SBI Cards Q1 net down 5% as delinquencies rise

SBI Cards Q1 net down 5% as delinquencies rise

SBI Cards and Payment Services reported a 5% fall in its net profit to Rs 593 crore in the June quar..

Indian Bank Q1 net up 41% at Rs 1,709 crore

Indian Bank Q1 net up 41% at Rs 1,709 crore

State-owned Indian Bank reported a 41% year-on-year rise in net profit to Rs 1,709 crore for the Jun..

Banks recovered Rs 10 lakh cr from defaulters in last nine years

Banks recovered Rs 10 lakh cr from defaulters in last nine years

Banks have recovered over Rs 10 lakh crore from bad loans during the last nine financial years betwe..

PNB Q1 net jumps four-fold to Rs 1,255 cr

PNB Q1 net jumps four-fold to Rs 1,255 cr

Punjab National Bank’s fiscal first quarter net profit rose four times to Rs 1,255.4 crore due to a ..

Axis Bank Q1 net up 40% to Rs 5,797 crore

Axis Bank Q1 net up 40% to Rs 5,797 crore

Private sector lender Axis Bank reported a 40% rise in net profit to Rs 5,797.10 crore for the quart..

PNB not to divest more stake in PNB Housing Finance, says CEO Goel

PNB not to divest more stake in PNB Housing Finance, says CEO Goel

Punjab National Bank (PNB) said it has no plans to divest any more stake in PNB Housing Finance Ltd,..

Banks write-off Rs 2.09 lakh crore of bad loans in FY23

Banks write-off Rs 2.09 lakh crore of bad loans in FY23

Banks in India wrote off bad loans worth over Rs 2.09 lakh crore during the fiscal year ended March ..

Canara Bank top lender to public sector companies in FY23

Canara Bank top lender to public sector companies in FY23

Even as public sector banks lent Rs 4.12 trillion to government-backed entities in FY23, Canara Bank..

Canara Bank Q1 net up 75% at Rs 3,535 crore

Canara Bank Q1 net up 75% at Rs 3,535 crore

Canara Bank posted a 75% year-on-year rise in net profit to Rs 3,534.8 crore for the fiscal first qu..

ICICI Bank Q1 net up 40% at Rs 9,648 cr

ICICI Bank Q1 net up 40% at Rs 9,648 cr

ICICI Bank reported a 39.7% year-on-year rise in net profit to Rs 9,648 crore for the quarter ended ..

How Union Bank of India is empowering ‘Her’ and ‘Him’

How Union Bank of India is empowering ‘Her’ and ‘Him’

Union Bank of India’s ‘Empower Her and Empower Him’ programme, which completed one year, is encourag..

Yes Bank Q1 net up 10% to Rs 342.5 cr

Yes Bank Q1 net up 10% to Rs 342.5 cr

Yes Bank reported a 10.26% year-on-year rise in its standalone net profit to Rs 342.52 crore for the..

Union Bank of India to sell 8 bad loan accounts worth Rs 3,000 cr to NARCL

Union Bank of India to sell 8 bad loan accounts worth Rs 3,000 cr to NARCL

Union Bank of India has identified eight stressed accounts worth Rs 3,000 crore to be sold in the cu..

Room for repricing of loans to help protect NIM, says Union Bank of India CEO

Room for repricing of loans to help protect NIM, says Union Bank of India CEO

Repricing of assets and a strong pipeline of loan proposals will help Union Bank of India to protect..

South Indian Bank Q1 net up 75% to Rs 202 cr

South Indian Bank Q1 net up 75% to Rs 202 cr

Thrissur-based South Indian Bank posted a 75% year-on-year rise in net profit for the fiscal first q..