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

₹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,...

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

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...

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

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....

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...

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...

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

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...

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

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

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%

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...

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

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,...

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

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...

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

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...

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

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,...

Reliance Q4 Results:Report indicates a 1.8% decrease in profit to Rs 18,951 crore, alongside the announcement of a Rs 10 dividend.

Reliance Q4 Results: Reliance Industries Limited (RIL) disclosed a 1.8% year-on-year (Y-o-Y) dip in its consolidated net profit (attributed to the company's owners) for the...
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Icon Facilitators’ IPO opens for subscription on Tuesday, June 24; price band fixed at ₹85 – ₹91

Icon Facilitators Limited, a technical facilities management services provider in North India, announced that its initial public offering (IPO) will open for subscription on Tuesday,...

As momentum set to become market flavour, SAMCO MF now launches large & Mid-Cap Fund to combine stability with growth

Following a significant market correction over the past eight months, signs of recovery are now emerging, setting the stage for momentum investing strategies to...

Ant International pushes AI strategy with AI platform for Fintechs

Ant International, a leading global digital payment, and financial technology provider, today unveils its AI strategy with the launch of Alipay+ GenAI Cockpit, an...

A Large Proportion of Indian HNIs are NOT Saving Enough: Survey

Marcellus Investment Managers, in collaboration with Dun & Bradstreet, today released its India Wealth Survey 2025, an in-depth study capturing the evolving financial behaviours, asset preferences,...