Updated : 1 day, 11 hours ago IST
Mumbai (Maharashtra) [India], Jan 20 (ANI): Kotak Mahindra Bank said on Monday its standalone profit after tax totalled Rs 1,596 crore during the third quarter of current financial year (Q3 FY20), up 24 per cent on a year-on-year basis.
Updated : 1 month, 1 week ago IST
Mumbai (Maharashtra) [India], Dec 13 (ANI): Small finance banks (SFBs) will continue to see increased traction in deposits on the back of higher interest rates (1 to 2 per cent higher than most banks), focussed marketing strategies and maturing branches of a fast-growing branch network (40 p
Updated : 2 months, 1 week ago IST
New Delhi [India], Nov 15 (ANI): The Finance Ministry is considering proposals to increase the insurance limit from the current Rs 1 lakh on deposits in banks, Finance Minister Nirmala Sitharaman said on Friday.
Updated : 2 months, 2 weeks ago IST
Amaravati, (Andhra Pradesh) Nov 7 (ANI): Chief Minister YS Jagan Mohan Reddy is expected to distribute cheques to AgriGold depositors at a public meeting at Police Parade Grounds in Guntur on Wednesday.
Krishna District (Andhra Pradesh) [India], Nov 6 (ANI): Around 40 people who had deposited their money in a private cooperative society in Ibrahimpatnam, filed a police complaint claiming that even though their deposits are matured, they have not been repaid.
Bengaluru (Karnataka) [India], Nov 6 (ANI): Government-owned Canara Bank said on Wednesday its net profit during the July to September quarter jumped by 22 per cent year-on-year to Rs 365 crore.
Updated : 3 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], Sep 30 (ANI): Shares of Anil Ambani-led Reliance Capital touched a 52-week low of Rs 26.75 on Monday, declining 4.46 per cent during early hours after the company concluded the sale of its stake in Reliance Nippon Life Asset Management (RNAM).
Updated : 4 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Sep 9 (ANI): The country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 basis points across all tenors.
Updated : 5 months ago IST
New Delhi [India], Aug 23 (ANI): To protect the interests of saving bank depositors, State Bank of India (SBI) has decided to not reduce interest rate further and hold it at the existing level of 3 per cent for customers with balances above Rs 1 lakh.
New Delhi [India], Aug 21 (ANI): Rating agency CARE has revised its outlook on express distribution and supply chain solutions company Gati Ltd's long-term loans to negative from stable.
Updated : 5 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], Aug 2 (ANI): State-owned Union Bank on Friday reported 73 per cent increase in its net profit at Rs 225 crore during the April to June quarter from Rs 130 crore in the corresponding quarter of previous fiscal year.
Mumbai (Maharashtra) [India], July 30 (ANI): Private lender Axis Bank on Tuesday reported a net profit of Rs 1,370 crore, up 95.4 per cent from Rs 701.1 crore in the same quarter of last year.