Bank Holidays September 2024: Banks to remain closed for 12 days in September 2024; Check the full list of bank holidays here
Small finance banks to post advances growth by 25-27% this fiscal; segmental, geographical expansion to drive growth
Bank Holidays in India 2024: Will banks stay shut on Aug 26? Here is a list of bank holidays in August
Speed up loans to street vendors: DFS secretary tells PSBs Under the scheme, 5.34 million applications have been sanctioned while 5.05 million applications have been disbursed amounting to `6,472 crore as… By FE BureauJuly 21, 2023 06:41 IST
Union Bank PAT rises 108% y-o-y on strong loan growth The state-owned bank witnessed an improvement in asset quality in the quarter under review. By Ajay RamanathanJuly 21, 2023 03:15 IST
‘See a prolonged period of steady costs, net interest margins’ L&T Finance Holdings will likely see a prolonged period of steady net interest margins (NIMs) and interest cost even as… By Ajay RamanathanJuly 21, 2023 00:30 IST
RBI asks banks to report all digital frauds, and not just over Rs 1 lakh According to the RBI’s FY23 annual report, even as the overall value of frauds reported by Indian banks halved from… By Piyush ShuklaJuly 21, 2023 00:05 IST
CSB Bank Q1 profit rises 16 pc to Rs 132 crore The Kerala-based private sector lender had posted a net profit of Rs 114 crore in the year-ago period. By PTIJuly 20, 2023 17:45 IST
ICRA revises growth outlook for NBFCs; expects another strong performance in FY24 The NBFC-Retail asset under management (AUM), estimated at around Rs 14 lakh crore as of March 2023, is expected to… By PTIUpdated: July 20, 2023 15:45 IST
Fino Payments looking to upgrade to small finance bank The Navi Mumbai-based company is a subsidiary of Fino Paytech, which is backed by marquee investors such as Bharat Petroleum,… By PTIUpdated: July 20, 2023 15:11 IST
Unified Payments Interface goes international Affluent users, especially corporate executives, may choose to continue to use credit-cards despite the costs. By Ajay RamanathanJuly 20, 2023 03:15 IST
Merged entity enjoys benefit of scale: HDFC Bank chairman HDFC Bank will open 1,500-2,000 branches this fiscal. Of that, 675 will be in semi-urban and rural areas, MD &… By Piyush ShuklaJuly 20, 2023 01:30 IST
Federal Bank board to meet on July 21 to consider share sale to IFC The bank’s board had earlier approved raising up to Rs 4,000 crore in FY24, MD & CEO Shyam Srinivasan told… By FE BureauJuly 20, 2023 00:15 IST
Borrowing cost to fall 10-20 bps: IIFL Home Finance CEO During FY24, IIFL Home Finance will grow its AUM by 18-20% and on an AUM level target a gross bad… By Piyush ShuklaJuly 19, 2023 01:15 IST
Bandhan Bank’s recovery from Covid-19 much slower among peers Advances amounting to Rs 580 crore guaranteed by NCGTC under ECLGS fund, which were treated as standard as on March… By Mithun DasguptaJuly 18, 2023 06:00 IST
RBI showcases frictionless digital loans in minutes to farmers Working on more such tech platforms for digital loans to MSME, personal loans By Prasanta SahuJuly 18, 2023 03:30 IST
Karur Vysya Bank Q1 profit rises 57 pc to Rs 359 cr Total income during the quarter under review increased to Rs 2,216 crore from Rs 1,673 crore in FY23, Karur Vysya… By PTIJuly 17, 2023 17:12 IST
DICGC asks banks to display its logo, QR code on their websites The number of registered insured banks as on March 31, 2023 stood at 2,027, comprising 140 commercial banks. These include,… By PTIJuly 16, 2023 13:47 IST
We have created value for stakeholders: Uday Kotak India growth story and the financial sector evolution and has built an institution on the basic tenets of trust and… By Ajay RamanathanJuly 16, 2023 03:00 IST
Need to sustain twin balance sheet advantage: Sitharaman Speaking at an event in Udupi, the minister said banks are now profitable after having come out of the problem… By FE BureauJuly 15, 2023 02:15 IST
Five-star Business Finance eyes 35% AUM growth for next three years The company had clocked an AUM of Rs 6,915 crore in FY23, compared with Rs 5,067 crore in FY22, registering… By Sajan C KumarJuly 14, 2023 04:30 IST
Excelsoft IPO closing today: Will it deliver a listing pop despite falling GMP? Here’s what the market mood suggests
Delhi student suicide: ‘He slipped and fell, teacher said he did it intentionally’ – Father reveals details of ‘continuous torture’
