Private sector lender YES Bank will continue to grow its deposits faster than lending, MD & CEO Prashant Kumar said in an interaction. He discusses credit demand post the GST rate cuts, asset quality, prospects for acquisition financing and succession plans. Edited excerpts: Deposits continued to grow faster than assets in the second quarter. Will […]
Kotak Mahindra Bank published her preliminary financial figures for the second quarter ending on September 30 and reported a growth on an annual basis (yej) of 14.4% in average total deposits, which were 5.10.138 crore on RS. The bank has also placed a growth of 14.6% JoJ in its average net advances. In the same […]
The Indian rupid fell on Thursday with traders who ran light in front of the Trump-Putin-top, although the upgrade of S&P offered a silver lining. The rupid concluded at 87,5500 against the US dollar, softer than the end of Wednesday of 87,4400, navigated a shocking session that saw him swing between 87,39 and 87.67. With […]