PB Fintech reports ₹51 crore profit in Q2, overcoming previous losses
PB Fintech, a parent entity that operates insurance aggregator Policybazaar and credit marketplace Paisabazaar, on Tuesday reported a consolidated net
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Category: Banking & Financial Services
CARE Ratings assigns ‘A1+’ rating to Karur Vysya Bank’s short-term fixed deposits
Karur Vysya Bank (KVB) has been assigned an ‘A1+’ rating for its short-term fixed deposits aggregating ₹12,000 crore and an
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Regional Rural Banks may see a fourth round of amalgamation; number of banks likely to come down from 43 to 28
Regional Rural Banks (RRBs) are likely to see a fourth round of amalgamation, with the number of these Banks likely
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Bandhan Group enters IT services with the acquisition of Genisys Group
Bandhan Group (Bandhan Financial Services Ltd) today announced its entry into the Information Technology space with the acquisition of Genisys
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Indian Overseas Bank launches online Re-KYC service for hassle-free updates
Indian Overseas Bank (IOB) has introduced an online Re-KYC service to streamline its clients‘ Know Your Customer (KYC) update process.
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₹2000 note withdrawal: Only 2% remain in circulation
The Reserve Bank of India (RBI) on Monday said 98.04 per cent of the ₹2000 banknotes in circulation as on
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JC Flowers ARC seeks bids to sell ₹2,613 crore of bad loans via Swiss challenge mode
JC Flowers Asset Reconstruction Company (ARC), acting as the trustee for JCF YES Trust, is seeking bids to sell ₹2,613
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Sundaram Finance reports a 7% drop in Q2 profit, H1 profit stays flat
Sundaram Finance recorded a 7 per cent decline in standalone profit after tax (PAT) to ₹340 crore for Q2 ending
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Urban co-op banks’ body to facilitate buying and selling of priority sector loans
To catalyse “cooperation among cooperatives” and ensure that the urban co-operative bank (UCB) sector’s money remains within the sector, the
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HDFC, Axis & Kotak Mahindra Bank seen de-growth in Corporate Loans Q2FY25
Large-size private banks, including HDFC Bank, Axis Bank and Kotak Mahindra Bank, have seen a de-growth in their corporate loan
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