banking finance News

Banks to shun Uttar Pradesh sugar mills after Supreme Court order

Sugar mills in Uttar Pradesh are staring at the prospect of being denied working capital finance by banks. (Reuters)

Sugar mills in Uttar Pradesh are staring at the prospect of being denied working capital finance...

Growth path looking slightly easier: Dipak Gupta, Kotak Mahindra Bank
Kotak Mahindra Bank reported a 26% y-o-y rise in net profit in the second quarter.

Majority at RBI wanted rate cut at September review

Reserve Bank of India (RBI) governor Raghuram Rajan went against the majority opinion...

L&T Fin net rises 17% to Rs 181.63 cr

L&T Finance Holdings on Wednesday reported a consolidated net profit of Rs 181.63 crore...

HDFC Q2 net grows 7.2%

Housing Development Finance Corporation (HDFC) on Wednesday reported a 7.2% y-o-y growth...

Kotak Mahindra Bank profit climbs 26% to Rs 445 crore

Kotak Mahindra Bank on Wednesday reported a 26% y-o-y rise in standalone net profit to...
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Indian rupee ends at over one-week high of 61.27 vs US dollar
Extending gains for the fourth straight day, Indian rupee today closed four paise up at over one-wee...
Majority TAC members wanted rate cut, Guv Raghuram Rajan chose status quo
Reserve Bank of India (RBI) Governor Raghuram Rajan turned down the advise of majority of external m...
SBI launches mPassBook facility on its smartphone application
The nation's largest lender State Bank of India (SBI) launched a facility called 'mPassBook' today, ...
South Indian Bank Q2 Net down 40 pc at Rs 76 crore
South Indian Bank had logged net profit of Rs 126.75 crore during the similar quarter in the previou...
At Rs 2,381.5 cr, HDFC Bank net up 20.1%
India’s second largest private sector lender, HDFC Bank, on Tuesday reported...
Liquidity has eased, but no decision on rate cut: Paresh Sukthankar, HDFC Bank
In a conference call with reporters, HDFC Bank deputy MD Paresh Sukthankar...
Indian rupee up 14 paise against dollar in early trade
Maintaining its rising trend for the fourth straight day, the rupee strengthened...
Punjab National Bank Q2 net up 13.81 per cent at Rs 575.34 crore
State-owned Punjab National Bank (PNB) today reported 13.81 per cent increase in net profit at Rs 57...
Rupee gains 5 paise vs dollar, ends at over 1-wk high of 61.31
The Indian rupee gained for the third session today, surging by another five paise against US dollar...
HDFC Bank Q2 profit up 20 per cent at Rs 2,381.5 crore, lags estimates
HDFC Bank today reported a 20 per cent rise in its September quarter net profit...
Indian rupee gains 8 paise against dollar in early trade
Extending its rising streak for the third straight day, the rupee appreciated by 8 paise...
Saradha group chit fund scam: Sudipta Sen sent to judicial custody
Police did not seek his further remand for Sudipta Sen, the chairman of the Saradha Group.
Rupee to dollar: Indian currency falls after Chinese data, Modi reform hopes
Indian rupee trading at 61.30 versus Monday's close of 61.36/37 against US dollar.
OBC follows in SBI footsteps, cuts short-term deposit rates to 7.5%
OBC on Monday trimmed short-term retail deposit rates, the third public sector lender after State Ba...
Cobrapost sting: NABARD chief gives clean chit to co-operative banks
RBI has maintained that no transaction has happened while the sting also does not point to money lau...
Indian rupee jumps 8 paise to end at one-week high of 61.36 vs US dollar
The dollar index was last trading lower by 0.24 per cent against it major global rivals.
RBI or SEBI should create awareness against ponzi schemes: SBI
RBI...or SEBI should begin a major campaign in line with Jago Grahak Jago, says Pratip Chaudhuri.
IDBI Bank plans to raise $350 mn through overseas bonds in the works
The proposed notes will have a maturity of 5.5 years and a pricing guidance of 300 basis points (bps...
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