Punjab & Sind Bank back in black in Q4 with ₹161- cr profit

Confident of sustaining profits in each of the quarters this fiscal, says MD & CEO Krishnan

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Covid-19: UK-based banks announce financial and medical support for employees in India

Barclays has introduced a new set of measures, including facilitating vaccinations

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Stellar show: SBI net jumps 80% on strong interest income, lower provisions

“A definitive assessment of the impact of Covid-19 is dependent upon circumstances as they evolve in the subsequent period,” Khara said. However, he said the bank might register a credit growth of around 10% in FY22 as the bank's credit growth is normally 1% above India's GDP.

from Banking & Finance – The Financial Express https://ift.tt/3yFOuj0

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South Indian Bank back in black on lower provisioning

The asset quality deteriorated, with GNPA ratio seen at 6.97%, compared to 4.90% in the preceding quarter and 4.98% in the year-ago period. Net NPA ratio for Q4 was at 4.71%, against 2.1% in Q3 and 3.34% in Q4 of FY20.

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Banks eye sureties of ₹1.8-lakh cr

Promoters of 42 firms face music

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