banking finance News

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.

Kotak Mahindra Bank profit climbs 26% to Rs 445 croreNow, send money to your Facebook friends real time for free
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 R181.63 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...

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...
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Critical resistance of 60.90 needs to be broken for further strength in rupee: Hemal Doshi
Indian rupee opened firmer at 61.20 due to firm Asian currencies...
ATM heist: India's IT sector in unwelcome spotlight
Global banks were already under pressure to step up oversight of back-office functions.
Indian rupee resilient despite global market volatility
Indian rupee is the second biggest gainer against dollar among Asia ex-Japan FX this month.
Indian rupee logs biggest fall in a week vs US dollar
Indian rupee commenced lower from previous close of 54.77 and immediately touched 55.00.
60.60/61.00 and 62.00/62.10 range set to play out for rupee: Anindya Banerjee
We were expecting a sharp rally towards 62.00 handle on spot, on the back of risk-off in the global ...
Overseas business margins under pressure: SBI
State Bank of India today said it would review returns from its foreign and domestic business.
Rupee to dollar: Indian currency trades lower after diesel deregulation, election results
Indian rupee to US dollar trades at 61.22 compared with Friday's 61.44/45 close.
ABN AMRO to cut 400 jobs as profit plunges 17 per cent
The bank announced reorganisation in the commercial and merchant banking divisions.
LIC Housing Fin Q2 rises 10 pc at Rs 341 crore
LIC Housing Finance's net profit in the second quarter ended September 2014 rose by 10 per cent to R...
Vikram Pandit to take stake in Nimesh Kampani's JM Financial, take charge of banking foray
Vikram Pandit and his business partner, Hari Aiyer to buy a 3% equity stake in JM Financial.
Axis Bank net up 18% at Rs 1,611 cr
Bank credits Q2 numbers to 20% jump in interest income, 10% rise in other income
Oriental Bank of Commerce cuts fixed deposit rates by up to 1%
Fixed deposit rate for maturities ranging from 31-45 days has come down to 6 per cent.
Expect rupee to trade with a positive bias towards 60.90/61 in the near term, says Hemal Doshi
Indian rupee opened firmer at 61.68 due to firm Asian currencies...
Beyond the reach of banks, Indians targeted by outlaw fund scams
Saradha ran one of the thousands of unlicensed financial schemes in India.
Forex reserves up $.1.31 bn
Foreign exchange reserves rose by $.1.31 billion in the week ended...
Indian rupee edges up a paisa to end at 54.77 vs US dollar
Indian rupee today closed just paise higher at 54.77 against US dollar on better local equities.
Indian rupee snaps two-day fall, rebounds 39 p vs dollar to end at 61.44
Tracking a recovery in local shares, the Indian rupee today snapped...
Indian rupee, US dollar edges up tracking Asians, shares in focus
US dollar held firm near a 10-month high against a basket of major currencies.
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