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Bank
Federal Bank’s net profit for the fourth quarter remained unchanged at Rs 906 crore for the March quarter.
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...
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,...
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