Share price of Bharat Financial Inclusion, earlier known as SKS Microfinance, fell 6 per cent intraday on BSE on Tuesday as its management indicated that around 4.5 per cent of its loan portfolio faced the risk of turning bad in the fourth quarter. So far, ... The Financial Chronicle, 2 weeks ago
The operating environment for banks continues to remain challenging given the large pile of bad loans, slow economic recovery, and credit demand remaining muted. Profitability is likely to worsen for most banks saddled with high amount of bad loans. Some ...The Financial Chronicle, 1 month ago New banks woo customers with higher deposit rates The Financial Chronicle, 1 month ago
Banks are likely to report lower core profits for the third quarter of the financial year but this would be offset by better treasury gains. With loan growth remaining muted, the net interest income (NII) is likely to remain low. While the pace of slippages ...The Financial Chronicle, 2 months ago
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