Tag: India Banking
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HDFC Bank Q3 Preview: Net Profit Up 11%, NII Remains Healthy
HDFC Bank Q3 Preview: What the Street Expects As India’s largest private sector lender, HDFC Bank is scheduled to announce its Q3 results for FY26, with market expectations centered on an 11% year-on-year rise in net profit and a steady reading on net interest income (NII). Analysts and brokerages weigh a mix of robust core…
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HDFC Bank Q3 Results Preview: Net Profit Up 11%, NII Steady
Overview: What to expect from HDFC Bank’s Q3 FY26 results HDFC Bank, India’s largest private sector lender, is slated to release its third-quarter results for FY26 amid cautious optimism from analysts. The market is closely watching for a rebound in net profit, with brokers estimating an approximate 11% year-on-year rise, and a continuation of healthy…
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Federal Bank Q3 Profit Up 9% on Strong Loan Growth and Asset Quality
Federal Bank posts 9% Q3 profit growth on robust loan momentum Federal Bank has announced a solid set of quarterly results for the quarter ended December, underscoring resilience in a competitive Indian banking landscape. The private sector lender reported a 9% year-on-year (YoY) increase in net profit, supported by strong loan growth, healthier asset quality,…
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SBI share price target: Analysts boost Q2 earnings estimates
Overview: SBI faces a new wave of analyst optimism after Q2 results Shares of State Bank of India (SBI), the country’s largest lender by assets, are gaining attention from the investment community following the bank’s second-quarter results. With a broad consensus among analysts and rising earnings estimates, SBI could see its share price test higher…
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RBI 3-Hour Cheque Clearance: Same-Day Processing Comes to Indian Banks
What the RBI’s 3-Hour Cheque Clearance Means India’s central bank is steering cheque transactions toward a faster, more predictable settlement timeline. The RBI has announced a framework that aims to clear many cheque transactions within about three hours of deposit. This marks a significant shift from the traditional two-day or longer waiting period that many…
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RBI CCS: Cheque Clearing in Hours, Not Days
RBI CCS: Cheque Clearing in Hours, Not Days The Reserve Bank of India (RBI) is rolling out a tech-driven upgrade in cheque processing called the Continuous Cheque Clearing System (CCS). This system aims to replace the traditional, time-consuming cheque clearing with a faster, more predictable timeline. The rollout is being implemented in two phases, with…
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RBI CCS: A Banking Revolution with Real-Time Check Clearing
RBI CCS: A Banking Revolution with Real-Time Check Clearing India’s banking sector is witnessing a transformative leap with the introduction of the Continuous Check Clearing System (CCS) by the Reserve Bank of India (RBI). While widespread digital banking has already brought near-instant transfers and seamless online services, traditional paper checks have lagged behind. CCS bridges…
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India’s Vision for Top PSBs by 2047
Introduction In a bold move to strengthen its banking sector, India has set an ambitious goal to have two Public Sector Banks (PSBs) among the world’s top 20 by the year 2047. This vision reflects the country’s broader aspirations as it looks to modernize its banking infrastructure, enhance corporate governance, and improve customer service. The…