bank


Equitas SFB Collaborates With IBM To Build Digital Banking Platform

Banking - Published date: .

Equitas Small Finance Bank has signed an agreement with IBM Consulting to design and build a digital banking platform ai... Read more

CCI Gives Nod To Proposed Merger Of Credit Suisse Group With UBS Group

Banking - Published date: .

Fair-trade regulator Competition Commission of India (CCI) on Thursday cleared the proposed merger of Credit Suisse Grou... Read more

Dish TV Minority Shareholders Seek EGM, Removal Of 2 Independent Directors

Banking - Published date: .

A group of minority shareholders of Dish TV has sent a notice to call an Extraordinary General meeting (EGM) of the dire... Read more

Canara Bank Consolidated Net Profit Jumps 74% To Rs 3,337 Cr In March Qtr

Banking - Published date: .

State-owned Canara Bank on Monday reported a 74 per cent jump in March quarter consolidated net profit to Rs 3,336.51 cr... Read more

TVS Credit To Focus On Enhancing Leveraging Data, Technology For Experience

Banking - Published date: .

Non-banking finance company TVS Credit Services Ltd would emphasize on enhancing customer experience, leveraging data an... Read more

DCB Bank's Net Profit Increases 25% To Rs 142 Crore In March Quarter

Banking - Published date: .

Private sector lender DCB Bank on Friday posted a 25 per cent increase in its net profit to Rs 142 crore in the quarter ... Read more

Fino Payments Bank's Net Profit Jumps 25% To Rs 22.08 Cr In March Quarter

Banking - Published date: .

Fino Payments Bank on Tuesday reported a 25 per cent increase in its post-tax net profit for the March 2023 quarter at R... Read more

JPMorgan's Health Care Venture Arm Makes Fertility Bet In $25 Mn Deal

Banking - Published date: .

The investment comes after a March fund-raise where Kindbody secured $100 million from Perceptive Advisors in a deal tha... Read more

Timeline: Road To First Republic Bank's Collapse; To Be Sold To JPMorgan

Banking - Published date: .

Last week, First Republic reported a more than $100 billion plunge in deposits in the first quarter that sparked a bruta... Read more

CSB Bank Net Profit Rises 19% To Rs 156 Crore As Bad Loans Decline

Banking - Published date: .

Private sector lender CSB Bank on Friday reported 19 per cent rise in net profit at Rs 156 crore for March quarter 2022-... Read more

IndusInd Bank Shares Jump 2% After Robust Q4 Earnings, Stocks Climb 1.90%

Banking - Published date: .

Shares of IndusInd Bank on Tuesday jumped nearly 2 per cent in the late morning trade after the firm registered a 46 per... Read more

Bank Of Maharashtra Reports More Than Double Profit To Rs 840 Cr In Q4

Banking - Published date: .

State-owned Bank of Maharashtra (BoM) on Monday reported a more than two-fold jump in its net profit to Rs 840 crore for... Read more

Lenders Of Reliance Capital To Meet On Monday To Consider Bidders' Concerns

Banking - Published date: .

Ahead of the second round of auction scheduled on April 26, lenders of debt-ridden Reliance Capital (RCap) will meet on ... Read more

Agri-commerce Startup WayCool Looking To Become Rs 6,000-cr Entity By FY25

Banking - Published date: .

IFC-backed agri-commerce startup WayCool Foods is looking to become a Rs 6,000-crore entity by FY25, up from Rs 2,000 cr... Read more

Standard Chartered, Akasa Air Close Operating Lease Of Boeing 737 Max 8

Banking - Published date: .

The first four MAX 8s were delivered between December 2022 and March 2023, the fifth is scheduled for delivery in the se... Read more

UBS Likely To Cut Workforce By 20-30% After Credit Suisse Takeover

Banking - Published date: .

That number of predicted layoffs dwarfs the 9,000 job cuts that Credit Suisse announced before its rescue by UBS last mo... Read more

Bank Of Baroda Raises Interest Rates On Retail Term Deposits By 25 Bps

Banking - Published date: .

Bank of Baroda has increased interest rates on domestic retail term deposits, including NRO and NRE term deposits, by 25... Read more

Bank Of Maharashtra Cuts Home Loan Rate To 8.4% From Existing 8.6%

Banking - Published date: .

State-owned Bank of Maharashtra (BoM) on Sunday announced a reduction in the interest rate on home loans to 8.4 per cent... Read more

Insurtech Firm Turtlefin Acquires Last Decimal To Boost Bancassurance Vertical

World - Published date: .

Turtlefin provides end-to-end tech solutions to enable insurance sales and services and digitize via comprehensive techn... Read more

India's HPCL Faces Challenges Paying For Russian Oil As Banks Baulk: Source

Banking - Published date: .

India's state-run Hindustan Petroleum Corp is facing difficulties in paying for Russian oil imports following a Dec. 5 p... Read more