Page 62 of Banking

Yes Bank, Yes Bank J C Flowers Asset Reconstruction, J C Flowers Asset Reconstruction, banking news, banking sector

Yes Bank raises its stake in JC Flowers ARC to 9.9 pc

Shares of JC Flowers ARC were transferred from JCF ARC LLC to the bank on October 27, 2023, Yes Bank…

October 28, 2023 20:30 IST

Canara Bank, Canara Bank CEO, Canara Bank news, banking news, financial express

‘Will recover nearly Rs 1,800 crore from written off accounts each quarter’, says Canara Bank CEO

‘Demand is there for corporate loans. Problem at this moment which everybody is talking about is margin stress and interest…

October 28, 2023 15:43 IST

Tamilnad Mercantile Bank says process is on to find new MD & CEO

TMB has reported a 3.4% rise in its net profit at Rs 274 crore for the second quarter of FY24…

October 28, 2023 01:00 IST

IDBI Bank to launch tech platform for credit cards in 3 months

The bank has issued 33,451 credit cards as of September 30. Its market share is negligible at 0.03%.

October 28, 2023 00:45 IST

CSB Bank CASA to remain at 30-31%

The Thrissur-based bank’s CASA ratio fell to 29.3% as on September 30 from 34.3% a year ago. This means that…

October 26, 2023 08:12 IST

Banks, Indian banks, Ajay Manglunia, JM Financial, opinion, oped

Banks’ risk appetite has grown significantly because of post-Covid business environment

Banks must avoid an overdose at all costs.

October 25, 2023 06:00 IST

Private banks struggle with NIM contraction, falling CASA in Q2

The banks are struggling with NIM contraction trending over the last two quarters after lenders began to raise interest rates…

October 25, 2023 04:10 IST

NBFCs may see higher attrition in mid-level staff

With the demerger of Jio Financial Services from itself, Reliance Industries joined the list of large corporates that intend to…

October 25, 2023 03:45 IST

Karur Vysya Bank looks to maintain gross NPA at below 2% level

KVB’s retail growth was similar to last quarter and the majority of the growth has come from mortgages, both residential…

October 25, 2023 02:00 IST

No hurried merger if another bank acquires IDBI Bank

“Time has to be given for the merger of two banks in case a bank wins the bid. Operational details…

October 23, 2023 05:45 IST

credit growth, loan-to-deposit ratio, retail deposit, deposit growth, funding cost, NBFC loans, branch network, Broader Money Supply, interest rates, banking sector

‘See credit cost of nearly 2% by FY24-end’

Private sector lender Bandhan Bank is expecting its credit cost to improve to nearly 2% by the end of current…

Updated: October 24, 2023 07:08 IST

Paytm, One 97 Communications, Paytm Payments Services, PwC, auditor, resignation, appointment, SR Batliboi & Associates, Vijay Shekhar Sharma, stake, Antfin, shareholder

PPBL ‘at farm’ length from One97 Comm, don’t need incremental customers for credit biz growth: Sharma

“For our credit business to grow, we actually do not need incremental consumers on our platforms. It is rather better…

October 21, 2023 19:03 IST

Kotak mahindra, Kotak mahindra bank, Kotak mahindra news, Ashok Vaswani kotak mahindra bank, Ashok Vaswani

‘Global Indian’ Ashok Vaswani to be Kotak Bank CEO & MD

RBI approves appointment for three years.

Updated: October 21, 2023 22:39 IST

CSB Bank PAT rises 10% Y-o-Y on strong loan growth

The bank’s gross advances rose 27% y-o-y to Rs 22,468 crore as on September 30.

October 21, 2023 05:00 IST

RBI begins CBDC pilot in call money market

The Reserve Bank of India (RBI) has begun the wholesale pilot of the central bank digital currency (CBDC) in the…

October 20, 2023 04:30 IST

Credit line on UPI to ensure business sustainability, says Google Pay VP

The company has onboarded ICICI Bank to expand its portfolio of merchant loans.

October 20, 2023 02:45 IST

IndusInd Bank Q2 profit up 22 per cent to Rs 2,202 crore

Total income increased to Rs 13,530 crore during the quarter under review, as against Rs 10,719 crore in the same…

October 19, 2023 13:02 IST

Kiwi plans to partner with 2 more banks by March-end

Kiwi offers ‘credit on UPI’ by partnering with banks to issue RuPay credit cards.

Updated: October 19, 2023 18:07 IST

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‘Do you have Nikhil Kamath’s phone number?’: Bengaluru woman shares mom’s WhatsApp message

Trending News1 hr ago

A Bengaluru woman’s mother went viral after sharing a WhatsApp message asking for Zerodha co-founder Nikhil Kamath’s phone number. Social media users were shocked and even offered to share the billionaire’s number. The woman, Aditi Srivastava, is a NIFT Bengaluru alumna and helps build personal brands on LinkedIn and X.

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