Punjab National Bank (PNB) has reported a net profit of Rs 5,253 crore for the quarter ended June 30, 2026. The profit surged 213.6 per […]
Tag: Banking Sector
Varachha, Prime, Contai and Veershaiv Banks receive RBI scheduled status
The Reserve Bank of India has granted scheduled bank status to four urban co-operative banks — Varachha Co-operative Bank, Prime Co-operative Bank, Contai Co-operative Bank […]
RBI proposes stricter recovery norms for Co-operative Banks
Reserve Bank of India has proposed comprehensive recovery conduct norms for Urban Co-operative Banks (UCBs) and Rural Co-operative Banks (RCBs), introducing stricter borrower protection measures […]
RBI launches Mission SAKSHAM for UCB capacity building
The Reserve Bank of India has launched Mission SAKSHAM, a nationwide capacity-building initiative aimed at strengthening the Urban Cooperative Banking (UCB) sector through structured training […]
RBI eases capital market norms to boost M&A funding and market liquidity
The Reserve Bank of India’s newly issued capital market exposure (CME) norms are expected to enable banks to play a more active role in corporate […]
Union Budget 2026 decoded: Signals stronger banking Backbone for inclusive growth
Budgets rarely steal the spotlight from headline-grabbing announcements, but in India’s Union Budget 2026, the real story lies between the balance sheets. With a renewed […]
Comfort Fincap reports 40 per cent rise in Q2 FY25 profit driven by strong income growth
Comfort Fincap Limited has announced a 40.5 per cent year-on-year increase in profit after tax (PAT) to Rs 146.79 lakh for the second quarter of […]
RBI raises small value loan ceiling for urban co-operative banks to Rs 3 crore per borrower
The Reserve Bank of India (RBI) has increased the small value loan ceiling for Urban Co-operative Banks (UCBs) to Rs 3 crore per borrower, enhancing […]
Jana Small Finance Bank sets sights on universal banking license
Jana Small Finance Bank is preparing to take the next big step in its journey by aiming for a universal banking license. In a strategic […]
RBL Bank’s board approves reappointment of R Subramaniakumar as MD and CEO for three more years
RBL Bank’s Board of Directors recently has approved the reappointment of R Subramaniakumar as the Managing Director and Chief Executive Officer (MD & CEO) for […]