Finance News
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January 30, 2023, Monday
CSB Bank Q3 net up 5% to Rs 156 cr on strong growth in deposits and loans
Total income rises to Rs 682 crore from Rs 580 a year ago. Asset quality improves
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January 30, 2023, Monday
Moody's withdraws IDBI Bank's credit ratings for business reasons
Global credit rating agency Moody's Investors Service on Monday said it has withdrawn IDBI Bank Ltd's ratings for business
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January 30, 2023, Monday
IDBI manager held for swindling money from customers' accounts in B'luru
Karnataka police have arrested a relationship manager of IDBI bank in Bengaluru in connection with transferring Rs 4.92 crore ...
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January 29, 2023, Sunday
Alive and kicking: What common thread links the new-age NBFCs?
Using their imagination,new-age shadow banks have shown that their business model can fly
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January 29, 2023, Sunday
Explained: Are fintech companies unmindful of Mint Road's message?
Fintechs' attitude towards governance has major implications
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January 29, 2023, Sunday
Refresh the approach to growth, equity
Agricultural credit continues to be subsidised through an interest subvention scheme instead of converting these subsidies into ...
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January 28, 2023, Saturday
DCB Bank Q3 net profit jumps 52% to Rs 114 cr on decline in bad loans
Private sector DCB Bank on Saturday reported a 52 per cent jump in its profit to Rs 114 crore for the December 2022 quarter, ...
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January 27, 2023, Friday
Bank credit growth rises to 16.5% to Rs 132.81 trillion in Jan 13 fortnight
Deposit growth has gathered pace to 10.6%
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January 27, 2023, Friday
Insurance body GIC opposes govt nominee in life and non-life councils
Says both umbrella bodies are self-regulated and don't depend on funds from finance ministry; govt nominees may hamper their ...
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January 27, 2023, Friday
Bajaj Finance Q3 net up 40% to Rs 2,973 cr; highest ever quarterly profit
Performance was aided by healthy rise in net interest income, drop in provisions and contingencies
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January 26, 2023, Thursday
9 out of 10 individual traders in F&O segment making losses: Sebi
Nine out of 10 individual traders in the equity F&O segment incurred net losses during both the years FY 2018-19 and FY 2021-22, ...
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January 26, 2023, Thursday
Tamilnad Bank to keep focus on small biz lending, open 25 new branches
RBI in October 2022 lifted its three-year ban on lender from opening new branches
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January 26, 2023, Thursday
Axis Bank in talks to issue 10-year infra bonds, taps insurance firms
Lender in talks with end-investors to issue infra bonds at a rate of around 7.85%
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January 25, 2023, Wednesday
TVS Credit posts 75% rise in Q3; net profit rises to Rs 97.97 crore
The company's total income for the quarter under review was also up by 51 per cent to Rs 1,094.13 crore, as against Rs 723.6 ...
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January 25, 2023, Wednesday
Private banks post 31.7% YoY growth in Q3, net profit rises to Rs 35,166 cr
Healthy interest margins, credit offtake boost bottomline; provisions show subdued rise on better asset quality
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January 25, 2023, Wednesday
By March, we'll be closer to pre-Covid levels: ESAF Small Finance Bank MD
Thomas says the bank expects to bring the microfinance portfolio down to 60 per cent of its book
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January 25, 2023, Wednesday
Digital currency to further bolster digital economy, says RBI's Ajay Kumar
Digital currency will further bolster the digital economy, make payment system more efficient, reduce cost involved in physical ...
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January 25, 2023, Wednesday
Credit card spends in Dec cross Rs 1 trillion for 10th month in a row
Net card addition fell substantially in December to 580,000
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January 25, 2023, Wednesday
India's retail health insurance could be a $25 bn market in 5 yrs: Report
Avendus Capital study says low penetration coupled with rising disposable incomes, and product innovation by insurers could act ...
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January 25, 2023, Wednesday
Nomura hires ICICI banker Mahesh Natarajan to head India ECM biz: Report
Natarajan is due to join the Japanese firm's Indian unit in the coming months, the sources said, declining to be named as the ...
