[ad_1] IDFC First Bank’s net profit for Q3FY25 declined sharply by 52.6% year-on-year (YoY) to ₹339.4 crore, compared to ₹715.7 crore in the same quarter last fiscal year. This decline in profitability was primarily due to higher provisions driven by increased loan slippages. The bank’s net profit came in lower than the CNBC-TV18 poll estimate […]
Union Bank of India expects credit growth of 10-11% for FY25 – CNBC TV18
[ad_1] Srinivasan Varadarajan, Non-Executive Chairman of Union Bank of India, expects credit growth to in the range of 10-11% for FY25. In an interview with CNBC-TV18, Varadarajan said that while credit growth may not surge dramatically, it is expected to stay steady or slightly lower across the banking system in the coming quarters. This is […]