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8 mins read
Improving workplace decorum – ‘RBI’s recommendations can be seen as onerous but we have to move in that direction,’ says Yes Bank’s CEO
CEO of Yes Bank, Prashant Kumar, has stated that if a bank wants to be customer-centric, it also ne…
3 mins read
ESAF Small Finance Bank lists at 20% premium but below grey market expectations
ESAF Small Finance Bank made its D-street debut at a 20% premium on Friday. This is lower than what…
2 mins read
Fino Payments Bank has its eyes set on becoming a small finance bank
ino Payments Bank is keen to become a small finance bank after having completed five years of opera…
PTI
2 mins read
What if Kotak Mahindra Bank acquires IDBI Bank, asks Nomura
Life Insurance Corporation of India along with the government are looking to divest 60.72% in IDBI …
3 mins read
Canara Bank consolidated net profit jumps 74% to ₹3,337 crore in March quarter
State-owned Canara Bank on Monday reported a 74 per cent jump in March quarter consolidated net pro…
PTI
4 mins read
Indian banking will maintain its growth momentum: South Indian Bank MD & CEO
Growth in credit, mergers and acquisitions, digital initiatives by the Reserve Bank of India (RBI),…
2 mins read
Markets extend rally to the eight consecutive day, led by IT, healthcare and auto stocks
Equity benchmarks Sensex and Nifty extended rally for the eighth straight session on Wednesday, pro…
PTI
4 mins read
IDFC to merge with its banking arm in all-stock deal
IDFC First Bank has announced the merger of its parent company, IDFC Ltd, in an all-stock transacti…
PTI
8 mins read
Retail investors ‘buy the dip’ in all ten Adani group stocks
Retail investors bought the dip in all the ten Adani group stocks in the March quarter, with the re…
3 mins read
After languishing since FY19, two-wheeler growth to outpace passenger vehicles in FY24-25
The future looks brighter for India’s two wheeler makers who have seen a volume decline of nearly 3…
3 mins read
Axis Bank beats street estimates on net profit, business growth disappoints
Axis Bank, the third largest private sector bank, on Monday reported a net profit of Rs 4,125 crore…
1 min read
Kerala-based ESAF Small Finance Bank looks to raise ₹998 crore through IPO
Kerala-based ESAF Small Finance Bank on Monday filed its Draft Red Herring Prospectus (DRHP) with m…
7 mins read
Yes Bank shares are cheaper than what they were a year ago — and what could revive the investment, if at all
Today, it is at ₹13.55 — nearly half of what it was a year go. This, 14 months after the RBI pla…
3 mins read
Macquarie warns that RBI's decision on new bank licenses could be controversial given the number of bank failures in India
At a time when bank failures are increasing in India, the decision to distribute licenses could be …
4 mins read
Fino Payments Bank will be the first fintech startup in India to get listed on the bourses and it is profitable
The Navi Mumbai-based fintech company Fino Payments Bank will be the first payments bank to get lis…
3 mins read
Bandhan Bank’s profits fall by 29% even though asset quality shows improvement
Bandhan Bank’s profits fell by over 29% in the fourth quarter even as its asset quality improved. W…
2 mins read
Bandhan Bank Q1 net profit falls 32 pc to Rs 550 cr on higher provisioning
The merger of erstwhile Gruh Finance Limited (Gruh) with Bandhan Bank Limited had been approved by …
PTI
3 mins read
IDFC First Bank to raise Rs 2,000 cr capital from promoter, Warburg Pincus, 3 others
V Vaidyanathan, managing director and chief executive officer, IDFC First Bank, said, "Within one …
PTI
1 min read
Bank of India reports Q3 net profit of Rs 106 cr
Mumbai, Jan 31 () Bank of India on Friday reported a net profit of Rs 106 crore for the third quart…
PTI
3 mins read
Bandhan Bank shares have gained 54% since lockdown started— but the numbers will reveal the real damage to rural India from COVID-19
So far, the share price reflects some optimism. It’s up over 54% since the lockdown starting Mar…