IDBI Bank Q4 net up 35% at Rs 691 cr

IDBI Bank Q4 net up 35% at Rs 691 cr

IDBI Bank had a few roadshows to gauge investor interest in sale of Life Insurance Corporation’s (LI..

India says no to plastic currency

India says no to plastic currency

The Reserve Bank of India (RBI) had planned to print banknotes in the denomination of Rs 10 on plast..

Interest rates on bank loans and deposits to rise

Interest rates on bank loans and deposits to rise

Interest rates on bank loans and deposits are expected to shoot up after the Reserve Bank of India (..

Bank of Baroda cuts interest rate on car loans by 25 basis points

Bank of Baroda cuts interest rate on car loans by 25 basis points

Bank of Baroda on Monday announced a 25 basis points (bps) reduction in its car loan interest rates ..

Yes Bank in wait of investor to set up ARC

Yes Bank in wait of investor to set up ARC

Yes Bank has returned to full-fiscal profitability since 2018-19 but the main issue of moving its ba..

IDFC First Bank Q4 net up 168% to Rs 343 cr

IDFC First Bank Q4 net up 168% to Rs 343 cr

IDFC First Bank has reported a 168% year-on-year jump in net profit to Rs 343 crore in the quarter e..

HDFC ups home loan rate for existing customers

HDFC ups home loan rate for existing customers

Mortgage financier Housing Development Finance Corporation (HDFC) has hiked its home loan interest r..

Indian economy to take 12 years to recoup Covid-19 losses

Indian economy to take 12 years to recoup Covid-19 losses

The shadow of the coronavirus pandemic on the Indian economy is going to last for another 12 years. ..

Axis Bank Q4 net up 54% at Rs 4,118 cr

Axis Bank Q4 net up 54% at Rs 4,118 cr

Axis Bank posted a net profit of Rs 4,118 crore in the fiscal fourth quarter ended 31 March, up 54% ..

Bank of Maharashtra Q4 net soars 115% to Rs 355 cr

Bank of Maharashtra Q4 net soars 115% to Rs 355 cr

Bank of Maharashtra will raise Rs 5,000 crore to fund its growth in the current financial year even ..

Mulye to join Aditya Birla Capital as CEO; ICICI Bank makes management changes

Mulye to join Aditya Birla Capital as CEO; ICICI Bank makes management changes

Vishakha Mulye, executive director at ICICI Bank in charge of wholesale loans, is taking over as the..

ICICI Bank Q4 net up 59% at Rs 7,018 cr

ICICI Bank Q4 net up 59% at Rs 7,018 cr

ICICI Bank reported a 59.4% year-on-year jump in net profit to Rs 7,018.71 crore for the fiscal four..

Why Bank of Baroda slashed home loan rate

Why Bank of Baroda slashed home loan rate

After having posted slower growth than its peers for the past few quarters, Bank of Baroda has reduc..

NBFCs can issue credit cards but with RBI nod

NBFCs can issue credit cards but with RBI nod

Non-banking financial companies (NBFCs) can now issue credit cards but will need to get prior permis..

Taming inflation is priority, say MPC members

Taming inflation is priority, say MPC members

Taming inflation will be the Reserve Bank of India’s priority even as the tendency is for it to cros..