Latest Articles in Banking Finance
Yes Bank Shares Zoom 9% After Rakesh Jhunjhunwala Buys Stake
The scrip, after a positive opening, further jumped 8.77 per cent to Rs 71.90 on the BSE.
Read More
Rakesh Jhunjhunwala Buys 0.5% Stake In Yes Bank For Rs 87 Crore
According to bulk deal data available with the BSE, Jhunjhunwala purchased 1,29,50,000 shares of the private lender amounting to 0.5 per cent stake of Yes Bank.
Read More
Bank Credit Growth To Moderate To 8.5% In FY20: ICRA
ICRA expects year-on-year credit growth to decline to 6.2-6.8 per cent in FY20 from 13.5 per cent in the last financial year.
Read More
Aegon Life Launches First-Ever Term Plan With Protection And Monthly Income #Notermplanlikethis
It provides the flexibility to choose from three plan options and multiple benefits to the customers.
Read More
HDFC Q2 Net Profit Up 76 Per Cent At Rs 1,749 Crore
Total income (standalone) increased to Rs 13,494.12 crore from Rs 11,256.96 crore a year ago.
Read MoreWhat Steps Taken To Help PMC Bank Depositors, HC Asks RBI
The Enforcement Directorate is investigating the case and has attached the assets of HDIL promoters.
Read More
Yes Bank Shares Plunge 15% After Q2 Net Loss
Total income (consolidated) also slipped to Rs 8,347.50 crore during July-Sept 2019-20, as against Rs 8,713.67 crore.
Read More
Over 3,400 Branches Of 26 PSBs Closed Or Merged In Last 5 Years: RTI
The RTI information came out at a time when the Centre is planning to consolidate 10 PSBs into four mega state-owned lenders.
Read More
Singapore-Based DBS Bank May Acquire 51% Stake In Yes Bank
As per the reports, the Government of Singapore is negotiating with PMO and RBI for DBS to acquire 51 per cent stake in Yes Bank.
Read More
Govt Orders SFIO Probe Against Crisis-hit DHFL
A forensic audit by KPMG has reportedly found massive fund diversion by the promoters.
Read More
Bank Of India Post Rs 266 Crore Profit In Q2
The bank had posted a loss of Rs 1,156.25 crore in the July-September quarter last fiscal.
Read More
Sebi Tightens Norms For Listed Banks On Bad Loan Disclosures
The decision has been taken in consultation with the RBI, the Sebi said in a circular.
Read More
Banks' Payments Revenues To Dent By $9 Billion By 2025: Report
Banks may not be able to garner all the goods for themselves, as the non-bank players become more active in the segment.
Read More
PayU Leads Rs 78 Crore Funding Round In Fisdom
PayU is entering investments and wealth technology as it seeks to move beyond digital payments into broader financial services.
Read More
Syndicate Bank Reports Rs 251 Crore Net Profit In Q2
Total income in the July-September quarter of 2019-20 increased to Rs 6,153.10 crore as against Rs 5,888.87 crore in year-ago period, the bank said in a regulatory filing.
Read More