Page 89 of Banking

NPA tag does not remove interest liability: NFRA

To ensure that such violations do not occur when firms make financial statements, the NFRA has issued a circular dated…

October 29, 2022 01:00 IST

Bandhan Bank, Bandhan Bank Q2 Results, Bandhan Bank Net Profit,

Bandhan Bank posts net profit of Rs 209cr in Q2 FY23

The net interest margin for the lender stood at 7 per cent for Q2FY23.

October 28, 2022 19:29 IST

Bank borrowings: NFRA cautions cos against violating norms on recognising interest expenses

Violations with respect to recognising interest expenses on borrowing has been observed by the regulator with respect to several companies.

October 28, 2022 18:16 IST

Bank liquidity deficit tops Rs 80,000 cr

Money market dealers pointed out the weighted average overnight rates had not topped the marginal standing facility (MSF) rate, of…

October 28, 2022 06:15 IST

SBI Card Q2 profit jumps 52%

SBI Cards’ capital adequacy ratio stood at 23.2%, compared to 25.0% in the year-ago period.

October 28, 2022 03:15 IST

RBI reviewing regulation of banks’ non-core business

Internal panel wants explicit division from core business; amendments to Banking Regulation Act likely.

October 28, 2022 02:00 IST

IDBI Bank sale: Last date for submission of queries extended by 13 days

The interested parties were earlier supposed to submit written queries by October 28.

October 28, 2022 01:05 IST

Tamilnad Mercantile Bank profit rises 37%, asset quality improves

The bank will be revising upwards its interest rates on advances and deposits and also pitching for government business.

October 28, 2022 00:15 IST

Karur Vysya eyes 15% credit growth

“We have tied up with a couple of fintech companies for customer on-boarding, we are working with three more fintechs…

October 26, 2022 03:15 IST

Private banks’ profitability soars in Q2 on favourable lending rates

Kotak Mahindra Bank topped the chart in terms of profitability in Q2FY23

October 26, 2022 01:35 IST

Emerging financing trends to boost economic recovery

Experts believe that India’s financial ingenuity is powered by the trinity of technology, innovation and fintech

October 24, 2022 17:00 IST

Two Russian banks open special vostro account for overseas trade in rupee

Gazprombank, or GPB, is a privately-owned Russian lender and the third largest bank in the country by assets.

October 23, 2022 12:35 IST

Kotak Mahindra Bank Q2 profit rises 27 pc to Rs 2,581 cr

On a consolidated basis, the bank reported a 21 per cent rise in its net profit at Rs 3,608 crore…

October 22, 2022 15:43 IST

Yes Bank Q2 profit slips 32% on higher provisions; lender sees challenge in garnering deposits going ahead

The bank had posted a net profit of Rs 225.50 crore for the year-ago same period. In preceding June quarter…

Updated: October 22, 2022 17:00 IST

Fight against inflation will be dogged, prolonged: RBI

The focus of the monetary policy, however, will remain on bringing down retail inflation even as the metric continues to…

October 18, 2022 02:10 IST

SBI cuts savings deposit rate by 5 basis points to 2.70 pc; BoB raises FCNR deposit rates

The revised rates are applicable on fresh and existing FCNR deposits which are renewed on maturity, the lender said.

October 17, 2022 21:40 IST

Shift from ‘phone banking’ to ‘digital banking’ put India on sustained growth path: PM Narendra Modi

The economic progress of a country is directly linked to the strength of its banking system, he said after dedicating…

October 16, 2022 12:57 IST

Bandhan Bank plans to raise secured part of loan book to 70% in 3 yrs

Bandhan Bank on Thursday announced that it has roped in former captain of the Indian cricket team, Sourav Ganguly, as…

October 14, 2022 07:45 IST

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