[ad_1] Interest earned by the bank improved to Rs 34,920 crore from Rs 26,033 crore in the September 2022 quarter | Photo: Bloomberg Private sector lender ICICI […]
Net profit jumps 60% to Rs 1,323 cr on declining NPAs
[ad_1] IDBI Bank on Saturday reported a 60 per cent rise in net profit to Rs 1,323 crore for the second quarter ended September 30 on the […]
Federal Bank’s standalone net profit rises 36% to Rs 954 crore in Q2
[ad_1] Private sector lender Federal Bank on Monday reported a 35.54 per cent jump in standalone net profit for the second quarter of this fiscal at Rs […]
RBI expected to hold rates steady on Friday but striking hawkish tone
[ad_1] India’s monetary policy committee is widely expected to keep key rates on hold when it announces its decision on Friday but the recent uptick in global […]
India’s bond index inclusion set to test RBI’s liquidity, FX management
[ad_1] India’s inclusion next year in the JPMorgan emerging market debt index, which could draw up to $25 billion in inflows over a short period, would need […]
RBI selects McKinsey, Accenture to use AI to improve regulatory supervision
[ad_1] The Reserve Bank has selected global consultancy firms McKinsey and Company India LLP and Accenture Solutions Pvt Ltd India to develop systems using artificial intelligence and […]
Centre directs banks to work in tandem on loans scheme for street vendors
[ad_1] Union MoS for Finance Bhagwat K Karad on Saturday asked banks and civic bodies to work in collaboration with each other to achieve the goals of […]
Credit extended to Videocon caused loss of Rs 1,000 cr to ICICI Bank
[ad_1] The credit facilities sanctioned by the ICICI Bank to the Videocon group turned into non-performing assets (NPAs) of more than Rs 1,000 crore, the CBI has […]
More optimistic about India now than ‘in a long time’: WB chief Ajay Banga
[ad_1] Banga, who took over as president of the Washington-headquartered development lender in early June, noted that digitisation has allowed citizens to easily access multiple services online. Photo: […]
Net profit declines 19% to Rs 721 crore
[ad_1] Bandhan Bank on Friday reported an 18.7 per cent fall in net profit at Rs 721 crore in the June quarter due to a decline in […]