BANKING & FINANCE
IOB Welcomes RBI’s Status Quo, Says Move Supports Stable Credit Growth
Indian Overseas Bank (IOB) has welcomed the Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% and maintain its neutral monetary policy stance, saying the move reflects confidence in the resilience of the Indian economy despite an uncertain global environment. The public sector lender said the central bank’s policy would help […]
CW Bureau
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Aug 5, 2026
BANKING & FINANCE
Indian Bank Confident Of Meeting FY27 Asset Quality Targets: MD
State-owned Indian Bank remains confident of achieving its FY27 asset quality and recovery targets, with Managing Director & CEO Binod Kumar indicating that the lender is on track to reduce gross non-performing assets (GNPA) to 1.50-1.60%, while maintaining balanced credit growth without sacrificing margins. Speaking during the bank’s Q1 FY27 earnings call, Kumar said Indian […]
CW Bureau
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Jul 18, 2026
BANKING & FINANCE
Karur Vysya Bank Expects Its Credit Growth Above Industry Level In FY27
The Karur Vysya Bank Ltd expects its credit growth to outpace industry growth by 1-2% during FY27 despite global macroeconomic uncertainties, geopolitical tensions and pressure on margins. The bank expects slippages to remain below 1% of the asset book during FY27, while liquidity coverage ratio (LCR) is projected to remain in the range of 115-120%. […]
CW Bureau
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May 13, 2026
