Page 4 - Abhijit Lele

DCB Bank Q2FY25 results: Net up 23% on uptick in non-interest income

Advances grew by 19.29 per cent Y-o-Y to Rs 44,465 crore in Q2FY25

Banks, NBFCs' credit growth to see steady slowdown in FY25, says ICRA

Regulatory warning, tight funding influence strategy

IIFL Finance Q2 results: Firm incurs consolidated net loss of Rs 93.07 cr

Makes Rs 586.5 crore provision for AIF investments

Bajaj Finserv Q2 net profit rises 8% to Rs 2,087 cr; interest income jumps

Revenue increased by 30% to Rs 33,704 cr, says holding company of Bajaj group's financial services and insurance businesses

Union Bank of India to take call on raising Rs 10K crore next quarter

Retains loan growth guidance of 11-13% despite slow capex

Bajaj Finance Q2FY25 results: Consolidated net up 13% at Rs 4,014 crore

While NII grows 23%, loan loss provisions up 77%

Union Bank Q2 FY25 results: Net up 34.4% on non-interest income boost

Its net interest income (NII) shrank by 0.87 per cent Y-o-Y to Rs 9,047 crore in Q2 FY25 compared to Rs 9,126 crore in the same quarter a year ago

Net FDI in India more than doubles in Apr-Aug 2024, shows RBI data

Improving FDI to support growth in manufacturing

Private banks leading AI adoption in banking services, says RBI study

Says AI likely to make banking services accessible to population at bottom of the pyramid

NRI deposits witness $7.82 billion inflows in April-August 2024: RBI data

The total outstanding NRI deposits as of August 2024 stood at $158.94 billion

IDBI Bank to offload MEP Infrastructure Developers' stressed loan exposure

Toll road operator is under insolvency resolution regime

L&T Finance lowers NIM guidance, sees challenges in retail loan segment

Retail loan growth may slow down to 15-20% from over 25%

Bank deposit growth moderates to 11.8% in early October: RBI data

Banks have calibrated credit growth, keeping in mind the challenge of raising deposits as well as RBI's concerns over the high pace of growth in the unsecured credit segment

Central Bank Q2FY25 results: Net profit rises 51% to Rs 913 crore

Recoveries from written-off accounts, treasury income boost bottom line

Pre-poll welfare schemes may not hit Maharashtra govt's fiscal health: ICRA

Borrowings remain within prudent norms

India's outward FDI dips to $3.7 billion in September 2024: RBI data

Singapore emerges as top destination for Indian FDI in Q2

Bank of Maharashtra Q2 results: Net profit up 44% on healthy NII growth

Expects net to cross Rs 5,000 cr for Fy25

India Inc biggies set to invest $800 bn in a decade: S&P Global Ratings

S&P report also flags execution risk, and borrowing heavily for tech with unproven commercial payoff, such as green H2

Up to 65 weak Urban Cooperative Banks to exit turnaround regime by March

PCA will replace the existing SAF from the beginning of the new financial year - Apr 2025. During FY24, 122 UCBs across the country came out of SAF. The number of UCBs stood at 1,470 at end of Mar '25

RBI asks REs to conduct internal risk assessments for terror financing

There is always a likely exposure to elevated ML, TF, and PF risks in an ever-changing business environment and the increasing level of complexities in banking and financial products