Indian Bank plans to kick off subsidiary in FY25

Indian Bank plans to kick off subsidiary in FY25

After getting approval, Indian Bank is working on floating a wholly-owned subsidiary with capital in..

South Indian Bank Q3 net surges, asset quality improves

South Indian Bank Q3 net surges, asset quality improves

Private sector lender South Indian Bank reported a 197.19% rise in net profit to Rs 305.36 core for ..

Central Bank of India Q3 net rises 57% to Rs 718 crore

Central Bank of India Q3 net rises 57% to Rs 718 crore

Central Bank of India posted a 57% jump in its net profit to Rs 718 crore in the fiscal third quarte..

South Indian Bank staffer booked for allegedly siphoning off Rs 28 cr

South Indian Bank staffer booked for allegedly siphoning off Rs 28 cr

An employee of South Indian Bank’s Noida branch has been booked for allegedly siphoning off more tha..

Union Bank of India’s strategic push in FY24

Union Bank of India’s strategic push in FY24

A focus on mobilising low-cost CASA deposits, stubborn protection of margins at 3%, reduction of non..

Bank of Maharashtra, Central Bank of India CEOs get tenure extension

Bank of Maharashtra, Central Bank of India CEOs get tenure extension

The chief executives of Bank of Maharashtra and Central Bank of India have got an extension of term ..

Union Bank of India Q2 net up 90% at Rs 3,511 crore

Union Bank of India Q2 net up 90% at Rs 3,511 crore

Union Bank of India reported a 90% year-on-year jump in net profit to Rs 3,511 crore amid a sharp fa..

Central Bank of India Q2 net up 90% to Rs 605 cr

Central Bank of India Q2 net up 90% to Rs 605 cr

Central Bank of India has posted a 90% year-on-year rise in net profit to Rs 605 crore for the quart..

Google enters retail loan business in India

Google enters retail loan business in India

Google Pay will offer sachet loans for merchants and consumers, a move that it said would help small..

RBI fines Union Bank of India, RBL, Bajaj Finance over regulatory lapses

RBI fines Union Bank of India, RBL, Bajaj Finance over regulatory lapses

The Reserve Bank of India (RBI) has levied penalties on Union Bank of India, RBL Bank and Bajaj Fina..

RBI fines SBI, Indian Bank, Punjab & Sind Bank

RBI fines SBI, Indian Bank, Punjab & Sind Bank

Reserve Bank of India (RBI) has fined three state-owned banks, including SBI, Indian Bank and Punjab..

Former SBI head Rajnish Kumar is Mastercard India chairman

Former SBI head Rajnish Kumar is Mastercard India chairman

Mastercard India has appointed former State Bank of India (SBI) head Rajnish Kumar as its chairman.I..

Bank of India raises Rs 2,000 crore

Bank of India raises Rs 2,000 crore

Bank of India has raised Rs 2,000 crore through tier II bonds at a coupon rate of 7.88%.The amount w..

Russia’s VTB Bank to launch cross-border money transfers to India

Russia’s VTB Bank to launch cross-border money transfers to India

Russia's VTB Bank will launch money transfers in Indian rupees by the end of September.Retail custom..

India’s retail inflation eases to 6.83% in August

India’s retail inflation eases to 6.83% in August

Retail inflation eased to 6.83% in August after touching a 15-month high of 7.44% in July, mainly du..