Improved cost ratios to boost State Bank of India's profitability

India’s largest PSU bank, State Bank of India, delivered excellent results, once the impact of a big jump in employee expenses was adjusted for. Photograph: Sudipta Banerjee/ANI Photo The......

'Our unsecured loan portfolio is better than secured'

'Our unsecured loan is not exactly unsecured. It is backed by cash flow of customers.' Illustration: Dominic Xavier/Rediff.com IDFC First Bank is planning to grow the advances by 20 per cent and......

'NPA recoveries has helped to reduce credit cost'

'For the first time ever it has come below 1 per cent, at 0.97 per cent.' Photograph: Shailesh Andrade/Reuters Canara Bank will not sacrifice margins for growth and it will be conscious about the......

Private bank profits see impact of alternate investment fund provisions

The bottom lines of several private sector banks have taken a hit following the recent guidelines released by the Reserve Bank of India (RBI) on alternate investment fund (AIF) investments.......