The state-owned Indian Overseas Bank (IOB) plans to increase its progress in the current FY23 through secular growth in sectors such as retail, micro, small and medium-sized enterprises (MSMEs), and corporate and agricultural credit. The bank’s management does not expect any material impact on the bank’s liquidity or profitability.
- According to the BoE governor, the National Crime Agency is involved in the investigation into the Gupta bank
- SBI’s corporate loan book suggests a change in market dynamics
- Banks need to take better care of vulnerable customers
- Mudra Loan | The center wants banks to focus on mudra lending and expects small borrowers to boost loan demand once the lockdowns ease