STARTING THE NEW year on a positive note, Bank of Baroda, Bank of India, Yes Bank, and IDFC First Bank reported strong growth in advances and deposits in Q3. The growth in the December quarter was driven by festival-led demand, provisional business updates released by the banks on Friday showed.
Bank of Baroda's domestic advances rose 11.76% year-on-year to ₹9.63 lakh crore in the third quarter against ₹8.62 lakh crore in the December 2023 quarter, the lender said in a stock exchange filing.
この記事は Financial Express Bengaluru の January 04, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Financial Express Bengaluru の January 04, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
OpenAI CFO: Musk shouldn't use legal challenges to compete
OPENAI CHIEF FINANCIAL Officer (CFO) Sarah Friar characterized Elon Musk's legal challenge to stop the ChatGPT maker from becoming a for-profit company as competitive maneuvering.
DPDP Act will be outdated before it's passed
The Act targets entities which are complex adaptive platforms that have embedded AI in their processes. To expect them to adhere to static regulations is a mistake
Tech sector's talent model seen evolving: Infosys CTO
INFOSYS EXPECTS THE way the tech industry manages talent to shift and has already begun experimenting with how this transformation will occur, its chief technology officer Rafee Tarafdar said in an interview.
Banks run Trump 'war rooms' as bosses prepare for trade ructions
JPMORGAN CHASE & Co bankers worked through the night in a \"war room\" to assess the impact of US President Donald Trump's inauguration-day executive orders, while global markets braced for volatility following his return to the White House.
Puri Sees Chances of Higher US Oil Imports
THE US is currently producing around 13 million barrels of oil per day and is likely to add 1.4 million-1.5 million barrels a day into production in the short run.
'Rate-cut cycle unlikely to begin soon unless liquidity improves'
The sluggish deposit growth poses a risk to achieving higher economic growth, says Rajiv Anand, deputy managing director, Axis Bank. In an interview with Sachin Kumar, Anand speaks of the challenges facing the banking sector, including declining credit growth, stress in unsecured loans and tight liquidity. Excerpts:
Mahindra eyes 30% EV portfolio by 2030
MAHINDRA & MAHINDRA aims to make more than a quarter of its portfolio electric by 2030 as India's number two automobile company by market value takes on local and global rivals bolstering their EV line-up in the fast growing segment.
Jio Fin, BlackRock Infuse ₹117 Cr in MF Business
JIO FINANCIAL SERVICES (JFSL) on Tuesday said the company and its joint venture partner US-based BlackRock have infused ₹117 crore in the mutual fund company.
Dollar gains, stocks climb as global markets turn jittery
THE DOLLAR RALLIED on Tuesday and stocks rose as Donald Trump's return to the White House brought mixed messaging on tariffs and highlighted markets' nervousness about the trade policy.
Exporters Can Import Small Diamonds Sans Duty From Apr 1
The government on Tuesday announced a scheme that will allow duty-free import of natural cut and polished diamonds of up to 25 cents or quarter of a carat by exporters to retain India's position as a global leader in the entire diamond value chain, according to a statement.
