Mumbai: Strong loan growth and stable asset quality are likely to continue powering bank results in the FY24 fourth quarter ended March with net profit likely to increase between 12% and 15% on an average, analysts said. Pressure on bank net interest margins (NIMs) will continue, though to a lesser extent than the last quarter … Read more
Mumbai: Bandhan Bank fell more than 6% Monday after founder and chief executive, Chandra Shekhar Ghosh, announced a voluntary exit despite a board nod to continue in the top job. Brokerages Jefferies and Nomura have slashed their target prices for the stock of the Kolkata-based lender that emerged as a full-service bank after decades of … Read more
Baldev Prakash, MD & CEO, J&K Bank, says “retail growth is coming from our home territory, that is Jammu and Kashmir and Ladakh. And in retail also, the home loan segment is picking up. We are clocking a growth of over 20% in home loans and corporate growth is coming from the rest of the … Read more
