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The bank has issued and allotted Rs 495 crore Additional Tier - 1 (Basel III Compliant) Capital Bonds at a coupon of 8.6 per cent per annum on private placement basis, PNB said in a regulatory filing.

Bandhan Bank Shares Fall Over 7 %

Total income during the period under review rose 38.3 per cent to Rs 2,625 crore from Rs 1,898 crore a year ago

Indian Bank Gets Board Approval To Raise Rs 4,000 Cr From Share Sale

Total income during the quarter under review was Rs 11,421.34 crore, up from Rs 6,505.62 crore in the same period a year ago.

HDFC Bank Stock Falls After Sebi Imposes Rs 1 Cr Fine

Shares of the private lender were trading at Rs 1,453.35 apiece, falling 1.39 per cent over the previous close.

Bandhan Bank Q3 Profit Falls 14 Pc At Rs 633 Cr

Total income during the period under review rose 38.3 per cent to Rs 2,625 crore from Rs 1,898 crore in the same period of 2019-20

Federal Bank Q3 Profit Declines 8 Pc To Rs 404 Cr

Total income, however, improved to Rs 3,941.36 crore during the third quarter as against Rs 3,738.22 crore a year ago, Federal Bank said in a regulatory filing.

Insurers Asked To Adopt One Aspirational District Each, Says IRDAI Chairman

Life insurance penetration in the country is 3.6 per cent of the GDP, way below the global average of 7.13 per cent, and in case of general insurance it is even worse at 0.94 per cent of GDP, as against the world average of 2.88 per cent.

SBI MF Targets To Collect Rs 2,000 Cr From Retirement Scheme

The scheme offers an option to avail Term Insurance of up to Rs 50 lakh on SIPs (systematic investment plan), and a facility for regular cash flows in dividend option which can be used for retirement planning

Bank Of America Hopes For Loan Growth Bounce After Muted Quarter

Net income applicable to common shareholders fell to $5.21 billion, or 59 cents per share, for the quarter ended Dec. 31 from $6.75 billion, or 74 cents per share, a year earlier.

CSB Bank Q3 Net Up 88%, Provisions Also Soar

CSB Bank shares were trading 2.60 per cent up at Rs 237.20 apiece on the BSE at 1443 hrs as against 1.75 per cent gains on the benchmark.

HDFC Bank Shares Gain Over 2 % After Q3 Earnings

The country's largest private sector lender on Saturday reported a 14.36 per cent jump in consolidated net profit to Rs 8,760 crore for the December quarter, driven by a surge in core income.

China's Monetary Policy To Support 2021 Economic Recovery - PBOC Vice Governor

China's weighted average corporate lending rate was 4.61% at the end of 2020, down 51 basis points from a year ago, Chen said, reflecting authorities' goal to bring down borrowing costs for cash-strapped businesses

Drip Capital Surpasses $1 Billion in Cross-Border Trade Receivables Financing Transactions

Banking & Finance PE & VC

The global fintech company provides working capital solutions to small and medium-sized exporters (SMEs) in emerging markets like India and Mexico.

Trump Dropped By Biggest Lender Deutsche Bank For Future Business