Six New Umbrella Entity (NUE) hopefuls, including Facebook, Google and Amazon, have failed to present any innovative solution due to which efforts to build an […]
Tag: banks
Investment bankers get USD 261.5 million in Q1 despite fall in deal making activities: Report
Despite a massive fall in deal making in the March quarter, deal makers laughed their way to the bank with USD 261.5 million in investment […]
Bank of Maharashtra logs 30% loan growth; total business crosses Rs 4 lakh crore in Q4
State-owned Bank of Maharashtra (BoM) on Wednesday said it has posted a credit growth of 29.59 per cent at Rs 1.75 lakh crore for the […]
Bandhan Bank’s total deposits rise 12.2 pc in Q4 FY23
Bandhan Bank’s total deposits in the fourth quarter of last fiscal stood at Rs 1,08,069 crore, registering a rise of 12.2 per cent over the […]
Axis Bank CEO flags risks of slowing economic growth, says ‘not everything is ok’
Axis Bank Ltd Chief Executive Officer Amitabh Chaudhry is watchful over consumer demand in the Indian economy and said expectations for growth might have to […]
Bank of Baroda stops clearing payment for above-cap Russian oil
India’s Bank of Baroda has stopped clearing payments for Russian oil sold above the price cap set by the West from this month, three sources […]
Bank NPAs to improve to decadal low of 3.8pc by FY24-end: Crisil
Banks’ gross non-performing assets (NPAs) will reduce further to a decadal low of 3.8 per cent by end of FY2023-24, credit rating agency Crisil said […]
Axis Bank launches business management solution for merchants
Axis Bank in partnership with Visa on Monday launched an app that will empower merchants to accept payments through various digital modes and also enable […]
SBI’s UPI, net banking services suffer due to server outage, users complain
The State Bank of India’s (SBI) UPI and net banking services were affected after the bank’s server reportedly faced an outage, according to media reports. […]
HDFC Bank records loan growth of 17% at end of March
Private sector lender HDFC Bank on Monday said it has recorded a 16.9 per cent increase in credit growth at Rs 16 lakh crore at […]