A debt that has been past due and unpaid for a predetermined period is known as a non-performing asset (NPA). As Q1 FY25 results approach, investors with banking stocks should pay attention to non-performing assets (NPAs) of the banks in their portfolios. According to Trendlyne data, several banks, including IndusInd Bank, AU Small Finance Bank, Karnataka Bank, DCB Bank, and Ujjivan Small Finance Bank reported an increase in NPAs during Q1FY25. Here’s a breakdown:
RBI rate cut to support growth; when credit offtake rises, so will deposits: Axis Bank CEO Amitabh Chaudhry
Amitabh Chaudhry of Axis Bank believes India’s growth remains strong despite global issues. He anticipates increased credit demand following rate cuts. Japanese banks’ entry signals