Banking and Finance News

Deposits grew 9.51% YoY to Rs 238.83 lakh crore as on October 17, down 1% on a fortnightly basis. Investments…

On the NSE, shares of Canara Bank closed 3.1% higher at Rs 132.78 on Thursday. This was the last earnings…

On the regulatory front, the bank stated that it is well-positioned to manage potential impacts from the new RBI ECL…

The RBI has also urged banks to credit inward foreign exchange payments to beneficiaries on the same business day if…

The small finance bank reported a year-on-year growth of 5% in its net profit to Rs 35 crore for the…

Experts say that sectors such as pharma, energy and infra give banks the opportunity to get “hard collateral” (such as…

On Monday, the bank reported a net profit of ₹318 crore, up 4.9% year-on-year for the quarter ended September. Net…

ICAI endorses NFRA norm to separate audit from other services.

The company added 53 branches year-on-year, taking the count to 356, with plans to add another 40-50 branches by FY26,…

“Considering the nature of the security, these are quite safe advances. The RBI guidelines to increase the per-borrower exposure cap…

Swaminathan also urged MSME associations to play a greater role in capacity building and in bridging information gaps to help…

Disbursements in the affordable and emerging markets segment increased by 30.7% and 23.0% respectively, contributing 50% of the total retail…

Indian Overseas Bank expects an additional provisioning requirement of around ₹2,800 crore over four years as it transitions to the…

When contacted over email with queries on due diligence and its formal interest in acquiring IDBI Bank, a Kotak spokesperson…

. If RBL succeeds in onboarding these clients into a unified 3-in-1 structure — combining broking, demat, and banking —…