Bank
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...
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...
HDFC Q4 FY24 result update: net profit of ₹16,512 crore, with retail loans showing impressive growth of 108.9%.
HDFC Q4 FY24 result update:
On April 20, HDFC Bank announced a net profit of Rs 16,512 crore for the January-March quarter of the fiscal...
RBI imposes monetary penalty on NABFINS Limited, Bengalur
RBI in action:
The Reserve Bank of India (RBI) has, by an order dated April 15, 2024, imposed a monetary penalty of ₹10 lakh (Rupees...
The Reserve Bank of India’s proposed regulations for payment aggregators deemed pivotal, timely, and positively received by Experts.
The Reserve Bank of India
Today's latest news from the RBI: The Reserve Bank of India has issued two sets of draft regulations for payment...
Bank of America’s profit declines due to reduced interest payments from customers
Bank of America Quarterly result:
In the first quarter, Bank of America experienced a decrease in profit as its consumer division weakened and it wrote...
Morgan Stanley predicts that there won’t be any rate cuts from the RBI this fiscal year.
Morgan Stanley prediction on RBI monetary policy:
Morgan Stanley's economists anticipate that the Reserve Bank of India's Monetary Policy Committee (MPC) might refrain from lowering...
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BlackRock forecasts cryptocurrency and blockchain as key market forces by 2026
BlackRock, the global investment giant overseeing $10 trillion in assets, has highlighted Bitcoin, Ether, and stablecoins as key forces shaping global markets by 2026.
In...
Binance will list Ripple USD (RLUSD) and introduce RLUSD zero trading fee promotion
Ripple's dollar-pegged stablecoin RLUSD will launch spot trading on Binance starting Thursday, initially supporting the Ethereum blockchain, with integration into Ripple's own XRP Ledger...
Cabinet approves continuation of Atal Pension Yojana (APY) and extension of funding support for promotional and developmental activities and gap funding till 2030-31
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today approved the continuation of Atal Pension Yojana (APY) up to FY 2030-31...
Cabinet approves equity support to Small Industries Development Bank of India
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the equity support of Rs.5,000 crore to Small Industries Development Bank...