Banking & Finance Goldman Sachs names Raghav Maliah as global chairman of investment banking, memo shows Banking & Finance
Yes Bank net profit jumps 50% to Rs 311 crore in Q1FY23 The lender’s net NPA ratio at the end of June was 4.2% versus 5.8% in Q1FY22 and 4.5% in Q4FY22.… By FE BureauJuly 24, 2022 01:45 IST
Kotak Mahindra Bank Q1 net rises 26% as provisions slide Under the Covid resolution framework, the bank had a standard restructured fund-based outstanding of Rs379 crore, amounting to 0.14% of… By FE BureauJuly 24, 2022 01:15 IST
ICICI Bank Q1 profit zooms 50% to Rs 6,905 cr Provisioning coverage ratio on non-performing assets was 79.6 per cent at June 30, 2022. By PTIUpdated: July 23, 2022 18:48 IST
Kotak Mahindra Bank Q1 profit rises 26 pc to Rs 2,071 cr Total income during the April-June quarter of 2022-23 improved to Rs 8,582.25 crore, from Rs 8,062.81 crore in the same… By PTIJuly 23, 2022 14:54 IST
Yes Bank Q1 profit jumps 54 pc on low provisions, interest income growth The slippage included Rs 126 crore from restructured pool, Kumar said, adding this was largely due to one large exposure… By PTIUpdated: July 23, 2022 17:35 IST
Bandhan Bank Q1 net profit soars 138% Gross slippages during the quarter came down on a sequential basis to Rs 1,125 crore, compared with Rs 1,365 crore… By FE BureauJuly 23, 2022 03:00 IST
Fintechs must stick to what their licences permit: Shaktikanta Das “We want to support innovation and at the same time we want the entire ecosystem to grow in an orderly… By FE BureauJuly 23, 2022 02:00 IST
Interview: ‘Still in void left by NBFCs post IL&FS crisis’ ‘There has always been direct exposure of high-net-worth individuals (HNIs ) and ultra HNIs in real estate.’ July 23, 2022 00:30 IST
Digital lending entities should only carry out activities for which they have licenses: Shaktikanta Das “Without permission if they are engaging in activities for which they have no license then it is not acceptable. This… By PTIJuly 22, 2022 18:53 IST
ICICI Bank Q1FY23 results preview: Strong loan momentum to continue, bad loan provisions to rise ICICI Bank is likely to continue witnessing strong growth in loans as well as net profit as the private sector… By Kshitij BhargavaUpdated: July 22, 2022 16:17 IST
IDBI Bank net up 25% as provisions slide Asset quality improved, with the gross NPA ratio falling to 19.9% in Q1FY23 from 20.16% in the previous quarter. The… By FE BureauJuly 22, 2022 03:45 IST
RBL Bank posts Rs 201-crore profit in Q1 The bank’s provisions for the quarter fell 82% on year to Rs 253 crore on the back of improvement in… By FE BureauJuly 22, 2022 00:30 IST
June quarter report card: Bank slippages rise as recast loans exit holiday period Srinivasan Vaidyanathan, chief financial officer, HDFC Bank, said during an investor call that the agri and the wholesale accounts contributed… By Shritama BoseJuly 22, 2022 00:00 IST
Bad loan ratio of banks likely to fall to 5-5.5 pc by March 2024: S&P Global Corporate borrowing is also picking up momentum, with both working-capital needs and capital expenditure-related growth driving demand, it said. By PTIJuly 21, 2022 18:04 IST
SDF now banks’ preferred choice to park surplus cash As successive waves of the Covid-19 pandemic receded and economic conditions showed signs of normalising, the RBI in its February… By Shritama BoseJuly 21, 2022 08:46 IST
Niti Aayog suggests three-step process for full-stack digital banks In the policy paper, the Niti Aayog said upon progression from the sandbox with an initial capital of Rs 20… By FE BureauJuly 21, 2022 06:20 IST
Digital lending norms won’t hurt out products: Suhail Sameer, CEO, Bharatpe Not only do all the three need to be profitable, they need to be profitable at a level where they… By Tushar GoenkaJuly 21, 2022 05:20 IST
Non-banking financial companies: Big data helping serve small loanees New-age NBFCs are using emerging technologies to expand customer base and provide round-the-clock services and support By Sudhir ChowdharyJuly 21, 2022 02:45 IST
‘India cuddling up to China worrisome to us’: Trump’s ex-aide Mick Mulvaney urges US to act before it is too late
Patna Metro successfully completes first trial run; priority corridor between ISBT and Malahi Pakadi nears completion
