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IndusInd Bank share price jumped over 5% after the Reserve Bank of India’s (RBI) officials, including Governor Sanjay Malhotra, commented on the private lender’s recent crisis. IndusInd Bank shares rallied as much as 5.32% to ₹845.85 apiece on the BSE. In its post-monetary policy press conference, RBI Governor Sanjay Malhotra said that the issue at…
IDFC First Bank Dividend: The private sector lender’s board recommends dividend of ₹0.25 per share, subject to the approval of shareholders. The record date of the dividend is not fixed yet. “We wish to inform that the Board of Directors of the Bank at its meeting held today has inter-alia considered and recommended dividend of…
The Indian banking sector is expected to post subdued earnings growth in Q4FY25, driven by modest loan and deposit growth, pressure on net interest margins (NIMs), and rising slippages in unsecured and microfinance segments. However, improved recoveries and regulatory changes may aid credit costs. According to Motilal Oswal Financial Services (MOFSL), net interest income (NII)…
