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HDFC Bank has potential to grow time deposits: CFO Current account, savings account (CASA) deposits rose 15% while the CASA ratio declined to 45.4%. By FE BureauOctober 17, 2022 03:30 IST
2 DBUs of Karnataka Bank begin working The DBUs provide banking products and services to customers in self-service as well as assisted (digital) mode in an efficient,… By PTIUpdated: October 16, 2022 21:18 IST
Fino Payments discussing SFB transition internally; will approach RBI at right time : MD&CEO Rishi Gupta In 2021-22, Fino Payments Bank had posted a net profit of nearly Rs 43 crore, up by 109 per cent… By PTIOctober 16, 2022 17:40 IST
Bank of Maharashtra slashes home loan rate to 8 pc in festive offer The lender has already waived processing fee for its gold, home and car loans under the ‘Diwali Dhamaka’ offer. By PTIOctober 16, 2022 16:39 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… By PTIOctober 16, 2022 12:57 IST
PM Modi to inaugurate 75 digital banking units on Sunday, including 2 of J-K Bank Of the two DBUs of Jammu and Kashmir Bank, one is the SSI branch at Lal Chowk in Srinagar and… By PTIOctober 16, 2022 08:56 IST
HDFC Bank’s net rises 20% As of September 30, 2022, the bank’s distribution network was at 6,499 branches and 18,868 ATMs with 50% of the… By FE BureauOctober 16, 2022 06:00 IST
HDFC Bank posts 22.30 pc jump in Q2 consolidated net at Rs 11,125 cr The overall share of gross non-performing assets improved to 1.23 per cent of the book as against 1.35 per cent… By PTIOctober 15, 2022 14:59 IST
PM Modi to inaugurate 75 digital banking units on October 16, including 2 of J-K Bank As part of the Union budget 2022-23, Finance Minister Nirmala Sitharaman had announced the setting up of the 75 DBUs… By PTIUpdated: October 15, 2022 12:29 IST
HDFC-HDFC Bank merger: NCLT approves shareholders’ meet The merger is expected to be completed by the second or third quarter of FY24, subject to regulatory approvals. By PTIOctober 15, 2022 12:06 IST
Hinduja Leyland Finance to raise Rs 910 cr by allotting shares to QIBs Ashok Leyland (ALL) said its shareholding in HLFL has fallen from 68.8% to 60.43%. “The decrease in our holding in… By FE BureauOctober 15, 2022 00:45 IST
Federal Bank profits up 53% in Q2 on lower provisioning The bank’s net profit stood at 704 crore in Q2FY23 while its provisions declined 9% y-o-y to Rs 268 crore. By FE BureauOctober 14, 2022 15:30 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… By FE BureauOctober 14, 2022 07:45 IST
Bounce rates fall in September despite rising inflation In volume terms, bounce rates fell to 29.27% in September, compared with 29.48% in August, according to data released by… By FE BureauOctober 14, 2022 00:45 IST
Bandhan Bank to raise exposure of secured loans to 70 pc by 2025 Bandhan Bank announced on Thursday it has appointed former Indian cricket captain Sourav Ganguly as its brand ambassador. By PTIOctober 13, 2022 18:08 IST
RBI cancels registration certificates of 8 NBFCs Four NBFCs surrendered their certificates of registration to the RBI, the central bank said in a release. By FE BureauOctober 13, 2022 07:30 IST
No entity to obtain fresh ratings from Brickwork: RBI In its order dated October 6, Sebi highlighted several violations by Brickwork, including failure to follow a proper rating process… By FE BureauOctober 13, 2022 07:12 IST
Extradition can push me to suicide: Nirav Modi India has made assurances relating to prison conditions, health monitoring and proper treatment. “This is an extremely high profile case… By FE BureauOctober 13, 2022 06:00 IST
