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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...

Turkey’s central bank records a loss of $25 billion for the year 2023

Turkey's central bank In 2023, the Turkish central bank experienced a loss of 818.2 billion liras ($25 billion), marking a significant shift from previous years...

India’s foreign exchange reserves surged by $2.98 billion to reach a new pinnacle of $648.562 billion at the week’s conclusion.

foreign exchange reserves update RBI announces a $2.98 billion surge in forex reserves, reaching a new pinnacle of $648.562 billion. In September 2021, the nation's foreign...

UCO Bank, Central Bank of India, and three additional Public Sector Banks (PSBs) have been instructed to increase their public shareholding to 25% by...

Banks news update UCO Bank, Central Bank of India, and three additional PSBs have been instructed to increase their public shareholding to 25% by August These...

BoB cases of scam related to the BoB World app prompt the Ministry of Finance to advocate for a strengthened KYC process

BoB World app scam: According to news agency Business Standard:The RBI may advise banks and financial institutions to assess the concentration of Business Correspondents (BCs)...

RBI rejects 2 application for Licensing of Small Finance Banks

RBI in action: The Reserve Bank of India has turned down two additional requests to establish small finance banks: those from Dvara Kshetriya Gramin Financial...

The Japanese banking giant, MUFG, is poised to acquire a 20% share in HDFC Bank’s subsidiary, HDB Financial, for a total of $2 billion.

MUFG, the Japanese banking giant People familiar with the matter report that Bank of Tokyo-Mitsubishi UFJ (MUFG), the Japanese banking giant, is in the process...

Bank’s fresh NPA generation to rise gradually but to remain controlled in the FY25: ICRA

 bank's NPA report: The onset of new Non-Performing Asset (NPA) generation is expected to gradually increase but remain under control throughout the Financial Year 2025,...

Most Read

2025 Hamilton Lane market overview: Private markets reach an inflection point, though long-term fundamentals remain strong

Hamilton Lane, a leading global private markets investment management firm, published its 2025 Market Overview today. This year's report offers a nuanced picture of...

AMFI data: The time has come for the large-cap schemes to dominate, says Viraj Gandhi, CEO of SAMCO Mutual Fund

Providing the veiw on AMFI data Viraj Gandhi, CEO of SAMCO Mutual Fund saiid: It seems the down fall in the Assets Under Management...

Ant group recognized as a top 100 Global Innovator 2025

Ant Group has been recognized for the fourth consecutive year as one of the Top 100 Global Innovators 2025 by Clarivate, a global leader...

IndusInd Bank shares rebound around 5% as management provides clarity on future profit generation

IndusInd Bank's shares surged over 5% to ₹694 on Wednesday, recovering from a 26% drop on Tuesday and outperforming peers like Indian Bank, State...