Articles for Private Sector Banks

India: Gross NPAs of PSBs at ₹3.16L Cr, Govt Reports
2 weeks ago

India: Gross NPAs of PSBs at ₹3.16L Cr, Govt Reports

Deccan Chronicle  

New Delhi: The gross non-performing assets of public sector banks stood at Rs 3.16 lakh crore as of September 30, which is 3.09 per cent of the outstanding loans, while gross NPAs as percentage of outstanding loan is 1.86 per cent in private sector banks, the government said on Tuesday. Informing to the Parliament, minister of state for finance Pankaj …

India Crore Sector Banks Gross Outstanding Npas
Nifty Bank surges over 3% to mark biggest weekly gain in 2024; Bandhan Bank climbs 8%, IDFC Bank up 7%
6 months ago

Nifty Bank surges over 3% to mark biggest weekly gain in 2024; Bandhan Bank climbs 8%, IDFC Bank up 7%

Live Mint  

The Indian market ended the shortened trading week with significant fluctuations as profit booking by investors caused major indices to close in negative territory. Global brokerage firm CLSA has shown a preference for private sector banks over their public sector counterparts, noting their currently reasonable valuations. Another global brokerage house, Macquarie, also advised investors to favor private sector banks while …

Bank Index Sector Banks Private Mark Gain
Pvt banks' slippages, write-offs from COVID recast almost double than that of PSBs : Report
1 year, 6 months ago

Pvt banks' slippages, write-offs from COVID recast almost double than that of PSBs : Report

The Hindu  

Private sector banks' slippages and write-offs from loans restructured after the COVID-19 pandemic are almost double than that of their State-owned peers, a report said on Friday. Private sector banks have seen slippages and loan write-offs at 44%, as against 23% in case of public sector banks, the report by India Ratings and Research said, calling the trend “surprising”. “Banks …

Covid Banks Asset Private Sector Banks
Buying a home? Here are 6 tips to consider before applying for a loan
1 year, 8 months ago

Buying a home? Here are 6 tips to consider before applying for a loan

Live Mint  

Acquiring a house is a significant milestone that many of us strive to fulfil in our lifetime. Interest rates As the loan amount is big, home loans are generally for long tenures ranging from a few years to as long as 30 years. Before committing to a home loan for a long time you must understand that – The interest …

Insurance Tax Loan Interest Rates Interest Payment Down Payment
Private banks post solid earnings in Q2 driven by margin expansion and a fall in bad loans
2 years, 1 month ago

Private banks post solid earnings in Q2 driven by margin expansion and a fall in bad loans

Live Mint  

Private sector banks delivered a strong performance in the September quarter as credit growth in the system remained strong. Robust Performance India's largest private sector lender, HDFC Bank, reported a 20.01% jump in its standalone net profit at Rs 10,605.78 crore for the September ending quarter compared to Rs 8,834.31 crore in the year-ago period on the back of low …

Credit Bank Profit Crore Post Quarter Rbi
Private Banks See Most Frauds in FY22; Govt Banks Contribute Highest Amount: RBI Data
2 years, 6 months ago

Private Banks See Most Frauds in FY22; Govt Banks Contribute Highest Amount: RBI Data

News 18  

Private sector banks witnessed the most number of frauds in 2021-22, while public sector banks contributed the highest in terms of fraud value, according to the Reserve Bank of India’s Annual Report 2021-22. “An assessment of bank group-wise fraud cases over the last three years indicates that while private sector banks reported maximum number of frauds, public sector banks contributed …

Fraud Financial Institutions Public Sector Banks Crore Value Reported Sector
Is Your Bank Deposit Safe? Here’s What To Consider Before You Invest In FDs
3 years, 5 months ago

Is Your Bank Deposit Safe? Here’s What To Consider Before You Invest In FDs

ABP News  

New Delhi: The failure of Yes Bank came to the fore soon after the crisis at non-banking finance companies, IL&FS and DHFL, and frauds in banks like PMC Bank and PNB exposed the weakness in the banking sector. Here's How Migrants Can Avail Benefits Here’s what you should consider while investing in fixed deposits Public sector banks: Firstly, it is …

Bank Safe Sector Banks Deposit Dicgc Private Sector Banks
Unions oppose Centre's move to allow private sector banks in govt business, term it 'unfair'
3 years, 10 months ago

Unions oppose Centre's move to allow private sector banks in govt business, term it 'unfair'

Firstpost  

New Delhi: Bank unions under the umbrella body AIBEA on Wednesday opposed the government’s decision to allow all private sector lenders in the government-related business, saying it was “unfair” and “to the disadvantage” of public sector banks. AIBEA said the decision to lift the embargo on private sector banks to have access to the government’s business is “unfair” and needs …

Business Loans Public Sector Banks Sector Banks Private Lic
Bank Unions Oppose Centre's Move to Allow All Private Sector Banks in Govt-related Business
3 years, 10 months ago

Bank Unions Oppose Centre's Move to Allow All Private Sector Banks in Govt-related Business

News 18  

Bank unions under the umbrella body AIBEA on Wednesday opposed the government's decision to allow all private sector lenders in government-related business, saying it was "unfair" and "to the disadvantage" of public sector banks. AIBEA said the decision to lift embargo on private sector banks to have access to government's business is "unfair" and needs to be withdrawn. Responding to …

Business Loans Public Sector Banks Sector Banks Private Lic