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    Private banks share in advances to hit 38-40 per cent by FY'20: ICRA

    Market share of private sector banks stood at 19.9 pc at end of March 31, 2014 and 27.5 pc in fiscal 2016-17. ICRA said the credit/deposit ratio of the banks could be higher at 94-102 per cent during FY2018-2020. (Photo: PTI/File) Mumbai: The market share ...

    Big banks suffer asset reflux after gobbling up the financial sector

    That's now dropped below 10 per cent, with tougher regulations and new technology squeezing margins. But it is the flow through from David Murray's 2014 Financial System Inquiry that triggered the banks' indigestion. His insistence that our banks become ...

    Four banks trading below minimum liquidity ratio – MPC members

    as against a regulatory minimum of 15 per cent for banks with international licences. He said, “The financial performance indicators showed that when the four outlier banks were removed, the CAR, NPLs ratio and the Liquidity Ratio are all above the prude ...

    Banks boost European bourses after Fed signals December rate hike

    The pan-European STOXX 600 gained 0.3 per cent while euro zone stocks and blue-chips followed suit as the US central bank's optimism on economic activity stoked renewed enthusiasm for financials and cyclical sectors in Europe. Banks, the biggest gainers ...

    Top Five Banks Account for 47% of Industry’s Impaired Credits

    The Banking Industry report by Agusto & Co. obtained wednesday also showed that about 47 per cent of the banking industry’s impaired loans are collectively held by the top five banks. The top five banks in Nigeria are Zenith Bank Plc, Guaranty Trust Bank ...

    High street banks slump on customer satisfaction and complaints

    Some of the UK’s biggest banks have been ranked among the poorest performers for customer satisfaction and complaints handling, according to new analysis by Which?. Lloyds - the worst performing big bank with an overall score of 58 per cent - is in ...

    More cashless payment schemes could lift local banks' profits

    "Most payment platforms adopted by retailers are linked to consumers' cards and/or bank accounts.... local banks had a combined 66 per cent share of card payment transactions in 2016," Ms Ng said. "Our channel checks suggest that the bulk of banks' card ...

    NPA-laden state-run banks crimp advance tax mop-up at 10.6%

    up 10.64 per cent, is tepid even though other sectors like steel and even private sector lenders have done comparatively well, income tax department sources said on Tuesday. Mumbai: A steep fall in advance tax payouts by bad loan-saddled state-run banks ...

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