CSB Q4 net jumps 3-fold, plans branch network expansion

CSB Q4 net jumps 3-fold, plans branch network expansion

Fairfax-controlled CSB Bank is planning to expand its branch network by 25% every year as it seeks t..

Federal Bank Q4 net up13% at Rs 541 cr

Federal Bank Q4 net up13% at Rs 541 cr

Federal Bank is targeting a credit growth of 15% for the current financial year in a rising interest..

Banks start hiking lending and deposit rates

Banks start hiking lending and deposit rates

Home, car and corporate loans have become costlier with banks raising both their MCLR (marginal cost..

Canara Bank announces dividend as FY22 net doubles

Canara Bank announces dividend as FY22 net doubles

Canara Bank announced dividend of Rs 6.50 per share as net profit in FY22 more than doubled to Rs 5,..

Canara Bank plans to float credit card arm, rope in partner

Canara Bank plans to float credit card arm, rope in partner

State-run Canara Bank is planning to float a credit card subsidiary and is looking to rope in a part..

Inflation and RBI’s roadmap for interest rate hikes

Inflation and RBI’s roadmap for interest rate hikes

The long spell of ultra-low interest rates is over. The Reserve Bank of India (RBI) will have to car..

An afternoon address that shook the markets

An afternoon address that shook the markets

Even as RBI Governor Shaktikanta Das announced in the afternoon of May 4 a sharp hike in repo rate a..

IDBI Bank Q4 net up 35% at Rs 691 cr

IDBI Bank Q4 net up 35% at Rs 691 cr

IDBI Bank had a few roadshows to gauge investor interest in sale of Life Insurance Corporation’s (LI..

India says no to plastic currency

India says no to plastic currency

The Reserve Bank of India (RBI) had planned to print banknotes in the denomination of Rs 10 on plast..

Interest rates on bank loans and deposits to rise

Interest rates on bank loans and deposits to rise

Interest rates on bank loans and deposits are expected to shoot up after the Reserve Bank of India (..

Bank of Baroda cuts interest rate on car loans by 25 basis points

Bank of Baroda cuts interest rate on car loans by 25 basis points

Bank of Baroda on Monday announced a 25 basis points (bps) reduction in its car loan interest rates ..

Yes Bank in wait of investor to set up ARC

Yes Bank in wait of investor to set up ARC

Yes Bank has returned to full-fiscal profitability since 2018-19 but the main issue of moving its ba..

IDFC First Bank Q4 net up 168% to Rs 343 cr

IDFC First Bank Q4 net up 168% to Rs 343 cr

IDFC First Bank has reported a 168% year-on-year jump in net profit to Rs 343 crore in the quarter e..

HDFC ups home loan rate for existing customers

HDFC ups home loan rate for existing customers

Mortgage financier Housing Development Finance Corporation (HDFC) has hiked its home loan interest r..

Indian economy to take 12 years to recoup Covid-19 losses

Indian economy to take 12 years to recoup Covid-19 losses

The shadow of the coronavirus pandemic on the Indian economy is going to last for another 12 years. ..