Karur Vysya Bank attributes record profits to a series of strategic measures taken by the bank

Ramesh Babu B, Managing Director & CEO, The Karur Vysya Bank | Photo credit: KSL While private sector bank Karur Vysya Bank achieved record profitability this quarter, the bank says strategic steps it has taken to control cost of deposits, return on funds and steps for better recovery have helped them achieve this milestone. “In […]

National India has lagged behind in other population groups and credit growth over the past 25 years

The deposit growth of SCBs in semi-urban and urban areas also lies behind the average increase in the population groups, with their deposits that grow 22 times and 26 times in the past 25 years | Photocredit: Prashanth Vishwanathan Loans indicate “Bharat” (National India) and the mobilization of deposits of it appears to have proved […]

Credit-to-deposit ratio in banks remains below 80% because the demand in credit slows down: report

The credit-to-deposit ratio in Indian banks has stayed below 80 percent while the credit decrease in the country remains withhold, according to a report from CareEdge ratings. The report emphasized that although both credit decrease and the deposit growth have increased consecutively, they remain considerably lower than the levels that were seen last year. Deposits […]