Economic

Ujjivan SFB board approves filing for universal bank li...

Apart from Ujjivan SFB, AU SFB has already applied for an universal bank license...

Specialised non-bank lenders steal a march on banks in ...

Banks’ outstanding infrastructure portfolio was up 6.5 per cent y-o-y as on Marc...

UCO Bank Q3 net up 27% at ₹638.83 cr, plans to raise ₹2...

The bank’s operating profit grew 41.69 per cent y-o-y at Rs ₹1,585.69 crore for ...

IIHL targets February 10 to close ₹9,650-crore Reliance...

As part of the resolution process, RCap has made the necessary applications for ...

Namdev Finvest secures $38 million debt funding from De...

The funding also marks Mirova’s inaugural investment in India

Deposit growth overtook credit growth in the fortnight ...

Bankers attribute the pick up in deposit growth to organisations crediting salar...

Cholamandalam MS General posts ₹137 cr PBT in Q3

For the nine months of this fiscal year, Chola MS reported a 38% increase in PBT...

Bajaj Finance faces ₹863.15 crore GST demand from Pune ...

The company said it is in the process of filing an appeal against the order

IDFC FIRST Bank board approves reduction in authorised ...

This move is to fulfil a provision of the Banking Regulation Act, 1949, whereby ...

IBA honours Karnataka Bank with six awards for banking ...

The bank was recognised as runner-up in categories like ‘Best Tech Talent and Or...

Cholamandalam Investment posts 24% rise in net profit, ...

Cholamandalam’s AUM witnessed a 34 per cent growth, at ₹1,89,141 crore

Shriram Finance Q3 PAT up 96 per cent on one-time gain

Excluding the one time gain of Rs. 1,489 crore, Q3 PAT rose 14 per cent to Rs 2,...

Fitch: Softer economy, tighter bank funding to hit NBFI...

While larger NBFIs are expected to perform more steadily due to better funding a...

Union Bank reports 28% increase in third quarter standa...

The public sector bank had posted a net profit of ₹3,590 crore in the year ago q...

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