Tag: public sector banks

NEW DELHI: With due diligence for the sale of govt stake in IDBI Bank completed, Centre is all set to invite financial bids during the Dec quarter as it expects to shortlist the...
MUMBAI: Central bank gold appetite, although not as voracious as the 1,000-tonne-a-year purchases in the past three calendar years, remains largely undiminished globally as this group of institutional buyers diversifies its asset base beyond the...

Private sector banks report pressure on profits in Q3 amid higher provisioning, NIM pressure

The private sector banks reported deceleration in aggregate operating and net profit for the third quarter in a row amid slowing growth in...

WACR: WACR 18 bps higher than repo rate despite surplus liquidity

Mumbai: The weighted average call rate, which indicates banks' overnight cost of borrowing, closed at 6.68% on Monday, 18 basis points higher than...

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