banking sector india


HDFC Bank Writes Off Rs 3,100-crore NPAs In The April-June Quarter

Banking - Published date: .

Offloads Rs 1,800 crore of bad loans Read more

SBI Better Positioned To Tackle Any Subsequent Covid-19 Wave: Khara

Banking - Published date: .

SBI is the country's largest lender Read more

HDFC Bank To Buy 4.99% Stake In HDFC ERGO For Rs 1,906 Crore

Banking - Published date: .

The bank has been a distribution partner of the insurer since 2009. Read more

State-owned UCO Bank Looks To Raise Up To Rs 500 Crore

Banking - Published date: .

The board of directors will consider the proposal for raising tier-II capital of up to Rs 500 crore at its meeting sched... Read more

BoB Board Approves Setting Off Losses Against Share Premium Account

Banking - Published date: .

For fiscal year 2020-21, the bank reported a net profit of Rs 828.95 crore, up 52 per cent from Rs 546.18 crore a year a... Read more

IndusInd Bank Plans To Raise Climate Financing To 3.5% In Two Years

Banking - Published date: .

Private sector IndusInd Bank on Saturday said it will reduce carbon emissions to 50 per cent in next four years and rais... Read more

Punjab National Bank Eyes Three-fold Rise In Profit In Fiscal 2022

Banking - Published date: .

Despite Covid-19, the bank's profit surged over five times during the financial year ended March 2021 Read more

PNB To Transfer Bad Loans Worth Rs 8,000 Crore To NARCL

Banking - Published date: .

In current quarter, the bank expects substantial recovery from DHFL, although there are some issues lingering in NCLAT, ... Read more

Canara Bank Gets Board Approval To Raise Up To Rs 9,000 Cr In FY22

Banking - Published date: .

Stock of Canara Bank closed at Rs 161.85 apiece on the BSE, up by 5.37 per cent. Read more

Axis Bank Awaits Nod To Reclassify 3 Promoters As Public Shareholders

Banking - Published date: .

United India Insurance Company, National Insurance Company and New India Assurance Company will be reclassified as publi... Read more

Mumbai Angels Back Cloud-based Neobank Nemo With Undisclosed Funding Amount

Banking - Published date: .

A brainchild of IIM Ahmedabad alumni, Nemo is creating a unique business that aims to empower Indian MSMEs with the fina... Read more

Private Lender Yes Bank Targets Startup Sector, Ties-up With GVFL

Banking - Published date: .

To broaden its services for the start-up sector, the lender Yes Bank has tied-up with GVFL Limited. Read more

Individual Loan Business Continues To Improve In January-March: HDFC

Banking - Published date: .

Loans worth Rs 7,503 crore were assigned to its banking subsidiary. Read more

SBI Payments To Launch YONO Merchant App For Low-cost Payments

Banking - Published date: .

SBI Payments is a subsidiary of India's largest lender State Bank of India Read more

PNB Receives Loan Rejig Requests Of Only Rs 12,000 Crore, Says PNB MD

Banking - Published date: .

Restructuring sought for corporate loans has been worth Rs 9,000 crore Read more