RBI pays Rs 87,416 cr dividend to Centre for FY23

RBI pays Rs 87,416 cr dividend to Centre for FY23

The Reserve Bank of India’s (RBI) board on Friday approved the sum of Rs 87,416 crore as dividend to..

ESAF Bank net profit jumps over four-fold to Rs 302 crore in FY23

ESAF Bank net profit jumps over four-fold to Rs 302 crore in FY23

ESAF Small Finance Bank has reported an over four-fold jump in net profit to Rs 302.33 crore for the..

Banks have Rs 6,521 crore exposure as Go First files for bankruptcy

Banks have Rs 6,521 crore exposure as Go First files for bankruptcy

Just a week after Reserve Bank of India (RBI) Governor Shaktikanta Das said that bad loans of Indian..

UCO Bank records highest-ever net profit for fiscal; to raise Rs 2,000 cr

UCO Bank records highest-ever net profit for fiscal; to raise Rs 2,000 cr

State-owned UCO Bank has reported its highest-ever net profit for a full-fiscal year and is planning..

Axis Bank slips to Q4 net loss of Rs 5,728 cr on Citi buy

Axis Bank slips to Q4 net loss of Rs 5,728 cr on Citi buy

The acquisition of Citibank’s consumer business in India has pulled down Axis Bank’s results with th..

IndusInd Bank Q4 net up 50 per cent at Rs 2,040 cr

IndusInd Bank Q4 net up 50 per cent at Rs 2,040 cr

IndusInd Bank has reported a 50% year-on-year jump in standalone net profit to Rs 2,040.51 crore for..

Bank of Maharashtra Q4 net soars; to add 200 branches in FY24

Bank of Maharashtra Q4 net soars; to add 200 branches in FY24

Bank of Maharashtra is planning to add 200 branches in the current financial year even as it has see..

HDFC Bank mulls raising Rs 50,000 crore in FY24

HDFC Bank mulls raising Rs 50,000 crore in FY24

HDFC Bank will consider raising Rs 50,000 crore through bonds over the next 12 months on a private p..

Canara Bank sells JV stake in Russia to SBI for Rs 121 crore

Canara Bank sells JV stake in Russia to SBI for Rs 121 crore

Canara Bank has sold its stake in Commercial Indo Bank LLC (CIBL) to joint venture partner State Ban..

SBI raises Rs 3,717 crore via AT-1 bonds at 8.25%

SBI raises Rs 3,717 crore via AT-1 bonds at 8.25%

State Bank of India (SBI) has raised Rs 3,717 crore through the issuance of additional tier-1 bonds ..

32 firms get RBI nod to operate as online payment aggregators

32 firms get RBI nod to operate as online payment aggregators

The Reserve Bank of India (RBI) has granted ‘in-principal approval’ to 32 existing payment aggregato..

SBI Q3 net up 68% to Rs 14,205 cr amid strong loan growth

SBI Q3 net up 68% to Rs 14,205 cr amid strong loan growth

State Bank of India (SBI) reported a 68.47% year-on-year jump in net profit to Rs 14,205 crore for t..

PNB Q3 net falls 44% to Rs 629 crore amid aggressive provisioning

PNB Q3 net falls 44% to Rs 629 crore amid aggressive provisioning

Punjab National Bank (PNB) reported a 44% year-on-year drop in net profit to Rs 628.88 crore for the..

Canara Bank Q3 net up 92% at Rs 2,882 cr

Canara Bank Q3 net up 92% at Rs 2,882 cr

Bengaluru-headquartered Canara Bank reported a 92% year-on-year rise in net profit to Rs 2,881.5 cro..

Axis Bank Q3 net up 62% to Rs 5,853 cr

Axis Bank Q3 net up 62% to Rs 5,853 cr

Buoyed by an increase in interest income, a robust growth in advances and a decline in bad loans, Ax..