Finance

United Bank Of India Posts Rs 105 Cr Profit In Q1 As NPAs Decline

Backed by a steady decline in non-performing assets, improvement in net interest income, trading profit, and higher reco... Read more

Truecaller Rolls Out New Version After Bug Signed Up Users For UPI Without Consent

Popular caller ID app Truecaller, on Tuesday, admitted to a bug on its platform that signed up users for UPI accounts wi... Read more

Axis Bank Net Zooms 95% To ₹1,370 Cr In Q1

Private sector lender Axis Bank's net profit nearly doubled in the first quarter of the fiscal, led by strong growth in ... Read more

Bank Of India Q1 Profit Rises 156% On Lower Provisioning

Bank of India (BoI) reported a 156 per cent jump in first quarter standalone net profit on the back of robust growth in... Read more

RBI Relaxes ECB End-use Policy To Boost Economy

In a bid to give a leg-up to the slowing economy, the Reserve Bank of India on Tuesday relaxed the end-use restrictions ... Read more

Tax Planning For This Year And Beyond

Tax planning for this year and going forward, with highlights from the TCJA. Read more

Cholamandalam Investment Q1 Net Profit Increases To ₹314 Cr

 Murugappa group-owned Cholamandalam Investment and Finance Company recorded a 10 per cent growth in net profit in the ... Read more

Union Bank To Cut MCLR By 5-20 Bps From Aug 1

Union Bank of India on Tuesday said it will reduce its Marginal Cost of funds-based Lending Rate (MCLR) by 5-20 basis po... Read more

Why SBI Slashing Deposit Rates, May Not Lead To Huge Cuts By Private Banks

Strong credit offtake and pressure on deposit growth could limit rate actions Read more

Karnataka Bank Does Not Have Exposure To Coffee Day Enterprises

Mangaluru, July 30 Karnataka Bank Ltd has said that it does not have any exposure to Coffee Day Enterprises Ltd.In a sta... Read more

Women Pay 18% More In Banking Fees Than Men: Survey

Survey of over 500,000 in US finds women pay $214 per year in fees Read more

Q1 Results: Bank Of Indias Net Profit Up 156% To Rs 243 Cr

Bank of India reported a 156 per cent jump in first quarter standalone net profit, on the back of robust growth in other... Read more

P Gopi Krishna Takes Over As Karnataka Vikas Grameena Bank Chairman

A native of Tenali in Andhra Pradesh, he carries with him an experience of 34 years in Syndicate Bank Read more

For Shadow Financing To Survive, Some NBFCs Will Have To Die

The Centre and the RBI should avoid any attempt to succour the NBFC sector with liquidity Read more