AU Small Finance Bank Q2 net down 13% amid rise in bad loans

AU Small Finance Bank Q2 net down 13% amid rise in bad loans

AU Small Finance Bank has posted 13% decline in net profit to Rs 279 crore for the fiscal second qua..

Equitas SFB Q2 net down 60% at Rs 41 cr

Equitas SFB Q2 net down 60% at Rs 41 cr

Equitas Small Finance Bank posted a 60% year-on-year fall in net profit to Rs 41.2 crore in the quar..

Shaktikanta Das gets 3 more years as RBI Governor

Shaktikanta Das gets 3 more years as RBI Governor

The government has given Shaktikanta Das three more years to remain as the Reserve Bank of India (RB..

Punjab National Bank CEO’s outlook on asset quality, recoveries and credit growth

Punjab National Bank CEO’s outlook on asset quality, recoveries and credit growth

A fall in bad loans, better recoveries and stronger credit growth is how managing director and chief..

Union Bank home loan rates at all-time low of 6.4%

Union Bank home loan rates at all-time low of 6.4%

The home loan market is seeing intense competition with banks slashing rates to lure customers as de..

Indian Overseas Bank Q2 net up at Rs 376 cr

Indian Overseas Bank Q2 net up at Rs 376 cr

State-run Indian Overseas Bank (IOB), which came out of the RBI’s prompt corrective action (PCA), ha..

Canara Bank expects trend of recoveries outpacing NPA adds to continue

Canara Bank expects trend of recoveries outpacing NPA adds to continue

Bengaluru-headquartered Canara Bank reported a 200% rise in net profit to Rs 1,332.61 crore in the f..

Axis Bank quarterly profit touches new high

Axis Bank quarterly profit touches new high

Axis Bank reported its highest quarterly net profit on the back of elevated loan growth, lower provi..

CSB Bank plans branch expansion in low interest rate regime

CSB Bank plans branch expansion in low interest rate regime

Fairfax-controlled CSB Bank is expanding its branch network to tap into deposits in a low interest r..

Central Bank of India Q2 net up 55% at Rs 250 cr

Central Bank of India Q2 net up 55% at Rs 250 cr

State-owned Central Bank of India reported an over 55% jump in net profit to Rs 250 crore for the qu..

RBI tightens rules for NBFCs

RBI tightens rules for NBFCs

Non-banking financial companies (NBFCs) will be under tighter regulations as the Reserve Bank of Ind..

ICICI Bank posts record quarterly profit

ICICI Bank posts record quarterly profit

ICICI Bank has reported its highest-ever quarterly profit as its assets quality has improved signifi..

Rajneesh Karnatak joins Union Bank of India as ED

Rajneesh Karnatak joins Union Bank of India as ED

Rajneesh Karnatak has joined Union Bank of India as executive director. He comes with a banking expe..

Federal Bank Q2 net surges 50%

Federal Bank Q2 net surges 50%

Kerala-headquartered Federal Bank reported a 50% jump in net profit to Rs 460.26 crore for the fisca..

Yes Bank looks to close ARC partner in 60 days

Yes Bank looks to close ARC partner in 60 days

Private sector lender Yes Bank is expecting to finalise partners for setting up an asset reconstruct..