Are public sector banks worth investing since they have unveiled a mountain of non-performing assets and topped it with huge provisioning for assets that could turn into NPA? The opinion is divided, at best. Public sector bank stocks had seen a steep ... The Financial Chronicle, 3 weeks ago
SBI’s listed associate banks — State Bank of Mysore and State Bank of Travancore — hogged the limelight on Wednesday as merger talks with the parent triggered big investor interest in them for the second consecutive day. Another associate, State Bank of ...The Financial Chronicle, 1 month ago Staff cost to hit SBI profit post-merger The Financial Chronicle, 1 month ago
Private lender Yes Bank on Wednesday reported 27.4 per cent rise in net profit to Rs 702.1 crore during the fourth quarter ended March 31, 2016 on the back of a strong growth in net interest income and other income. Net profit for 2015-16 increased by 26.6 ...The Financial Chronicle, 2 months ago
Slippages from failed restructured loans coupled with the Reserve Bank’s asset quality review (AQR) exercise is likely to keep the stress on asset quality elevated for banks in the January-March quarter of 2015-16. Most banks will report higher credit cost ...The Financial Chronicle, 2 months ago
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