PNB launches QIP, eyes Rs 1,800 cr from the issue

PNB launches QIP, eyes Rs 1,800 cr from the issue

Punjab National Bank (PNB) is planning to raise up to Rs 1,800 crore by selling shares to institutio..

IndusInd Bank Q4 net up 190%, provisions fall

IndusInd Bank Q4 net up 190%, provisions fall

Private lender IndusInd Bank has posted a 190.2% year-on-year rise in its standalone net profit for ..

Yes Bank Q4 net loss widens on higher provisions

Yes Bank Q4 net loss widens on higher provisions

A year after being bailed out, private lender Yes Bank has reported a net loss of Rs 3,788 crore in ..

AU Small Finance Bank Q4 net up 38% to Rs 169 cr

AU Small Finance Bank Q4 net up 38% to Rs 169 cr

AU Small Finance Bank reported a 38.1% jump in its net profit for the quarter ended March 2021 to Rs..

RBI guv, small finance banks discuss potential stress on balance sheets

RBI guv, small finance banks discuss potential stress on balance sheets

Reserve Bank of India Governor Shaktikanta Das and top officials of small finance banks on Friday di..

Banks have space to lend Rs 46,000 cr more under ECLGS

Banks have space to lend Rs 46,000 cr more under ECLGS

Banks have space to disburse another Rs 46,000 crore under a government-backed lending programme, ev..

Amitabh Chaudhry gets 3 more years as Axis Bank head

Amitabh Chaudhry gets 3 more years as Axis Bank head

Private sector lender Axis Bank on Thursday said its board has approved the re-appointment of Amitab..

Axis Bank Q4 net at Rs 2,677 cr amid drop in provisions

Axis Bank Q4 net at Rs 2,677 cr amid drop in provisions

Axis Bank has posted a net profit of Rs 2,677 crore for the quarter ended March 2021, a turnaround f..

ICICI Bank Q4 net up 261% at Rs 4,403 cr

ICICI Bank Q4 net up 261% at Rs 4,403 cr

ICICI Bank, India's second largest private sector bank by market capitalisation, has put up impressi..

SBI Card Q4 net up 110% to Rs 175 cr amid asset quality deterioration

SBI Card Q4 net up 110% to Rs 175 cr amid asset quality deterioration

SBI Cards and Payment Services, promoted by the country’s largest lender SBI, has posted a 110% jump..

RBI caps tenure of bank CEOs, MDs to 15 years

RBI caps tenure of bank CEOs, MDs to 15 years

The Reserve Bank of India has restricted the tenure of a bank chief executive officer to 15 years, a..

Axis Bank to load customers with higher charges from 1 May

Axis Bank to load customers with higher charges from 1 May

Axis Bank will load its customers with higher charges on certain services while increasing the minim..

RBI bars American Express, Diners Club from on-boarding new credit card customers

RBI bars American Express, Diners Club from on-boarding new credit card customers

The Reserve Bank of India has restricted American Express Banking Corp and Diners Club International..

Covid cases in 2nd wave biggest challenge to economic recovery: RBI Guv

Covid cases in 2nd wave biggest challenge to economic recovery: RBI Guv

The spurt in Covid-19 infections in the second wave of the pandemic is the single biggest challenge ..

Private banks to get government business

Private banks to get government business

Public sector banks will have to let go of one of their big advantages as the govern..