
The bank had posted a net profit of Rs 1,105 crore in the year-ago period.
The share of state-run banks in total loans and advances dropped from almost 71% in FY16 to about 59% in…
The RBI is exploring the option of implementation of account-based CBDC in wholesale segment and token-based CBDC in retail segment,…
The credit outstanding to industry stood at Rs 32.4 trillion as of September 23, according to the data.
The lender on Friday reported a net profit of Rs 209.3 crore for the second quarter, against a net loss…
The use of big data analytics in the BFSI sector is expected to touch US$ 86.69 billion by 2027, growing…
According to the finance ministry’s guidelines on timely detection, reporting and investigation relating to large-value bank frauds, state-run lenders need…
To ensure that such violations do not occur when firms make financial statements, the NFRA has issued a circular dated…
The net interest margin for the lender stood at 7 per cent for Q2FY23.
Violations with respect to recognising interest expenses on borrowing has been observed by the regulator with respect to several companies.
Money market dealers pointed out the weighted average overnight rates had not topped the marginal standing facility (MSF) rate, of…
SBI Cards’ capital adequacy ratio stood at 23.2%, compared to 25.0% in the year-ago period.
Internal panel wants explicit division from core business; amendments to Banking Regulation Act likely.
The interested parties were earlier supposed to submit written queries by October 28.
V Vaidyanathan, MD & CEO, IDFC First Bank, is optimistic that despite the rise in interest rates, the huge need…
The bank will be revising upwards its interest rates on advances and deposits and also pitching for government business.
“We have tied up with a couple of fintech companies for customer on-boarding, we are working with three more fintechs…
From a regulatory standpoint, Rao said there is a convergence between public and private sector banks.