact of the anomalies based on its June 2024 profit and loss account, estimating a post-tax hit of 2.27% on its net worth as of December 2024.
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The RBI is probably playing a patient waiting game and for the right reasons
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Mumbai, Apr 21 The Reserve Bank on Monday permitted banks to allow minors above the age of 10 years to open and operate savings/ term deposit accounts ..
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The revised guidelines will be applicable from April 1, 2026. This is to give banks adequate time to transition their systems to the new standards for LCR computation, RBI said in a release.
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ULIPs being market-linked, are inherently volatile and have relatively lower margins and persistency ratios, insurers have said hinting that they aim to reduce its share further, to achieve a more ‘balanced’ product mix.
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In the premiere episode of Latha & The Leaders, KV Kamath reflects on three decades of transformational change in Indian banking, the fading era of “star” bankers, and why the future belongs to those who can disrupt their cost structures and compete head-on with fintechs.
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Banks have been asked to reassess their strategy on apps. According to sources, suggestions pertaining to efficacy of digital offerings are being made by the regulator to banks following frequent outrageous in banking apps.
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There is a growing consensus among market participants that the RBI will cut more rates in the coming policies, in order to support growth amid a tariff war, with a cooling inflation providing the elbow room for lower rates.
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So far in this month, dollar index is down around 6 percent. Today, the dollar index is trading lowest since March 31, 2022, when it was at 98.312.
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With retail inflation comfortably below target, the focus decisively shifts to boosting growth
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CFO Niraj Shah also says he anticipates the company transitioning to a risk-based capital regime within the next 12 to 18 months
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Bank’s management expect that the loan and deposit growth of the bank is expected to be better than the industry only in FY27.
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The share of the overseas book of the bank, of the total advances stood at 2.3 percent, which was 2.40 percent in a quarter ago period, and 2.82 percent in a year ago period.
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Prashant Kumar also sidestepped questions on October leadership reappointment, says board holds decision-making authority
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ICICI Bank Q4 FY25 Results: The private sector lender announced its fiscal fourth quarter financial results today.
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HDFC Bank Q4 FY25 Results: The private sector lender announced its fiscal fourth quarter financial results today.
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YES Bank Q4 results: Total income during the quarter rose to Rs 9,355.4 crore, slightly up from Rs 9,015.8 crore in the same period last year.
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HDFC Life Q4 results: The net premium income of the insurer came in at Rs 23,766 crore, up 16 percent from Rs 20,488 crore in the year-ago quarter
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Jargon-filled terms and conditions and lack of clear communication from insurers have made insurance a product that people either delay or avoid altogether, the report added.
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Foreign fund inflows and a weaker dollar are supporting the currency
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Last week, the central bank's monetary policy committee reduced the repo rate by 25 basis points, the second such cut in a row, on benign inflation outlook and moderate growth
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In April monetary policy, the RBI cut repo rate by 25 basis points for the second time in a row. In response, banks have slashed their deposit as well as lending rates.
