Page 51 of banking sector

Operations in some public sector banks likely to be hit on Saturday as union members to go on strike

If the strike materialises, a certain section of the Bank’s employees may participate in strike on the said date, in…

Updated: November 17, 2022 16:01 IST

The common reforms agenda includes the need to invest in new-age capabilities and deepen the on-going reforms to respond to evolving customer needs, changing competition and the technology environment.

RRBs may get to adopt reforms agenda meant for larger banks

“There has to be a beginning. RRB modernisation is the need of the hour,” said a senior banker.

November 17, 2022 03:30 IST

“My advice to budding female entrepreneurs is simple- if you genuinely feel the urge- do it. Shed all your fears and give it a shot. No matter what you believe; but trust me darling- we’ve got nothing to lose."

Five Star Business Finance to stick to secured lending segment

“We do not envisage any product change or product diversification as of now. I am a strong believer that as…

November 17, 2022 00:15 IST

RBI Governor asks bankers to be watchful of evolving macroeconomic situation

Besides MD and CEOs of public sector banks and certain private sector banks, the meeting was also attended by Deputy…

November 16, 2022 23:01 IST

Kotak Mahindra Bank cuts 1-year MCLR rate by 20 bps, hikes for other tenors

The MCLR (marginal cost of funds based lending rate) linked loan rates for the benchmark one-year tenor, which is used…

Updated: November 16, 2022 15:07 IST

SBI hikes MCLR by 10-15 bps on some tenures

The lender has increased the MCLR by 85 bps since June.

November 16, 2022 01:45 IST

Market share gap between large and mid-sized banks to grow

While mid-sized lenders like YES Bank had begun to gain market share at a rapid pace, they came under the…

November 15, 2022 01:20 IST

Bank of Maharashtra tops list of PSU lenders in credit growth in Q2

SBI’s total loans were about 17 times higher at Rs 25,47,390 crore as compared to Rs 1,48,216 crore of BoM…

November 13, 2022 12:57 IST

Sundaram Finance, Sundaram Finance interest rate, Sundaram Finance rate

Sundaram Finance to revise interest rates from Nov 16

For the public, the rate on one-year deposits would be 7.15% against the existing 6.65%; for 24 months it would…

November 13, 2022 05:30 IST

SFB deposit growth rate betters credit

Ujjivan Small Finance Bank has also shown a similar trend. Its gross advances rose 44% on year, whereas deposits rose…

Updated: November 11, 2022 07:14 IST

Employees’ strike may hit services on November 19: Bank of Baroda

BoB said that the general secretary of All India Bank Employees’ Association (AIBEA) has served a notice of strike to…

November 9, 2022 03:40 IST

Lenders mull building expertise for ESG financing

Banks intend to draw on expertise from multilateral organizations like the World Wildlife Fund and ADF, and domestic entities like…

November 9, 2022 01:00 IST

New business premium for life insurance industry rises 15.32% in October

New business premium or the first-year premium of private sector life insurance companies in October grew 11% y-o-y to Rs…

Updated: November 8, 2022 11:33 IST

State Bank of India Rating: BUY; Q2 results: healthy asset quality

SBI reported ~75% y-o-y earnings growth, led by operating profits doubling y-o-y. Revenues grew 12% y-o-y with NII growth at…

November 8, 2022 04:20 IST

Nirmala Sitharaman, Nirmala Sitharaman news, Nirmala Sitharaman latest, public sector banks, NPA

Steps to trim NPAs bearing fruit, PSBs’ Q2 profit jumps 50%: FM Nirmala Sitharaman

Following the bad loan crisis, the most significant step announced by the government to tackle the crisis was capital infusion.

November 8, 2022 03:50 IST

Banks may face liquidity crunch as loans outpace deposits

The sharp growth in loans has been due to demand for retail credit and increase in working capital demand among…

November 8, 2022 03:30 IST

Ujjivan SFB posts highest-ever quarterly profit at Rs 294 cr in September quarter

In the July-September period of 2022-23, total income jumped by 63 per cent to Rs 1,139.83 crore as against Rs…

November 7, 2022 18:43 IST

Fall in bad loans, record loan sales push BoB net 59 pc to Rs 3,313 cr in Q2

On a consolidated basis, net profit increased to Rs 3,400 crore from Rs 2,168 crore.

November 5, 2022 20:55 IST

Related News

EPS-95 pension: Govt says no proposal for Rs 7,500 minimum pension as fund faces deficit

EPFO: Govt to hike minimum EPS pension to Rs 7,500 from current Rs 1,000? Labour ministry replies in Parliament

Aadhaar Card Update: Simple step-by-step guide to change your address online without hassle

Aadhaar Card Update: How to change address in Aadhaar Card online in simple steps

Jefferies cement sector India 2025 buy calls UltraTech Ambuja JSW

8 ‘Buy’ recommendations by Jefferies in the cement sector with up to 56% upside

8th Pay Commission DA merger update: Finance ministry breaks silence on basic pay–dearness allowance integration

US Pauses Immigration Processing for 19 Countries

US pauses immigration from 19 countries — Green cards, citizenship on hold. Full list inside

Katrina Kaif’s Kay Beauty hits Rs 350 crore sales: What makes the makeup brand a winner

Life31 min ago

Katrina Kaif’s makeup brand Kay Beauty has achieved a 46% increase in gross sales in just one year, making it one of Nykaa’s top five performing beauty brands. This is a remarkable achievement for celebrity-led beauty brands in India, especially when compared to the struggles faced by other similar brands.

View all shorts