bank


IDFC First Bank Aims Retail Loan Book Growth Of 25% On Long-term Basis

Banking - Published date: .

IDFC First Bank reported a net profit of Rs 452 crore in 2020-21. There was a net loss of Rs 2,864 crore in FY20. Read more

SBI Scraps Processing Fees, Lists More Offers For Retail Customers

Banking - Published date: .

The country's largest lender State Bank of India on Monday announced a slew of offers for its retail customers ahead of ... Read more

IDFC First Bank Logs Rs 630 Cr Q1 Loss On Higher Covid Provisioning

Banking - Published date: .

Private lender IDFC First Bank on Saturday reported a net loss of Rs 630 crore in the April-June quarter due to provisio... Read more

Yes Bank To Sell Property Of Magnum Solution For Recovery Of Rs 345 Cr

Banking - Published date: .

Yes Bank has invited bids for sale of immovable assets of a borrower, E Commerce Magnum Solution Ltd, to recover dues of... Read more

CARE Downgrades Rating For Lakshmi Vilas Bank's Issued, Proposed Securities

Banking - Published date: .

The 93-year old private sector Lakshmi Vilas Bank (LVB) on Friday said credit rating agency CARE Ratings has downgraded ... Read more

Will Recover Money From LVB, Officials Won't Be Pardoned: Religare Chief

Banking - Published date: .

Religare Enterprises has said its NBFC arm Religare Finvest will be able to fully recover its fixed deposits, with an in... Read more

Canara Bank To Raise Up To Rs 2,000 Cr Equity Capital Through QIPs

Banking - Published date: .

As per the filing, the number of equity shares of the face value of Rs 10 each in one or more tranches with a premium wi... Read more

Canara Bank Raises Rs 1,012 Cr By Issuing Basel III Compliant Bonds

Banking - Published date: .

Canara Bank on Friday said it has raised Rs 1,012 crore by issuing Basel III compliant bonds Read more

NCLAT Sets Aside Insolvency Proceedings Against Sarda Agro Oils

Banking - Published date: .

NCLAT set aside the insolvency proceedings initiated against Sarda Agro Oils citing that claims were filed by the lender... Read more

Union Bank Posts Q1 Net Profit Of Rs 341 Cr, Total Income At Rs 20,487 Cr

Banking - Published date: .

State-owned Union Bank of India on Friday reported a consolidated net profit of Rs 340.95 crore for the first quarter en... Read more

RIL Deploys Rs 35,000 Crore From Jio Stake Sales Into Debt Funds

Banking - Published date: .

The monies have been deployed into ultra-short and money-market funds, and others focused on debt with an average of thr... Read more

Banks Go For Stress Test To Assess The Impact Of Covid-19 On Bad Loans

Banking - Published date: .

Banks have undertaken stress tests to assess the level of non-performing assets caused due to economic slowdown triggere... Read more

YES Banks Needs Up To Rs 13,000 Crore In Equity In 1-2 Years: ICRA

Banking - Published date: .

Reconstituted Board meets on March 26 Read more