Bank
Bank
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...
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...
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