loan growth News

Indian Banks Set for Significant Loan Growth and Profit Surge, S&P Global Reports

India's banking sector is experiencing a surge in loan growth and profitability, with public and private banks showing significant net income growth. S&P Global reports highlig...

Bank of India Achieves Stellar 82% Profit Surge in Q4, Targets 12% Loan Growth for FY26

Bank of India reports an 82% surge in Q4 net profit to Rs 2,626 crore, driven by treasury gains and recoveries. The bank eyes 12-13% loan growth in FY26, with a strong capital adeq...

Canara Bank Achieves Stellar 28% Profit Surge to Rs 5,070 Crore in Q4, Marking a Financial Milestone

Canara Bank reports a 28% increase in net profit to Rs 5,070 crore in Q4, driven by growth in other income and recoveries. The bank proposes a 200% dividend and aims for a 10-11% l...

Canara Bank Achieves 28% Profit Surge in Q4, Aims for 11% Loan Growth by FY26

Canara Bank reports a 28% surge in Q4 profit to Rs 5,070 crore, with a strong annual performance and plans for 11% loan growth by FY26, amid improvements in asset quality and non-i...

SBI's Loan Growth Faces Challenges as Companies Opt to Reduce Debt with IPO Proceeds

SBI attributes a slowdown in loan growth to companies using IPO proceeds for debt repayment, adjusting its FY25 credit growth forecast. Despite this, sectors like SMEs and agricult...

South Korea's Loan Growth Hits Record Low Since 2008, Triggered by Global and Domestic Uncertainties

South Korea's loan growth hits a record low since 2008, influenced by global and domestic uncertainties. The annual loan growth rate dropped to 3.8%, with significant impacts on va...