Staff Reporter

Net interest income and fee income rose to INR6,052.6 crore during the quarter..

BOT is inviting comments and suggestions on the proposed framework by 12 February.

The household lending rate hit 5.57% per annum on average in November.

The distribution rate will reset on 19 January 2028 and every five years thereafter.

Customers who logged in the fake website are advised to immediately contact the bank.

In November, banks' outstanding credit to NBFCs rose 33% from 2021.

Science-based decarbonisation targets must be set to improve their energy sector portfolios.

Chan expects more support from mainland China as the latter’s economy recovers.

Bank boards need to reassess their understanding of the impact that geopolitical risk can have on both their business and their clients, says Derek Leatherdale, Managing Director at GRI Strategies and Visiting Scholar at The London Institute of Banking & Finance.

Synergy with parent company MUFG will help grow its corporate and SME loans.

And US banks expected to report lower earnings as they brace for economic slowdown.

Users can defer payment for a month for every 12 month tenor they take.

Usage will rise to 64 uses per card per year, from 45 annual uses a card in 2022.

BNPL brand Afterpay served 20 million customers in Australia alone.

Aggarwal will oversee the card payment provider’s activities across South Asia and India.

Robinsons Retail will purchase 4.4% interest in the Bank of the Philippine Islands.