Canara Bank sells JV stake in Russia to SBI for Rs 121 crore

Canara Bank sells JV stake in Russia to SBI for Rs 121 crore

Canara Bank has sold its stake in Commercial Indo Bank LLC (CIBL) to joint venture partner State Ban..

SBI raises Rs 3,717 crore via AT-1 bonds at 8.25%

SBI raises Rs 3,717 crore via AT-1 bonds at 8.25%

State Bank of India (SBI) has raised Rs 3,717 crore through the issuance of additional tier-1 bonds ..

32 firms get RBI nod to operate as online payment aggregators

32 firms get RBI nod to operate as online payment aggregators

The Reserve Bank of India (RBI) has granted ‘in-principal approval’ to 32 existing payment aggregato..

SBI Q3 net up 68% to Rs 14,205 cr amid strong loan growth

SBI Q3 net up 68% to Rs 14,205 cr amid strong loan growth

State Bank of India (SBI) reported a 68.47% year-on-year jump in net profit to Rs 14,205 crore for t..

PNB Q3 net falls 44% to Rs 629 crore amid aggressive provisioning

PNB Q3 net falls 44% to Rs 629 crore amid aggressive provisioning

Punjab National Bank (PNB) reported a 44% year-on-year drop in net profit to Rs 628.88 crore for the..

Canara Bank Q3 net up 92% at Rs 2,882 cr

Canara Bank Q3 net up 92% at Rs 2,882 cr

Bengaluru-headquartered Canara Bank reported a 92% year-on-year rise in net profit to Rs 2,881.5 cro..

Axis Bank Q3 net up 62% to Rs 5,853 cr

Axis Bank Q3 net up 62% to Rs 5,853 cr

Buoyed by an increase in interest income, a robust growth in advances and a decline in bad loans, Ax..

ICICI Bank Q3 net up 34% at Rs 8,312 cr

ICICI Bank Q3 net up 34% at Rs 8,312 cr

ICICI Bank reported a 34.2% year-on-year rise in its net profit to Rs 8,312 crore for the fiscal thi..

Punjab & Sind Bank Q3 net up 24% to Rs 373 cr

Punjab & Sind Bank Q3 net up 24% to Rs 373 cr

Punjab and Sind Bank reported a 24.07% year-on-year rise in net profit to Rs 373.24 crore for the qu..

HDFC Bank Q3 net up 18.5% at Rs 12,259 crore

HDFC Bank Q3 net up 18.5% at Rs 12,259 crore

HDFC Bank, India’s largest private sector lender, reported an 18.5% year-on-year jump in net profit ..

SBI MD Setty’s tenure extended by 2 years

SBI MD Setty’s tenure extended by 2 years

The government has extended the term of State Bank of India managing director Challa Sreenivasulu Se..

Govt debt rises to Rs 147 trn in Q2

Govt debt rises to Rs 147 trn in Q2

The total government debt increased to Rs 147.19 lakh crore at September-end from Rs 145.72 lakh cro..

Top 50 wilful defaulters owe banks Rs 92,570 cr

Top 50 wilful defaulters owe banks Rs 92,570 cr

The top 50 wilful defaulters in India owed banks Rs 92,570 crore as of March 2022, with Gitanjali Ge..

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Banks to see record credit growth of Rs 19 trillion in FY23: ICRA

Bank credit growth is expected to touch a new high, surpassing the Rs 19 trillion in the current fis..

Punjab & Sind Bank Q2 net up 27% at Rs 278 cr

Punjab & Sind Bank Q2 net up 27% at Rs 278 cr

State-owned Punjab & Sind Bank is getting a makeover under its new managing director and CEO, Sw..