Union Bank of India mobilises Rs 17.58 cr under Mahila Samman Savings Certificate

Union Bank of India mobilises Rs 17.58 cr under Mahila Samman Savings Certificate

Union Bank of India has mobilised Rs 17.58 crore in 5,653 Mahila Samman Savings Certificate (MSSC) b..

HDFC Bank clocks 15.8% loan growth in Q1

HDFC Bank clocks 15.8% loan growth in Q1

Private sector lender HDFC Bank has posted a loan growth of 15.8% to Rs 16.15 trillion for the fisca..

IDFC First Bank posts 24.5% growth in loans, 44.4% in deposits in Q1

IDFC First Bank posts 24.5% growth in loans, 44.4% in deposits in Q1

IDFC First Bank reported a rise in loans and advances by 24.5% to Rs 1.71 lakh crore for the fiscal ..

RBI seeks to give customers freedom to choose card network

RBI seeks to give customers freedom to choose card network

In order to give customers the freedom to choose, the Reserve Bank of India (RBI) has asked banks an..

76% of Rs 2,000 notes returned to banks: RBI

76% of Rs 2,000 notes returned to banks: RBI

The Reserve Bank of India (RBI) on Monday said 76% of the Rs 2,000 notes have returned to banks sinc..

IDFC, IDFC First Bank boards approve merger ratio

IDFC, IDFC First Bank boards approve merger ratio

After the merger of HDFC Ltd with HDFC Bank, IDFC First Bank is carrying out a similar exercise. The..

Bank of Maharashtra posts strong credit, deposit growth in June quarter

Bank of Maharashtra posts strong credit, deposit growth in June quarter

Bank of Maharashtra has seen a 24.93% jump in credit growth to Rs 1.75 lakh crore for the quarter en..

Bank of Baroda plans to divest 49% stake in credit card arm

Bank of Baroda plans to divest 49% stake in credit card arm

State-owned Bank of Baroda (BOB) plans to sell up to 49% stake in its credit card business arm, BOB ..

Muthoot Microfin plans Rs 1,350-crore IPO

Muthoot Microfin plans Rs 1,350-crore IPO

Muthoot Microfin, the microfinance subsidiary of Muthoot Pappachan group, plans to raise Rs 1,350 cr..

An era in HDFC ends as Deepak Parekh hangs up his boots

An era in HDFC ends as Deepak Parekh hangs up his boots

After 45 years of running HDFC Ltd and overseeing the growth of India’s largest private sector bank ..

Debadatta Chand takes charge as MD & CEO of Bank of Baroda

Debadatta Chand takes charge as MD & CEO of Bank of Baroda

Debadatta Chand has taken charge as the managing director and chief executive officer of Bank of Bar..

Board approves 1 July as effective date of HDFC-HDFC Bank merger

Board approves 1 July as effective date of HDFC-HDFC Bank merger

The boards of HDFC Bank and HDFC on Friday gave their approval to the merger, effective 1 July. The ..

Aim is to create a new HDFC Bank every 4 years: CEO Jagdishan

Aim is to create a new HDFC Bank every 4 years: CEO Jagdishan

HDFC Bank managing director and CEO Sashidhar Jagdishan has a new ambition to chase. The HDFC-HDFC B..

Net profit of state-run banks tripled to Rs 1.04 lakh crore in FY23

Net profit of state-run banks tripled to Rs 1.04 lakh crore in FY23

The profit of public sector banks (PSBs) in the last nine years has tripled to Rs 1.04 lakh crore du..

Post-merger, HDFC to rank as one of world’s most valuable banks

Post-merger, HDFC to rank as one of world’s most valuable banks

The merger of parent HDFC with HDFC Bank will make it one of the world’s most valuable banks, markin..