bank


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

Had Toyed Merging With Satyam A Year Before It Went Bust: Anand Mahindra

Banking - Published date: .

The Mahindra Group had toyed with the idea of merging with Satyam Computer Services a year before the Hyderabad-based IT... Read more

Aditya Birla Health Insurance In Bancassurance Partnership With Punjab & Sind Bank

World - Published date: .

This partnership will enable ABHICL to expand its national footprint and reach Punjab & Sind Bank’s widely dis... Read more

Bison Bank Launches Crypto Subsidiary Bison Digital Assets

FinTech - Published date: .

Bison Bank launches crypto subsidiary Bison Digital Assets, licensed by Banco de Portugal, the first virtual assets serv... Read more

Bitso Becomes The First Latin American Company To List Circle's Euro Coin

FinTech - Published date: .

Bitso, the leading financial services company powered by crypto in Latin America, continues its commitment to facilitati... Read more

APS Becomes Channel Partner For Binance Pay

FinTech - Published date: .

Binance has launched an option for its account holders to pay for goods and services through Advanced Payment Solutions ... Read more