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Sunday, January 8, 2023

Bandhan Bank registers 100 bps improvement in collection efficiency

Total deposits grew by 21% at ₹1,02,283 cr during the quarter as compared with ₹84,500 cr same period last year

from The HinduBusinessLine - Money & Banking https://ift.tt/TtozUx3
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RBI may hike rates in 2023, but bank deposit rates have peaked, say experts

“First, there is room for further rise as RBI is expected to increase rates once more in February. Second, while rates will go up, it will be selective across certain tenures and not across the board,” said Bank of Baroda chief economist Madan Sabnavis.

from Banking/Finance-Industry-Economic Times https://ift.tt/lnU3hLz
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Total business to cross Rs 2 lakh crore milestone soon: Punjab & Sind Bank MD



from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SpCA9DJ
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Total business to cross Rs 2 lakh crore milestone soon: Punjab & Sind Bank MD

Talking about new initiatives, Punjab & Sind Bank MD Swarup Kumar Saha said the bank has recently partnered with SBI Card to launch co-brand credit cards for its customers. Available in three variants -- PSB SBI Card ELITE, PSB SBI Card PRIME and PSB SimplySAVE SBI Card -- will have access to a wide suite of exclusive privileges.

from Banking/Finance-Industry-Economic Times https://ift.tt/o4kfJCW
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Govt receives several EoIs for IDBI Bank stake sale

JC Flowers, Carlyle Group, Canada-based Fairfax group and Japanese Bank Sumitomo Mitsui are understood to have evinced interest in IDBI Bank during roadshows held by the government for the stake sale. There has been no official confirmation of those that have submitted EoIs.

from Banking/Finance-Industry-Economic Times https://ift.tt/opsjOtR
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