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| Name | FY25 Outlook: Banking Leaders On PSU Banks' Future |
| Video Uploader | Video From Business Today |
| Upload Date | This Video Uploaded At 16-05-2024 12:30:07 |
| Video Discription | #psubanks #psubanksstocks #fy25 #banks #businessnews Indian banks, particularly state-owned ones, experienced their best fiscal year in 2024, marked by robust growth and a decade-low in bad loans. SBI expects to maintain a credit growth rate of 14%-16% in the current fiscal year, according to Chairman Dinesh Khara during a post-results conference. The bank reported domestic loan growth of 16.26% and overall growth of 15.24% at the end of March. Debadatta Chand, MD & CEO of Bank of Baroda, expects loan growth of 12%-14% in FY25, stating that the overall scenario is quite positive. Atul Kumar Goel, MD & CEO of PNB, projects a credit growth rate of 11%-12% for FY25. K. Satyanarayana Raju, MD & CEO of Canara Bank, anticipates deposit growth of 10%-11% and believes advances growth may exceed 12%. A.K. Srivastava, MD & CEO of Indian Overseas Bank, forecasts credit growth of 13%-14% this year and expects profit growth to continue in FY25. ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, cryptocurrencies, consumer technology, the world of real estate, bullion, automobiles, start-ups, unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: https://www.facebook.com/BusinessToday twitter: https://twitter.com/business_today Instagram: https://www.instagram.com/business_today/ |
| Category | News & Politics |
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