bank
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
Renewable Energy Firms Missing Deadlines To Be Blacklisted For 3-5 Years
Banking - Published date: .
Senior executives, however, pointed out that the encashment of bank guarantee in case of default was always part of the ... Read more
Adani Group Hires Banks To Hold Meetings With Fixed-income Investor
Banking - Published date: .
Adani Group companies said in a stock exchange filing that it faces no material refinancing risk and there is no near-te... Read more
Indian Regulators Aware Of Concerns On Adani Group Issue, Says Sitharaman
Banking - Published date: .
Nirmala Sitharaman told reporters after meeting the central bank's directors in New Delhi, the capital Read more
SBI Has 'well-manageable' Exposure To Embattled Adani Group: CreditSights
Banking - Published date: .
CreditSights pointed out that the country's largest lender has a provision reserves buffer of around 338 billion rupees ... Read more
Bank Of Baroda Q3 Net Up 75%; Exposure To Adani Group Well Below RBI Cap
Banking - Published date: .
Bank management says, exposure to Adani Group well below the ceiling prescribed by RBI under large exposure framework Read more
