Bank Of Baroda Q2 Net Soars 73% To ₹737 Cr
State-owned lender Bank of Baroda posted a 73.2 per cent jump in its July-September quarter net profit at ₹736.68 cror... Read more
Indian Bank, Muthoot Microfin Sign MoU
Public sector Indian Bank on Friday said it has signed a memorandum of understanding with Muthoot Microfinance to serve ... Read more
LIC Has A Long Way To Go, Says Chairman
Servicing 31 crore policy holders is no simple task for any organisation, but Life Insurance Corporation of India (LIC) ... Read more
SEBI Directive: Banks Start Disclosing Divergence In Asset Classification And Provisioning
United Bank of India, Union Bank of India, Indian Bank and Corporation Bank have so far made disclosure of divergences a... Read more
Banks Start Disclosing Divergence In Asset Classification And Provisioning
Our BureauUnited Bank of India, Union Bank of India, Indian Bank, and Corporation Bank have so far made disclosure of di... Read more
Interest/principal Obligations On NCDs Due On November 2 Delayed, Says Reliance Capital
Reliance Capital has disclosed that interest/ principal obligations on its non-convertible debentures (NCDs) carrying fi... Read more
ECL Finance Ltd Announces New NCD Issue
The issue opens on November 4th, 2019 Read more
China Promotes Using Blockchain, Artificial Intelligence To Gain From Digital Finance
Earlier last week, President Xi Jinping at the party’s Politburo pledged to speed up the development of the digital te... Read more
Non-scheduled Urban Coop Banks Seek Ease In Provisioning Norms
These banks fear that their deposits in PMC Bank will turn into non-performing investments Read more
SVC Bank Denies Reports On Merger With PMC Bank
The SVC Co-operative Bank has denied reports of merger with the crisis-hit Punjab and Maharashtra Co-operative (PMC) Ban... Read more
Will Axis Bank Emulate HDFC Bank Performance?
Most analysts expect Axis Bank to report a drop in Q2 PAT Read more
How HDFC Bank Q2 Profit Jumped 27% Despite Lower Growth In Core Net Interest Income
A boost from other income and lower tax aided earnings. While overall loan growth was healthy, retail loan growth slowed... Read more
Bank Of Baroda Stares At Vacant Leadership As PS Jayakumars MD/CEO Term Comes To An End
BoB is the second largest public sector bank which does not have a CEO Read more
Insolvency Law Committee Plans To Meet On October 15 To Discuss New Reforms For IBC
The new resolution mechanism for finance companies may apply only to limited set of entities. Deposit taking and systemi... Read more
PNB, UBI, OBC Merger: Expert May Be Roped In To Decide Logo Of New Entity
The proposed merger will lead to the creation of the country's second-largest lender after State Bank of India. Read more