Category: Banking & Financial Services

SBI Q2FY2024 standalone net profit up 8 pc yoy at Rs 14,330 cr

Posted on November 4, 2023 by filesadmin

Dinesh Kumar Khara, Chairman of SBI | Photo Credit: FRANCIS MASCARENHAS State Bank of India (SBI) reported an 8 per

State Bank of India Q2 consolidated net profit grows 9.13% to ₹16,099 cr

Posted on November 4, 2023 by filesadmin

State Bank of India on Saturday reported a 9.13 per cent growth in consolidated net profit for the September quarter

Rise in 90-day delinquencies for credit cards, personal loans: TransUnion CIBIL

Posted on November 4, 2023 by filesadmin

Balance-level serious delinquencies, measured as 90 dpd (days past due), improved across product categories, except for credit cards and personal loans.

RBI DG proposes training institute for regulation-making

Posted on November 4, 2023 by filesadmin

Reserve Bank Deputy Governor M Rajeshwar Rao called for setting up an institute to train officials involved in regulation and

Maiden auction of 50-year G-Sec receives enthusiastic investor response

Posted on November 3, 2023 by filesadmin

The maiden auction of the 50-year Government Security (G-Sec) on Friday saw enthusiastic bidding from investors, especially insurance companies and

Uco Bank Q2 net down 20.38% at ₹401.67-cr

Posted on November 3, 2023 by filesadmin

Kolkata Public sector lender Uco Bank on Friday reported a 20.38 per cent year-on-year decline in its net profit at

Zurich Insurance to acquire 51% stake in Kotak General Insurance

Posted on November 3, 2023 by filesadmin

Zurich Insurance Company Limited will invest Rs 4,051 crore to acquire a 51 per cent stake in Kotak General Insurance through

Axis Bank to offer cheaper loans for Mahindra Lifespace’s green homes

Posted on November 3, 2023 by filesadmin

Axis Bank has partnered with Mahindra Lifespace Developers, the real estate and infrastructure development arm of the Mahindra Group, to provide cheaper