Category: Banking & Financial Services

TVS Credit records 40 per cent growth in Q2 net profit at ₹134 cr

Posted on October 30, 2023 by filesadmin

Non-banking finance company TVS Credit Services Ltd has posted a profit after tax for the July-September quarter at ₹134 crore

Private banks see strong loan growth in Q2 led by retail, margins under pressure

Posted on October 30, 2023 by filesadmin

Private banks posted another quarter of healthy results in Q2 FY24 on the back of strong growth in retail, MSME

Fincare SFB to merge with AU Small Finance Bank

Posted on October 29, 2023 by filesadmin

AU Small Finance Bank announced the merger of Fincare Small Finance Bank with itself on Sunday night. Confirming businessline’s newsbreak

No passive directors: RBI to bank boards

Posted on October 29, 2023 by filesadmin

In a move to improve accountability of the board of directors, the Reserve Bank of India is asking banks, especially

IDBI Bank sell off: Asset valuer to identify intangibles not on the balance sheet

Posted on October 29, 2023 by filesadmin

The Department of Investment and Public Asset Management (DIPAM) has said that the asset valuer for IDBI Bank will identify

SBI onboards MS Dhoni as brand ambassador

Posted on October 29, 2023 by filesadmin

State Bank of India (SBI) has onboarded Mahendra Singh Dhoni, former Indian cricket team captain, as its brand ambassador. “Dhoni’s remarkable capacity

AU Small Finance Bank reports 17% y-o-y increase in Q2FY24 net profit at ₹402 cr

Posted on October 29, 2023 by filesadmin

AU Small Finance Bank reported a net profit of ₹402 crore in the second quarter (Q2FY24), up 17 per cent

NPS subscribers can now opt for automated periodic withdrawals of 60% corpus

Posted on October 29, 2023 by filesadmin

National Pension System (NPS) subscribers can now opt for automated periodic withdrawal of 60 per cent of their pension corpus

Union Bank of India plans ₹2,000 cr QIP by Dec-end

Posted on October 28, 2023 by filesadmin

A Manimekhalai, MD & CEO, Union Bank of India Union Bank of India (UBoI) plans to raise ₹2,000 crore by

IDFC FIRST Bank reports 35% yoy increase in Q2 net profit at ₹751 Cr

Posted on October 28, 2023 by filesadmin

IDFC FIRST Bank reported a 35 per cent year-on-year (yoy) increase in second quarter standalone net profit at ₹751 crore

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