UCO Bank Hopeful Of Coming Out Of RBIs PCA Framework; Posts Q4 Profit Of ₹17 Crore
UCO Bank is hopeful of coming out of the Prompt Corrective Action (PCA) measure of Reserve Bank of India as it has compl... Read more
South Indian Bank Posts Profit Of ₹105 Crore In FY20
South Indian Bank has reported a net profit of ₹105 crore for FY20 against ₹248 crore in the previous year.The decli... Read more
Insurance Tech Start-up Bima Mandi Aims To Serve Over 40 Lakh Customers In Next 10 Years
Insurance tech start-up Bima Mandi intends to serve more than 40 lakh rural customers across 125 districts and 1,000 vil... Read more
Kerala HC To Take Up SBI Appeal On July 1 NPS Rollout
The Kerala High Court is expected to take up on July 1 a writ appeal filed by the State Bank of India against a judgment... Read more
Standard Health Cover Arogya Sanjeevani Sales Picking Up: IRDAI Chief
The country’s first standard health cover policy, Arogya Sanjeevani, is gaining ground and is expected to see traction... Read more
RBIs Central Board Meets To Take Stock Of Economic Situation
The Reserve Bank of India’s central board, on Friday, took stock of the current economic situation and the evolving ch... Read more
Access To Funds A Major Challenge For MSMEs
International MSME Day 2020 is more of a sombre occasion requiring introspection instead of celebration. The pandemic ha... Read more
UCO Bank Q4 Net Profit At ₹16.78 Crore As NPAs Drop
Public sector lender UCO Bank on Friday reported net profit of ₹16.78 crore for the fourth quarter ended March 31, 202... Read more
PhonePe Partners With ICICI On UPI Multi-Bank
The new version of the app to add or create ICICI Bank’s UPI ID will be gradually rolled out to the users in the comin... Read more
If Not For Provisions, We Would Have Reported ₹200 Crore In Profit: Bank Of Maharashtra Chief
Bank of Maharashtra (BoM) would have posted higher profit in the fourth quarter of FY20, but for the conscious decision ... Read more
Karnataka Bank Board Members Opt For Cut In Sitting Fees
The directors on the board of Karnataka Bank have decided to take a cut in their sitting fees for board and committee me... Read more
Arohan Financial Services Looking To Raise ₹500 Crore In PE Funding
Kolkata-based microfinance institution (MFI) Arohan Financial Services Ltd is looking to raise close to ₹500 crore thr... Read more
Now, RBI Can Frame A Reconstruction Schemewithout Imposing Moratorium On Withdrawals
Call this a fallout of the recent YES Bank debacle and its subsequent rescue episode. The Centre has now decided to empo... Read more
CBI Chargesheets Rana Kapoor, Kapil Wadhawan In YES Bank Fraud Case
The Central Bureau of Investigation has filed a chargesheet against Rana Kapoor, Kapil Wadhawan and their kin in the YES... Read more
Exim Bank Profit Rises 51% In FY20
Export-Import Bank of India (Exim Bank) reported a 51 per cent increase in net profit at ₹124 crore in the year ended ... Read more