Indian banks


Relief Over Counterparty Dilemma With French Move

World - Published date: .

Experts said that the French regulators’ decision to extend the deadline is final and binding on ESMA as well. 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

RBI Asks Banks For Details Of Exposure To Adani Group, Says Report

Banking - Published date: .

India's central bank has asked local banks for details of their exposure to the Adani group of companies, government and... Read more

Gautam Adani In Crisis As Bonds Hits Distressed Levels, Stock Sale Axed

Banking - Published date: .

Banks either want more collateral for loans, or are scrutinizing the value of the company's debt to lend against Read more

Adani Group Poses No Significant Downside Risk To Indian Banks: CLSA

Banking - Published date: .

CLSA said that even though the group's bank debt has increased 25 per cent in the past three years, the share of bank de... Read more

Indian Bankers Collect Bumper Fees From Record $18 Billion In IPOs

Banking - Published date: .

A little over 110 firms ranging from online grocers to food delivery and beauty startups listed their shares in Mumbai t... Read more

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

IndusInd Bank Net Profit Jumps 194% In March Quarter On Low Provisions

Banking - Published date: .

The profit after tax grew to Rs 926 crore, from Rs 315 crore in the year-ago period 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