Money & Banking

City Union Bank (CUB) posted a 15 per cent growth in second quarter net profit ₹194 crore. The bank's net profit for the same period last year stood ...

Bajaj Allianz General Insurance has rolled out a mobile app ‘Farmitra,’ catering to the specific needs of farmers. Through this app, which the company ...

To protect the customers, the regulator has directed RHICL to transfer policyholders’ liabilities along with financial assets to Reliance General Insurance by November 15.

Insurance companies believe that the Insurance Regulatory and Development Authority of India’s proposed hike in the limits for self-assessment of ...

Manappuram Finance has posted a consolidated net profit of ₹402.28 crore for the quarter ended September 30, a sharp increase of 82 per cent over ...

Else the sharp write-downs in their deferred tax assets, could have eaten into earnings and capital

Board approves interim dividend, fund raising

In fresh trouble for private sector lender YES Bank, global rating agency Moody’s, on Wednesday, placed the bank’s foreign currency issuer rating of ...

Canara Bank has posted 20.36 per cent higher profits after minority interest on consolidated basis for the second quarter of financial year FY20 at ...

HDFC Chairman Deepak Parekh, on Wednesday, called for a one-time restructuring of certain real estate loans as a means to overcome the “current crisis ...

In a bid to bring in better regulation of core investment companies (CICs), a working group set up by the Reserve Bank of India, has identified six ...

Shares of Corporation Bank climbed over 7 per cent on Wednesday after the bank reported a 26 per cent rise in net profit for the second quarter ...

Corporation Bank on Wednesday reported a rise of 26 per cent in its net profit to Rs 129.76 crore for the second quarter ended September 30, on the ...

Our BureauKerala-based gold loan non-banking finance company ICL Fincorp is hopeful of getting listed in the next 15 months. The company became ...

Calls for restricting the number of layers of CICs in a group to two and measures to address excessive leverage

The net interest income of the bank stood at Rs 1334.43 crore during the second quarter of 2019-20

Did the Reserve Bank of India, during its inspection in 2014-15, miss out on the crucial aspects of the loans extended to Housing Development and ...

Ujjivan Small Finance Bank in an effort to offer distinctive banking and digital services to its customers launched Digital Savings Account along ...

Mumbai Fintech Hub and Fintech Convergence Council are jointly organising a two-day fintech festival here in March next year, hoping to make the ...

The Kerala-based ESAF Small Finance Bank has recorded a 284 per cent increase in its net profits for the half year at Rs 92.44 crore against Rs24.07 ...

EY, a global professional services organization, has formed a strategic alliance in India with Nasdaq-listed BlackLine to offer finance process ...

PMC Bank depositors will stage a protest outside the Esplanade Court, against a bail application of one of the accused, even as the Economic Offences ...

Ten days after the Goodwin Jewellers fraud case came to light, the owners, A M SunilKumar and A M SudheeshKumar, are still absconding. The duo are ...

Central Bank of India has hit a purple patch in the last couple of quarters after posting 13 quarters of losses on the trot. Pallav Mohapatra, MD and ...