Karnataka Bank has reported a standalone net profit of Rs 418.95 crore for the quarter ended June 30, 2026, compared with Rs 292.40 crore in […]
Tag: India Banking
Dhanlaxmi Bank sees growth in profit deposits and advances
Dhanlaxmi Bank has reported a net profit of Rs 24.91 crore for the quarter ended June 30, 2026, compared with Rs 12.18 crore in the […]
Axis Bank posts 23 per cent rise in Q1 profit
Axis Bank reported a strong start to FY27 with a 23 per cent year-on-year increase in standalone net profit to Rs 7,114 crores for the […]
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 […]
NAFCUB seeks clarity on UCB Board tenure rules from CRCS
The National Federation of Urban Co-operative Banks and Credit Societies Ltd. (NAFCUB), led by its President Laxmi Das, has raised concerns over the implementation of […]
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 […]
BLS E-Services Limited to acquire 100 per cent stake in Atyati Technologies
BLS E-Services Limited (BLSe) has signed a binding term sheet to acquire a 100 per cent equity stake in Atyati Technologies Private Limited for a […]
Lok Sabha passes banking laws amendment bill: major boost for governance and customer convenience
Banking Laws (Amendment) Bill, 2024, that introduces reforms designed to modernise the banking sector and enhance customer convenience was passed by vote of motion yesterday […]
23-year-old Aakash Rahul Rathi becomes youngest chairman of Latur Urban Cooperative Bank
Latur Urban Cooperative Bank has recently elected 23-year-old Aakash Rahul Rathi, as the youngest chairman. The bank, established nearly three decades ago, boasts a business […]