49% of bank deposits are without DICGC insurance cover: Economic Survey

49% of bank deposits are without DICGC insurance cover: Economic Survey

A sizeable chunk of the total deposits held with Indian banks do not have insurance cover under the ..

96% of PMC Bank depositors to get paid upfront, says Unity SFB

96% of PMC Bank depositors to get paid upfront, says Unity SFB

Unity Small Finance Bank said around 96% of depositors having deposits up to Rs 5 lakh will be paid ..

Nothing untoward in RBL Bank’s Q3 results, say analysts

Nothing untoward in RBL Bank’s Q3 results, say analysts

Private sector lender RBL Bank reported  6.15% year-on-year growth in its net profit for the De..

Net profit on track amid higher recoveries and lower NPAs, says PNB chief

Net profit on track amid higher recoveries and lower NPAs, says PNB chief

Punjab National Bank (PNB) said it is on track to achieve a net profit of  Rs 4,000 crore for t..

Bad bank to take in Rs 50,000 cr of stressed loans by March-end

Bad bank to take in Rs 50,000 cr of stressed loans by March-end

India’s bad bank is set to roll out operations after receiving all regulatory approvals and lenders ..

CSB Bank Q3 net up 180% at Rs 148 cr

CSB Bank Q3 net up 180% at Rs 148 cr

Fairfax-promoted CSB reported a 180% year-on-year jump in net profit to Rs 148.26 crore for the thir..

IndusInd Bank Q3 net up 50% at Rs 1,241.55 cr

IndusInd Bank Q3 net up 50% at Rs 1,241.55 cr

IndusInd Bank reported 50% year-on-year growth in its consolidated net profit for the December quart..

Federal Bank Q3 net up 29% at Rs 522 cr

Federal Bank Q3 net up 29% at Rs 522 cr

Kerala-headquartered  Federal Bank has reported  a 29% rise in its net profit to Rs 521.7 ..

The Sad Saga of PMC Bank

The Sad Saga of PMC Bank

Among the three facing crucifixion, the scam-hit Punjab and Maharashtra Co-operative (PMC) Bank has ..

Canara Bank Q3 net doubles to Rs 1,502 cr

Canara Bank Q3 net doubles to Rs 1,502 cr

Canara Bank has reported a 115% year-on-year rise in net profit to Rs 1,502 crore for the fiscal thi..

Govt approves PMC Bank’s merger with Unity SFB

Govt approves PMC Bank’s merger with Unity SFB

The government has approved and notified the merger of the scam-hit Punjab and Maharashtra Co-operat..

Axis Bank Q3 net up 224% at Rs 3,614 cr

Axis Bank Q3 net up 224% at Rs 3,614 cr

Axis Bank reported a 224% jump in its net profit to Rs 3,614 crore for the fiscal third quarter ende..

ICICI Bank Q3 net up 25% at Rs 6,194 cr

ICICI Bank Q3 net up 25% at Rs 6,194 cr

ICICI Bank has reported a 25% year-on-year rise in net profit for the fiscal third quarter ended Dec..

Yes Bank’s ARC plan and Q3 performance

Yes Bank’s ARC plan and Q3 performance

Yes Bank’s crucial step of transferring its entire bad loan book of about Rs 50,000 crore to an asse..

There is no special deal RBI has given us

There is no special deal RBI has given us

Unity Small Finance Bank has become operational but it has come with the baggage of taking over the ..