retail loans News

SBI's Stellar Q1 Performance: A 12% Surge in Net Profit to Rs 19,160 Crore Amidst Robust Growth in Deposits and Retail Loans

State Bank of India (SBI) reports a 12% increase in Q1 net profit to Rs 19,160 crore, outperforming estimates. The bank shows significant growth in deposits and retail loans, along...

Arcil's Strategic Shift: Embracing Digital Solutions for Retail Loan Recovery Amid Declining Corporate NPAs

Arcil, India's oldest bad loan company, is pivoting towards retail loans and digital solutions for recovery as corporate NPAs decline. The company is introducing a digital platform...

PNB Strategizes on Corporate and Retail Loans to Accelerate Growth in Key Sectors

Punjab National Bank (PNB) is focusing on corporate and retail loans in sectors like renewable energy and infrastructure to drive growth. With a strong pipeline and competitive rat...

Bank of India Sees 34% Surge in Net Profit Thanks to Retail Loan Boom

Bank of India reports a 34.6% jump in net profit for Q3FY25, driven by a surge in retail loans and improved asset quality. Financials show significant growth in net interest income...

HSBC Predicts Robust 12.5% Credit Growth for Indian Banks by 2024-25

Indian banks are expected to see a 12.5% credit growth in FY25, despite challenges like tight liquidity and GDP slowdown. Retail loans show positive momentum, with significant grow...