Page 74 of Banking

G20 panel to suggest ways to enhance MDB lending: NK Singh

On March 28, G20 India Presidency set up the expert group co-convened by 15th Finance Commission chairman Singh and former…

May 11, 2023 00:15 IST

Axis Bank links RuPay credit cards with UPI

Private sector lender Axis Bank on Tuesday said it has successfully enabled linkage of RuPay credit cards with Unified Payments…

May 10, 2023 03:30 IST

Will appoint CEO for NBFC ops in next 3 months, says Jupiter founder

“We are trying to bring a professional chief executive officer (for the NBFC business). We are already at an advanced…

May 10, 2023 00:30 IST

Banks opt to go slow on fraud classification

Tamilnad Mercantile Bank MD and CEO S Krishnan said when lenders perform forensic audit of an account, they already keep…

May 9, 2023 06:00 IST

Low LTV makes loans against shares unattractive

LAS constitutes a mere 0.05% of overall non-food credit, whereas loans against fixed deposits comprise nearly 1% of non-food credit.

May 9, 2023 01:45 IST

Value of promoter-pledged holding dips to 1.3% in Q4

The value of pledged promoter holdings stood at Rs 1.5 trillion, which is about 0.64% of the total BSE-500 index’s…

May 9, 2023 00:30 IST

UBI Q4 profit zooms 81 pc on higher recoveries from written-off loans

The state-owned lender’s net profit in entire 2022-23 was Rs 8,512 crore as against Rs 5,265 crore a year ago.

May 6, 2023 18:32 IST

The ESGpectations are set

Changing regulatory landscape and investor expectations mean banks can’t delay acting on the ESG front.

May 6, 2023 04:00 IST

BoFA sees 40% cut in earnings estimates

The brokerage noted there were already signs of earnings weakening in the wake of the global slowdown.

May 5, 2023 05:30 IST

Lenders on a war footing to deal with online frauds

An ICICI Bank spokesperson said the lender sends email alerts to customers for every transaction in their accounts and credit…

May 5, 2023 02:15 IST

Five-day working week for banks some time away

Negotiations between the Indian Banks’ Association and the United Forum of Bank Unions have been completed but the proposal has…

May 5, 2023 01:30 IST

‘Aim to reduce GNPA ratio to 3% by fiscal-end’

In an interview with Mithun Dasgupta, Prasad says the bank is looking at a minimum of 25% year-on-year growth in…

Updated: May 4, 2023 07:52 IST

Analysts warn of NIM moderation going ahead

Top private banks report Q4 PAT growth of between 20% and 46%.

May 4, 2023 00:15 IST

‘Our deposit growth will continue to outpace advances’

IDFC First Bank is targeting to reduce its gross non-performing assets (GNPAs) to below 2% in FY24.

May 3, 2023 19:18 IST

Airtel Payments Bank unveils face authentication for Aadhaar-based transactions

Currently, the face authentication feature is available for non-financial transactions such as balance inquiry and mini-statements.

May 3, 2023 02:20 IST

UPI volume, value rise to record highs in April

FASTag transactions in April rose 15% y-o-y to 305 million in April. In terms of value, it 22% y-o-y to…

May 2, 2023 02:35 IST

CSB Bank expects rise in cost-to-income ratio this fiscal

The Kerala-based bank will also add 100 more branches with 50% of these featuring in northern and western regions.

May 2, 2023 02:30 IST

Will be able to maintain NIMs around 5%: RBL MD & CEO Subramaniakumar

“Our overall advances have grown by 17% (Q4FY23) and our retail loans have grown by 21% y-o-y.”

May 2, 2023 02:15 IST

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3 ‘Buy’ recommendations by JM Financial, with up to 35% upside

Sanjay Chalke to take over as Capgemini India CEO

Industry29 min ago

Capgemini has announced that Sanjay Chalke will take over as CEO of its India operations from January 1, 2026, succeeding Ashwin Yardi who will retire and become non-executive chairman. Chalke brings over two decades of leadership experience and will join the group executive committee.

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