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Yes Bank shares tank over 12% as 3-year shareholder lock-in period ends
Shares of private sector lender Yes Bank tanked more than 12% in early trade on Monday as a Reserve…
Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy
Loan growth in the Indian banking sector is starting to show signs of reversal from cyclical highs …
Axis Bank shares under pressure after Q4 net loss; analysts upbeat on the lender
During the March quarter, the lender reported an exceptional item of ₹12,490 crore, which went i…
Bank of Maharashtra tops list of public sector lenders in loan growth, asset quality
The Bank of Maharashtra (BoM) has emerged as the top performer among state-owned lenders in terms o…
PTI
RBI initiates transition plan: Small finance banks to ascend to universal banking status
According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eli…
ANI
Axis AMC, Tishman Speyer to build sustainable offices in India
Axis Asset Management and New York based Tishman Speyer intend to develop commercial projects acros…
Canara Bank Q4 profit rises 18% to ₹3,757 crore
During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…
PTI
From banks to SIPs – the evolution of investment choices for Indian retail investors
In India, traditional banking institutions were once the go-to for households seeking savings and i…
Axis Bank completes acquisition of Citibank’s consumer business for ₹11,603 crore – here’s everything to know
India’s third-largest private lender Axis Bank on Wednesday said it has completed the acquisition o…
Axis Bank Q3 net profit grows 62% YoY to ₹5,853 crore, beats expectations even as provisions and slippages rise
Axis Bank on Monday reported a standalone net profit of ₹5,853 crore in Q3, registering a growth of…
New fund alert: 'Axis India Manufacturing Fund'
Axis Mutual Fund has launched the Axis India Manufacturing Fund, an open- scheme that mirrors India…
Wall Street sees this opaque corner of financial markets as the likeliest source of a credit crisis, Bank of America says
Investors now see "shadow banking" as the leading source of a potential credit event, respondents i…
Filip De Mott
IndusInd Bank Q3 net profit grows 69% YoY to ₹1,959 crore, margin and asset quality see improvements
IndusInd Bank reported a standalone net profit of ₹1,959 crore in Q3, registering a growth of 69% y…
The boss of Russia's biggest bank said the country's economy is 'definitely and strongly overheated'
Russia's economy is driven by wartime activities, government subsidies that steady the economy, and…
Huileng Tan
Indian banks better placed than their US peers due to attractive valuations and stickier deposits
Turmoil in the US and Europe’s banking sector has had an impact on banks in other markets as well, …
Axis Bank scoops up Citi India’s retail assets, including the lucrative credit card business, for $1.6 billion
Axis Bank has acquired Citi India’s retail assets, including the company’s lucrative credit card bu…
Axis Bank’s net profit grows 70% to ₹5,330 crore in Q2
Axis Bank, one of the leading private banks in the country, beat analyst expectations to report a 3…
Axis Bank is back in the black as fee collections ramp up and ₹10,000 crore in fund raising cushions the balance sheet
Axis Bank’s profit is in the green again after reporting a dip of 19% last quarter. Between July an…
Here’s why Axis Bank may be willing to pay $2 billion to buy Citi’s India ops
Axis Bank could be the leading horse in the race to acquire Citi Bank’s retail assets, and the bigg…
Credit quality outlook of India Inc positive in first half of FY25: Crisil Ratings
Crisil Ratings on Monday said the credit quality outlook for Indian corporates remains positive for…