Federal Bank's March quarter results: Federal Bank reported a consistent net profit of Rs 906 crore in the March 2024 quarter, remaining unchanged from the...

Bank

97.76% of the ₹2000 denomination Banknotes in circulation has since been returned:RBI

PJdesk - 02/05/2024 0

₹2000 denomination Banknotes Reserve Bank of India announced on 2 May 2024 that 97.76% of the ₹2000 banknotes in circulation as of May 19, 2023,...

Bank

ICICI Bank refutes claims of CEO and MD Sandeep Bakhshi intending to resign, labeling the report as ‘baseless’.

PJdesk - 02/05/2024 0

ICICI Bank news update ICICI Bank dismissed The Morning Context report as 'baseless' and 'purely fictitious', which alleged that Sandeep Bakhshi sought to step down...

Bank

KVS Manian carries with him optimism as he is anticipated to embark on a new chapter at Federal Bank following his departure from Kotak...

PJdesk - 01/05/2024 0

KVS Manian transition to Federal Bank Earlier today, KVS Manian resigned as the Joint MD of Kotak Mahindra Bank and reportedly may join Federal Bank....

News

Credit extended by banks to the industrial sector increased by 8.5% in March, while there was a slowdown in personal loans, as per the...

PJdesk - 01/05/2024 0

Credit extended by banks to the industrial sector According to data released by the Reserve Bank on Tuesday, bank credit to the industrial sector saw...

Bank

Five Co-operative Bank imposed monetary penalty by Reserve Bank of India

PJdesk - 30/04/2024 0

RBI imposes monetary penalty on 5 Co-operative Bank Indira Mahila Sahakari Bank Limited, Malegaon, Maharashtra imposed penalty for non-compliance with certain provisions of RBI Directions...

Bank

SBI Card is set to unveil its Q4 results on April 26, with expectations pointing towards a potential decline in profit due to an...

PJdesk - 27/04/2024 0

SBI Cards & Payment Services (SBI Card), a prominent credit card issuer in India, is expected to announce a decrease in its profit for...

News

Yes Bank Q4 results: Witnessing a 123% year-on-year surge, net profit climbs to ₹452 crore, while net interest margins (NIMs) remain stable at 2.4%

PJdesk - 27/04/2024 0

Yes Bank's Q4 Results: On April 27, the Indian private lender Yes Bank reported a remarkable surge in net profit, exceeding analysts' forecasts for...

Bank

Regulators shutter Philadelphia’s Republic First Bank, marking the initial bank collapse in the United States this year

PJdesk - 27/04/2024 0

Republic First Bank Regulators have taken action to close Republic First Bank, a regional financial institution operating in Pennsylvania, New Jersey, and New York. On Friday,...

Bank

IndusInd Bank’s net profit for Q4 surged by 15% to reach Rs 2,349 crore

PJdesk - 26/04/2024 0

IndusInd Bank's result update: On Thursday, private sector lender IndusInd Bank reported a 15% year-on-year (y-o-y) increase, reaching Rs 2,349 crore in its consolidated net...

Bank

Kotak Mahindra Bank share slung 10.03% due to RBI curbs on its new customer acquisition

PJdesk - 25/04/2024 0

Kotak Mahindra Bank news update Kotak Mahindra Bank saw its share price plummet by 10% during early trading on Thursday following punitive measures by the...

Bank

RBI takes significant measures against Kotak Mahindra Bank! The bank is prohibited from issuing new credit cards and digitally onboarding new customers

PJdesk - 24/04/2024 0

RBI takes significant measures against Kotak Mahindra Bank! Serious deficiencies and non-compliances were observed in the areas of IT inventory management, patch and change management,...

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About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

News PJdesk - 19/12/2024 0

According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...

Bank

RBI MPC Update: Repo rate likely to remain unchanged as inflation concerns take precedence

RBI imposes monetary penalty on The Sathamba People’s Co-operative Bank Ltd

Poland Boosts Support to the World Bank’s International Development Association, fund for low-income countries

Credit growth to moderate, asset quality pressure to rise: ICRA

RBI keeps Repo Rate steady at 6.5%, shifts policy stance to “Neutral”

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About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

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