Banks


Banks Not Keen To Fund Vodafone Idea Before Capital Hike: Report

World - Published date: .

Loss-making Indian telecom operator Vodafone Idea has sought at least 70 billion rupees ($846 million) in emergency fund... Read more

Aircraft Leasing At GIFT City Won't Flourish Unless Banks Step Up: Vistara

Banking - Published date: .

Indian banks underwent immense pain in the past decade because of the Indian aviation sector Read more

Major Traders, Banks Cut Business Ties With Russia-backed Nayara: Report

Banking - Published date: .

Nayara per se has not been sanctioned as part of the international response to what Russia calls its 'special military a... Read more

SBICAP Securities Name Deepak Kumar Lalla As Its CEO, Replaces Yadav

Banking - Published date: .

SBICAP Securities named Deepak Kumar Lalla as its managing director and chief executive, replacing Naresh Yadav Read more

DHFL Case: CoC Members Nix Recovery Of Rs 40k Cr, Want Re 1 Ascribed Value

Banking - Published date: .

Some secured creditors of DHFL have filed a petition in SC against NCLAT order, which gives them more money than what th... Read more

Bank Of India Says It Can Absorb Mark-down Of Recapitalisation Bonds

Banking - Published date: .

Lender makes statement as central bank expresses concern at the recapitalisation of state-owned lenders through zero-cou... Read more

RBI Extends Restrictions On Karnataka's Millath Co-Operative Bank Till May

Banking - Published date: .

As per the directions issued first on May 10, 2019, withdrawals were capped at Rs 1,000 from any account. The directions... Read more

SBI Cards Net Profit Rises 84% To Rs 386 Crore In December Quarter

Banking - Published date: .

Its interest income rose by 9 per cent year-on-year to Rs 1,273 crore Read more

CSB Bank Advances Up Nearly 11.5% To Rs 14,827 Cr In Dec Quarter

Banking - Published date: .

Shares of CSB Bank on Monday closed at Rs 237.50 apiece on the BSE, up 0.93 per cent from the previous close Read more

HDFC Bank Ties Up With IPPB To Serve Semi-urban, Rural Areas

Banking - Published date: .

About 90 per cent of IPPB customers reside in rural areas Read more

BBB Invites Applications For Position Of Union Bank Of India MD

Banking - Published date: .

The post of MD and CEO would fall vacant at Mumbai-based Union Bank of India upon retirement of Rajkiran Rai G in May 20... Read more

Unity Small Finance Bank Begins Operations, Paving Way For Merging PMC

Banking - Published date: .

Unity Small Finance Bank, the 51:49 joint venture between Centrum Group and payments app Bharatpe, on Monday launched th... Read more

HDFC Second Quarter Net Profit Rises 32% To Rs 3,780 Crore

Banking - Published date: .

HDFC scrip was trading at Rs 2,901.35 apiece on BSE, up 2.02 per cent from the previous close Read more

Bandhan Bank Gets Empanelled As Agency Bank Of Reserve Bank Of India

Banking - Published date: .

The RBI's decision will help Bandhan Bank in contributing to nation-building, its MD and CEO Chandra Sekhar Ghosh said Read more

HDFC Bank Writes Off Rs 3,100-crore NPAs In The April-June Quarter

Banking - Published date: .

Offloads Rs 1,800 crore of bad loans Read more

SBI Better Positioned To Tackle Any Subsequent Covid-19 Wave: Khara

Banking - Published date: .

SBI is the country's largest lender Read more

HDFC Bank To Buy 4.99% Stake In HDFC ERGO For Rs 1,906 Crore

Banking - Published date: .

The bank has been a distribution partner of the insurer since 2009. Read more

State-owned UCO Bank Looks To Raise Up To Rs 500 Crore

Banking - Published date: .

The board of directors will consider the proposal for raising tier-II capital of up to Rs 500 crore at its meeting sched... Read more

BoB Board Approves Setting Off Losses Against Share Premium Account

Banking - Published date: .

For fiscal year 2020-21, the bank reported a net profit of Rs 828.95 crore, up 52 per cent from Rs 546.18 crore a year a... Read more

IndusInd Bank Plans To Raise Climate Financing To 3.5% In Two Years

Banking - Published date: .

Private sector IndusInd Bank on Saturday said it will reduce carbon emissions to 50 per cent in next four years and rais... Read more