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Latest Articles in banking

Customer Experience An Integral Part Of Indian Banking, Say Experts At FIBAC 2017

Doyens of the finance and banking industry discussed the importance of the customer journey in the world of banking at a panel discussion during the second day of FIBAC 2017

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Late, But A Good First Step

Rs 2.11 lakh crore in capital to be infused into state-run banks

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SBI Expects Substantial Portion Of Govt Recapitalisation

The government had announced the recapitalise the public sector banks to the tune of Rs 2.11 lakh crore

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Punjab National Bank Q2 Profit Rises, Beats Estimates

Net profit rose to Rs 5.61 billion ($86.87 million) for the quarter ended Sept 30 from Rs 5.49 billion a year earlier, the state-run bank said on Friday

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Rising Expenses Take Shine Off StanChart Profit Rise

Pretax profit jumped 78 per cent from the third quarter of last year to $814 million, higher than the $809 million average of analysts’ estimates

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AU Small Finance Bank PAT Rises To Rs 68 Cr In Jul-Sept

Total income of the bank rose by 41 per cent on yearly basis to Rs 508 crore in the second quarter of FY2017-18

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State Bank Of India Cuts Lending Rates, First Time In 10 Months

RBI is keen for banks to lower lending rates further to accelerate credit growth and private investment in an economy growing at its slowest in more than three years

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IDBI Bank Posts Fourth Straight Quarterly Loss

Net loss came in at Rs 1.98 billion ($30.59 million) in the three months ended September 30, compared with a profit of Rs 555.2 million a year earlier

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Yes Bank Clocks A Consistent 25.1% Growth In Profit In Q2FY18

Yes Bank crosses the Rs 1000 crore revenue for the first time in a quarter in its 13th year of operations

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Kotak Mahindra Bank Second-quarter Profit Rises, Meets Estimates

Net profit rose to Rs 9.94 billion ($152.62 million) in the quarter ended 30 September, from Rs 8.13 billion a year earlier

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PSU Bank Recap Plan 'Monumental Step Forward': Urjit Patel

Urjit Patel in a statement said that a well-capitalized banking system is a pre-requisite for stable economic growth and a monumental step is required in safeguarding India's economic future

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Sensex, Nifty At Historic High Levels; Banks Steal The Show

Banking behemoth SBI rallied 19.47 per cent while private peers ICICI Bank and Axis Bank soared up to 8 per cent in early trade, sending the barometer indices to record high

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HDFC Bank Posts Record Quarterly Profit; Bad Loans Largely Stable

Gross bad loans as a percentage of total loans stood at 1.26 per cent at end-September, versus 1.24 per cent in the previous quarter and 1.02 per cent a year ago

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Govt Likely To Achieve Fiscal Deficit Target Of 3.2% In FY18: SBI

The report however noted that to manage the fiscal deficit, the government needs to cut expenditure substantially

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