PSBs' fresh slippages in FY25 may be lower than pvt peers
Financial Express Mumbai|April 15, 2024
PUBLIC SECTOR BANKS (PSBS) are likely to report lower fresh slippages ratio than private banks in FY25, experts said. Slippages essentially denote fresh bad loans.
PIYUSH SHUKLA

Domestic rating agency ICRA, in its banking outlook for FY25, said PSBs' fresh slippage ratio would be at 1.5% in FY25, against 2.2% for private banks. In FY24, too, PSBS' fresh slippage ratio will likely be at 1.3%, lower than 2% for private banks. "PSBs have performed relatively better, with fresh slippage rate of 1.2% in 9MFY24 compared to 2% for private banks," said Anil Gupta, senior vice-president and co-group head of financial sector ratings at ICRA.

Diese Geschichte stammt aus der April 15, 2024-Ausgabe von Financial Express Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der April 15, 2024-Ausgabe von Financial Express Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS FINANCIAL EXPRESS MUMBAIAlle anzeigen
Financial Express Mumbai

Transparency versus complexity

Meta's latest move to introduce Community Notes a crowdsourcing approach to content moderation - has sparked a debate on whether it will make contextual advertising more effective or add to the noise.

time-read
2 Minuten  |
March 19, 2025
New Zealand PM hopes to seal trade pact with India in 60 days
Financial Express Mumbai

New Zealand PM hopes to seal trade pact with India in 60 days

India and New Zealand have set a deadline of 60 days to wrap up discussions on their free trade agreement (FTA) and a goal to grow bilateral trade tenfold in the next 10 years.

time-read
2 Minuten  |
March 19, 2025
'You have to be smart about where you are lending'
Financial Express Mumbai

'You have to be smart about where you are lending'

Axis Bank MD & CEO Amitabh Chaudhry believes the Citi acquisition has brought the bank more than it had expected in terms of business and retained customers.

time-read
3 Minuten  |
March 19, 2025
President Murmu to Give Away Ramnath Goenka Journalism Awards Today
Financial Express Mumbai

President Murmu to Give Away Ramnath Goenka Journalism Awards Today

A GROUND REPORT from Israel and the West Bank as bombs dropped and residents hunkered down; an investigation into medical colleges across Madhya Pradesh that didn't hold exams for years; the reality of an award-winning athlete's village that lacked basic civic amenities and the fight of champion wrestlers for justice.

time-read
2 Minuten  |
March 19, 2025
Discounts on EVs get bigger
Financial Express Mumbai

Discounts on EVs get bigger

TATA MOTORS, THE biggest passenger EV maker in the country with the widest portfolio, is offering discounts of up to ₹1.86 lakh.

time-read
1 min  |
March 19, 2025
Call on health insurer stake deal by month end: LIC chief
Financial Express Mumbai

Call on health insurer stake deal by month end: LIC chief

LIFE INSURANCE CORPORATION of India (LIC) is likely to announce the acquisition of stake in a standalone health insurance company by the end of the current fiscal, managing director and chief executive officer Siddhartha Mohanty said on Tuesday.

time-read
1 min  |
March 19, 2025
NASA astronauts finally head home after nine months in space
Financial Express Mumbai

NASA astronauts finally head home after nine months in space

NASA astronauts Butch Wilmore and Suni Williams departed the International Space Station early on Tuesday morning in a SpaceX capsule for a long-awaited trip back to Earth, nine months after their faulty Boeing Starliner craft upended what was to be a roughly week-long test mission.

time-read
1 min  |
March 19, 2025
It's raining discounts on EVs
Financial Express Mumbai

It's raining discounts on EVs

WITH DEMAND SLOWING down, carmakers have enhanced discounts on electric and hybrid vehicles.

time-read
2 Minuten  |
March 19, 2025
Trump's 'America First' Policy Isn't 'America Alone': Tulsi Gabbard
Financial Express Mumbai

Trump's 'America First' Policy Isn't 'America Alone': Tulsi Gabbard

US PRESIDENT DONALD Trump's policy of \"America First\" should not be misunderstood as \"America alone,\" as it is similar to Prime Minister Narendra Modi's commitment to \"India first,\" US director of national intelligence Tulsi Gabbard said on Tuesday.

time-read
1 min  |
March 19, 2025
Financial Express Mumbai

Just a dead cat bounce? Opinion is divided

AFTER A 14% correction since September end, benchmark indices have recorded around 2% gains in the past two trading sessions.

time-read
1 min  |
March 19, 2025