Uncategorized
Bank of India Commemorates Republic Day with Service Initiatives.
The Zonal Office of Bank of India, a prominent public sector bank located on Oppanakkara Road, Coimbatore, is actively engaged in implementing service schemes across various segments. This initiative reflects the bank’s commitment to contribute to the ongoing economic growth and revival of our nation. Ajey Thakur, Zonal Manager and Deputy General Manager, took part […]
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Personal Loan
Private Banks Defy Regulatory Measures, Surge Ahead with Aggressive Expansion in Personal Loan Portfolios Despite RBI’s Risk Weight Hike.
Private banks are aggressively expanding their personal loan portfolios, with major players like ICICI Bank, Kotak Mahindra Bank, and Axis Bank experiencing notable growth rates of 37%, 32%, and 28% year-on-year (yoy), respectively. Despite the Reserve Bank of India (RBI) raising risk weights for unsecured loans, private banks have sustained growth in their personal loan […]
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