SBI Chairman Position Interview Postponed
In Mumbai, the eagerly awaited interview to fill the chairman’s seat at the State Bank of India (SBI) has encountered an unexpected setback. Initially slated for Tuesday, the interview has been deferred, as per two individuals familiar with the situation. Late Monday, SBI, India’s largest bank, received notification of the
Banking Sector Records Over ₹3 Trillion in Net Profit for FY24; HDFC Bank, Axis, and Bank of Baroda Emerge as Leading Choices
Indian banks have shown robust earnings growth in the fourth quarter of FY24, primarily driven by healthy loan expansion. Listed banks experienced a boost in net profits, attributed to increased other income and credit growth. However, net interest margins displayed mixed trends, largely influenced by the upward pressure on funding