banking sector


SoftBank Offloads 2% Stake Worth $120 Million In Paytm To Meet SEBI Rules

Banking - Published date: .

This was done in a series of open market transactions since Feb 2023 to comply with Sebi's takeover regulations Read more

JPMorgan CEO Leading Talks For New First Republic Rescue Plan: Report

Banking - Published date: .

A spokesperson for First Republic pointed to an earlier statement where the bank said it was "well-positioned to manage ... Read more

Indian Overseas Bank Dec Quarter Profit Rises 22% To Rs 555 Crore

Banking - Published date: .

State-owned Indian Overseas Bank (IOB) on Thursday reported a 22 per cent growth in its profit at Rs 555 crore in the qu... Read more

ICICI Bank, Axis Bank Likely To Raise Rs 5,000 Cr Each Via Bond Sales

Banking - Published date: .

ICICI likely to issue long-term bonds, Axis mulls infra bond sale Read more

Facilitated Rs 3,600 Cr Loans In Q1FY23, Up 112% QoQ, Says BharatPe

Banking - Published date: .

Helped disbursals to over 120,000 merchants in Q1FY23, up from 66,000 merchants in Q4FY22 Read more

Bandhan Bank's Overall Collection Efficiency Ratio Stands At 96%

Banking - Published date: .

The overall collection efficiency ratio (CER) of private lender Bandhan Bank stood at 96% at the end of FY 2021-22, agai... Read more

Gupshup Acquires Active.Ai To Strengthen Customer Experience Solutions

Banking - Published date: .

Active.Ai serves BFSI customers across 43 countries with conversational banking as a service platform that helps clients... 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

RBI Approves Re-designation Of Rajiv Anand As Axis Bank Deputy MD

Banking - Published date: .

The Reserve Bank of India has approved the re-designation of Rajiv Anand as the Deputy Managing Director of Axis Bank, t... 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

RBI Imposes Curbs On Maharashtra-based Babaji Date Mahila Sahakari Bank

Banking - Published date: .

RBI imposed several restrictions on the Maharashtra-based bank 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 Q2 Net Up 18% To Rs 8,834 Cr, Steady Rise In Interest, Fee Income

Banking - Published date: .

Asset quality is largely stable; Total deposits up 14.4% at Rs 14.06 trillion YoY, advances rise 15.5% to Rs nearly Rs 1... Read more

Yes Bank Posts 3.6% Growth In Advances At Rs 1,72,945 Cr In Sep Quarter

Banking - Published date: .

Yes Bank posts 3.6% growth in advances at Rs 1,72,945 cr in Sep quarter Read more