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Credit growth, quality assets likely to spur bank profits in Q4 FY24

With high credit growth and healthy asset quality, listed commercial banks are expected to report steady growth in earnings during the fourth quarter ended March 2024 (Q4 FY24). Illustration:......

Consumption story gets a facelift as rural demand shows promise

Consumer goods firms and auto companies are witnessing an upturn in rural demand, which had been lagging for most of FY24. Photograph: Niharika Kulkarni/Reuters Expectations of a bumper rabi crop......

No need to worry: Bandhan Bank's outgoing chief writes to employees

Bandhan Bank's managing director (MD) and chief executive officer (CEO) Chandra Shekhar Ghosh (pictured), who has decided to step down, on Wednesday said the bank will need at least three months to......

Banks shift bets from G-secs to state and corporate bonds

Banks are preferring instruments with higher premium over government securities for their held-till-maturity (HTM) portfolio, following the new investment norms, which came into effect from April......

Cash out: Mobile wallet payments may hit Rs 532 trn in 2028

Mobile wallet adoption is surging in India and swiftly becoming a primary payment option, surpassing traditional methods like cash and cards. Illustration: Uttam Ghosh/Rediff.com Over the next few......

Rediff News

Rbi Rsquo

News for Rbi Rsquo

Credit growth, quality assets likely to spur bank profits in Q4 FY24

Consumption story gets a facelift as rural demand shows promise

No need to worry: Bandhan Bank's outgoing chief writes to employees

Banks shift bets from G-secs to state and corporate bonds

Cash out: Mobile wallet payments may hit Rs 532 trn in 2028

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