Kotak Mahindra Bank's deposits grow by 12% in Jan-March quarter despite Yes bank hangover Until Yes Bank's collapse, new-age private banks were seen as preferred entities for several institutions, including government entities, due to competitive interest rates and tech-enabled customer services.
RBI industrial outlook surveys confirm what bank NPA charts have been telling us for long According to an RBI survey, consumer confidence, as measured by the current situation index, in early March 2020 remained broadly close to the all-time low.
Yes Bank crisis, faltering economy weigh heavily on IndusInd Bank. Can it weather the storm? On Friday, global rating agency, Moody’s placed IndusInd Bank's domestic and foreign currency issuer ratings of Baa3/P-3 under review for downgrade. This reflects likely deterioration in asset quality in a worsening economy