Union Bank of India Q1 net doubles, asset quality improves

Union Bank of India Q1 net doubles, asset quality improves

Union Bank of India more than doubled its net profit in the fiscal first quarter ended June 2023 due..

CSB Bank Q1 net up 15% at Rs 132 crore

CSB Bank Q1 net up 15% at Rs 132 crore

CSB Bank posted a 15% year-on-year rise in net profit to Rs 132.23 crore in the June quarter, led by..

HDFC Bank can now take large exposure in infra projects: CEO

HDFC Bank can now take large exposure in infra projects: CEO

HDFC Bank can take a larger exposure in infrastructure projects as the balance sheet has become bigg..

SBI-led consortium to fund Adani’s Rs 34,000-cr PVC project in Mundra

SBI-led consortium to fund Adani’s Rs 34,000-cr PVC project in Mundra

A consortium of banks led by the State Bank of India (SBI) has agreed to finance a significant part ..

IDFC First Bank looks to raise Rs 2,000 cr in FY24

IDFC First Bank looks to raise Rs 2,000 cr in FY24

Private lender IDFC First Bank is planning to raise Rs 2,000 crore ($243.84 million) in equity capit..

Bank of Maharashtra Q1 net surges 95%, eyes 22% credit growth in FY24

Bank of Maharashtra Q1 net surges 95%, eyes 22% credit growth in FY24

State-run Bank of Maharashtra reported fiscal first quarter net profit of Rs 882.08 crore, up 95.2% ..

HDFC Bank CEO takes pay pack of Rs 10.55 cr in FY23

HDFC Bank CEO takes pay pack of Rs 10.55 cr in FY23

Jagdishan HDFC Bank managing director and CEO Sashidhar Jagdishan took home Rs 10.55 crore as remune..

Deposits hit six-year high amid withdrawal of Rs 2,000 notes

Deposits hit six-year high amid withdrawal of Rs 2,000 notes

The Reserve Bank of India’s withdrawal call of Rs 2,000 notes and the near total return of the curre..

SBI to set up trustee company to manage CDMDF

SBI to set up trustee company to manage CDMDF

State Bank of India (SBI) will set up a trustee company as its wholly-owned subsidiary for managing ..

Public sector banks in real danger of privatisation: AIBOC

Public sector banks in real danger of privatisation: AIBOC

Public sector banks, which play a crucial role in bridging the economic divide in society, are in “r..

Central Bank of India writes off Rs 7,856 cr, Q1 net up 78%

Central Bank of India writes off Rs 7,856 cr, Q1 net up 78%

Central Bank of India’s bad loans fell sharply for the fiscal first quarter ended June 2023 on the b..

HDFC Bank enters $100-bn m-cap club, ranks 7th in world

HDFC Bank enters $100-bn m-cap club, ranks 7th in world

HDFC Bank has entered the exclusive club of companies with a $100 billion market capitalisation, mak..

DICGC’s new directive to banks to spread deposit insurance scheme awareness

DICGC’s new directive to banks to spread deposit insurance scheme awareness

In a bid to spread awareness about the deposit insurance scheme, DICGC, the RBI subsidiary, has dire..

SBI hikes lending rates by 5 basis points

SBI hikes lending rates by 5 basis points

Borrowers will need to pay more towards EMIs as State Bank of India (SBI), the country’s largest len..

PNB moves court, seeks release of Nirav Modi’s properties

PNB moves court, seeks release of Nirav Modi’s properties

State-owned Punjab National Bank (PNB) has filed an application for the release of Nirav Modi's prop..