Page 44 of Banking

Prior to joining Kotak, he has worked with Overseas Sanmar Financial Limited

The bank’s management has said it expects the run rate of fresh slippages to stabilise in the coming quarters.

Prashant Kumar, MD & CEO, YES Bank, tells Piyush Shukla that the bank will spend Rs 1,000 crore in FY25…

One of his lasting contributions as a leader was democratising the process of management and bringing in transparency.

Average cash withdrawal value rises 6%, micro-ATMs also grow over three times

Fusion largely lends to women MFI borrowers.

IDFC FIRST Bank discloses fourth quarter profits and reduction in NPAs.

On a sequential basis, however, the net profit fell by 23% from Rs 3,193.34 crore, as revenue from operations declined…

The company’s outstanding loan portfolio rose a mere 4% y-o-y to Rs 2.9 trillion as on March 31, due to…

On April 10, Quantum Mutual Fund, a minority shareholder, had objected to the scheme of merger, saying it is “flawed…

Auditors at Big Five firms said that while the profession is under duress, the remuneration paid to the professionals doesn’t…

Our opex expansion is in-line with revenue expansion. Sometimes, you have to invest ahead in the area of technology, he…

Mittal’s comments were part of the IBBI’s January-March 2024 newsletter. The IBBI Chairman said that, on an average, the CIRP…

However, the net interest margins of the lenders remained under pressure due to rising cost of funds.

Banks raised Rs 32,860 crore in April compared to Rs 1.27 trillion in March through CDs, according to Prime Database.