Page 75 of Banking

Large corporates will never be allowed to open a bank in India, says N Vaghul

In the last round of licensing before it was made on-tap, a slew of corporates had unsuccessfully applied for a…

Updated: May 1, 2023 14:31 IST

The Centre on Saturday appointed Debadatta Chand as managing director and chief executive officer (MD and CEO), Bank of Baroda,…

April 30, 2023 03:45 IST

IDBI Bank’s net profit rises 64% y-o-y in Jan-March on strong NII

The net profit of IDBI Bank rose 64% year-on-year (y-o-y) in the March quarter due to a growth in its…

April 30, 2023 03:30 IST

IDFC First Bank Q4 net profit up 134% y-o-y to Rs 803 crore in Q4

As on March end, the bank’s gross non-performing asset ratio stood at 2.51%, lower than 3.70% a year ago.

April 30, 2023 03:15 IST

RBL Bank PAT up 37% to Rs 271 crore

Lower provisions, higher other income, and robust rise in advances aided bottomline growth in Q4.

April 30, 2023 02:45 IST

Silicon Valley Bank, Silicon Valley Bank news, Silicon Valley Bank latest news, US Federal Reserve

US Federal Reserve faults Silicon Valley Bank execs, itself in bank failure

The report also points out underlying cultural issues at the Fed, where supervisors were unwilling to be hard on bank…

Updated: April 28, 2023 21:49 IST

India Post Payments Bank likely broke even in FY23, says CEO

IPPB was launched on September 1, 2018, with the intent to leverage the massive network of about 155,000 postal branches…

April 28, 2023 05:15 IST

Shivalik Small Finance Bank partners with Arya.ag to empower small farmers

Arya.ag’s digitised processes, AI enabled systems and customised solutions offer us the additional layer of professional assurance we require at…

April 27, 2023 15:57 IST

Yes Bank net profit down 45% on higher provisions

Private sector lender Yes Bank on Saturday reported a 45% year-on-year fall in its net profit for the quarter ended…

April 23, 2023 02:15 IST

fintalk, IBM, financial express, Indian banking space, banking space, Indian banking, central bank digital currencies, digital currencies, central bank, financial services

Fintalk: Transformation in the Indian banking space

From investment to insurance, trading to transferring funds, financial services are tailor-made to suit your requirement and profile.

April 22, 2023 14:28 IST

Finance Bank, RBI, Reserve Bank of India, Bank, Industry

AU Small Finance Bank gets forex-dealing nod

The licence will enable AU Small Finance Bank to open a range of foreign currency-related products to serve the importer-exporter…

April 20, 2023 12:50 IST

Co-lending volumes may hit Rs 1 trillion in FY24

Banks and non-banking finance companies (NBFCs) could sign co-lending deals worth Rs 1 trillion in the current financial year.

April 18, 2023 00:45 IST

Credit card spends rise 47% in FY23

Credit card spends rose 47% year-on-year (y-o-y) to `14 trillion in FY23, driven by a rise in e-commerce and point-of-sale…

April 17, 2023 03:30 IST

NBFC loan growth to stay strong despite funding challenges

The loan growth of NBFCs (non-banking financial companies) is expected to sustain in 2023-24 (April-March) despite challenges over funding.

April 15, 2023 02:15 IST

Explainer: The green deposit framework

Recognising that climate change is one of the most critical challenges in the present era, the Reserve Bank of India…

April 14, 2023 03:45 IST

Top-rated corporates warm up to EBLR loans

With headline inflation numbers easing, many believe that this repo rate hike cycle is nearing its end.

April 14, 2023 02:15 IST

Fino Payments Bank sees 35-40% CASA growth

Fino Payments Bank is eyeing 35%-40% year-on-year (y-o-y) growth in its low-cost current account and savings account (CASA) deposits in…

April 14, 2023 01:15 IST

RBI to stop banks from capitalising penal charges on defaults

The RBI has invited comments from the stakeholders by May 15.

April 13, 2023 01:15 IST

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This Bollywood actress has dethroned SRK, Salman and Amitabh in popularity rankings

Life15 min ago

IMDb, is the go-to source for film, celebrity, and TV content. They released a report on the evolution of Indian cinema from 2000-2025, based on data from over 250 million monthly users. Deepika Padukone emerged as the most viewed Indian star of the last decade, challenging the status quo in a primarily male-dominated industry.

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