Diabytes
Private sector lenders News
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ICRA group head (financial sector ratings) Karthik Srinivasan said private sector banks face challenges of increasing competitive intensity because of weak credit demand while the buoyant debt capital markets pose challenge of balancing growth and profitability.
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Setting up a tempo for other lenders to follow, HDFC and private sector lender ICICI Bank on Thursday cut home loan rate by 0.15 percent.
In the private banking sector, the government has introduced full fungibility of foreign investment.
United Bank of India and Dhanlaxmi Bank top the list of public and private sector lenders with maximum incidence of bad loans.
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