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Business

Consolidation of PSBs leads to 4,837 branches being shut down

BHOPAL: Efforts to connect the poorest of the poor with banks are underway throughout the country, so that the amount of subsidies provided by...

Torrent escalates Reliance Capital bid war against Hinduja to RBI

New Delhi, Dec 31 (IANS): Torrent Investments has escalated the legal war for Reliance Capital bid to the Reserve Bank of India (RBI) asking...

‘Revenue of organised gold jewellers to rise 23-25 pc in 2022-23’

NEW DELHI: Revenue of organised gold jewellery retailers, which had spurted 36 per cent last fiscal on a low base of the pandemic-induced financial...
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Positive outlook for banks: All-time low NPAs, higher profits, resilient credit offtake

Chennai, Dec 30: The year 2022 was really a Happy Year for the Indian banks -- both government and private. The banks enjoyed...

Asian markets follow Wall St up but headed for annual loss

BEIJING: Asian stock markets followed Wall Street higher on Friday following encouraging US employment data but were headed for double-digit losses for the year....

Banks to remain on profitable path in with robust credit growth

NEW DELHI: Public sector banks appear to be out of the woods as they managed to reduce their bad loans and post record profits...
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