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Can you bank on small finance banks to help your money grow?
Small finance banks are able to provide higher returns as compared to larger banks due their low overhead costs
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12 SFBs currently operational
Interestingly, in its Trends and Progress report for 2022-23, the RBI has said that the consolidated balance sheet of SFBs expanded at a pace faster t
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Get more from HDFC Bank’s special FD scheme
If you are planning to invest in FDs, HDFC Bank has introduced two special FD schemes that offer attractive interest rates
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Parking money in small finance banks: Know the math
All SFBs come under strict RBI guidelines and are monitored by the central bank like any other big commercial bank.
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Nothing to hide: AU Bank on top-level exits
Bank's gross non-performing assets (NPAs) or the bad loans were 4.3% of the gross advances as on June 30, 2021. The net NPAs were at 2.3%.
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AU Small Finance Bank scrip tanks 13% on another top-level exit
According to reports bank’s internal audit head, Sumit Dhar has put in his papers. It would the third exit from the bank since March 2021.
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AU Small Fin Bank posts 15% rise in net profit to Rs 203 crore for June quarter
Its total income during April-June 2021 rose 11% to Rs 1,538 crore, compared with Rs 1,410 crore in the year-ago period
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Trading ideas: 6 stock recommendations for August 5
The MPC, a six-member team headed by RBI governor Shaktikanta Das, had left the rates unchanged last time, citing concerns about inflation.
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Trading ideas: 6 stock recommendations for Monday
Anand Rathi Share and Stock Brokers recommended Bluestar with a target price of Rs 850 ,
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These lenders may benefit from FM's relief package
Government will guarantee banks to lend to NBFC- MFIs for on-lending to their small microfinance borrowers
