Bank Of India Reports Q4 Loss At ₹3,571 Cr
Bank of India on Thursday reported a standalone net loss of ₹3,571.41 crore for the quarter ended March 31, 2020 due t... Read more
Bharti AXA Life Rolls Out Combo Product In Covid-19 Times
New product ‘Health and Life Secure’ has been built ‘grounds up’ based on survey findings, says Bharti Enterpris... Read more
Dvara KGFS Sets Fund-raising Target Of ₹600 Crore For FY21
Dvara KGFS, a non-banking finance company focusesd on financial inclusion, has set a fund-raising target of ₹600 crore... Read more
RBI Staff Union Hails Proposed Ordinance On Co-operative Banks
The All-India Reserve Bank Employees’ Association (AIRBEA) has welcomed the decision of the Union Cabinet to promulgat... Read more
The Threat Posed By 96,000 Rural Co-operatives Outside RBI Compass
Ordinance to bring urban co-ops under RBI regulation is welcome, but the large number of rural co-ops outside its purvie... Read more
Payments Made Via Google Pay Fully Protected: NPCI
Our Bureau Google Pay operates under the UPI framework of the National Payments Corporation of India and is classified a... Read more
Federal Bank To Buy Additional 4 Per Cent Stake In IDBI Federal Life Insurance
Will buy additional stake for over Rs 80 crore Read more
Private Banks: Now, RBI Can Frame Reconstruction Scheme Without Putting Moratorium In Public Domain
Call this a fallout of the recent YES Bank debacle and its subsequent rescue episode. The Centre has now decided to empo... Read more
RBI Guidelines On Digital Lending To Help Borrowers
RBI directs banks, NBFCs and digital lending platforms to adhere to the Fair Practices Code in letter and spirit Read more
Relief For Depositors: Ordinance Brings Cooperative Banks Under RBI Supervision
Cabinet also approves 2% subvention for ‘Shishu’ mudra loans Read more
Tamilnad Mercantile Bank Reports 58% Rise In Net Profit
Focus on CASA growth will continue: MD and CEO KV Rama Moorthy Read more
GIC Q4 Net Profit Surges To ₹1,197 Crore
State-run GIC Re saw its net profit nearly double to ₹1,197.41 crore in the fourth quarter of 2019-20 as against ₹60... Read more
Canara Bank Q4 Loss Widens To ₹3,208.31 Cr On Heavy Provisioning
Canara Bank’s loss on consolidated basis in the fourth quarter (FY20) widened to ₹3,208.31 crore due to provision fo... Read more
Karur Vysya Banks Q4 Net Up 40%
Karur Vysya Bank has reported a 40 per cent increase in its net profit for the quarter ended March 2020, up from ₹60 c... Read more
HDFC Bank Well Placed To Ride Out Covid-19 Storm: Aditya Puri
Aditya Puri, MD and CEO of HDFC Bank, believes the lender is well placed to ride out the Covid-19 storm and will continu... Read more