Keywords: Loan growth
Kotak Mahindra Bank reported stronger-than-expected quarterly earnings, supported by solid loan expansion and lower provisions for bad debts, highlighting continued momentum in India’s private banking sector. The Mumbai-based lender posted a 13% rise in standalone net profit for the quarter ending......
India’s private lender RBL Bank has reported a significant increase in its quarterly profit, reflecting a strong recovery in credit demand and steady expansion in its lending activity. For the quarter ending March 31, the bank posted a net profit of 2.30 billion rupees, marking a substantial rise......
Canada’s largest lenders are widely expected to deliver another quarter of solid financial results, buoyed by strong performances in capital markets and wealth management. However, analysts caution that slowing loan growth and signs of consumer strain could temper investor enthusiasm, particularly......
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