State Bank of India (SBI), one of the four large Indian banks with which Facebook-owned WhatsApp, has been working to…
Only two earn a profit; losses mostly from exposures turning bad
The bank earned Rs 323.3 crore in non-interest income during the March quarter, a little over Rs 314.97 crore earned…
It will mirror the industry. There are all early signs of green shoots in the economy, showing that it should…
The resolution professional (RP) for Lanco Teesta Hydro Power on Friday invited expressions of interest (EoIs) for the company from…
The Indian Banks’ Association (IBA) on Thursday invited bids for the appointment of a consulting firm to assess the implementation…
SBI Card, while growing at around 40% over the last few years, has maintained delinquencies between 2.2% and 2.3%, managing…
Axis Bank has put on sale a 600-megawatt (MW) thermal power plant in Madhya Pradesh set up by the Avantha…
IDBI Bank has put on sale its remaining 2.5% stake in the Clearing Corporation of India (CCIL), according to a…
While the Unified Payments Interface (UPI) may not be witnessing exponential growth like earlier, it continues to add two million…
The microfinance institution (MFI)-turned-small finance bank is looking at financing 75-80% of its assets out of deposits in FY19.
The bank will see a 50% growth in revenues in FY19 and expects to break even in another two years,…
We went live with this about four years ago. We do have data centres now in India. We have about…
Bank loans outstanding to corporates rose 6% year-on-year (y-o-y) to Rs 47.5 lakh crore on March 30, 2018. The quantum…
The transition to a bank has resulted in a 110-basis point (bps) drop in AU Small Finance Bank’s cost of…
The provisions have substantially reduced and that has added to profit. There’s no doubt about it. The second is also…
Banks are considering sending a written proposal to RBI to present their case!
State Bank of India (SBI), HDFC Bank and ICICI Bank saw the number of POS terminals deployed fall by 0.4%,…
