bank

Kota Srinivas Poojary urges Union government to employ people who know local language in nationalised banks




bank

Bank of India Q2 net profit rises 63% to ₹2,374 cr.




bank

Stanchart opens second International Banking Centre in Chennai




bank

Karur Vysya Bank hopes to continue growth momentum in H2




bank

Sensex falls over 1% on selling pressure led by banking, auto stocks

Nifty plunges to 4.5 months low




bank

Surge in bank credit to CRE linked to high demand for office and warehouse space

With leasing activities surging across major cities and growing interest from big industrial groups, the commercial real estate market shows promising prospects for future lending and growth




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By the banks of three rivers

Chitra Ramaswamy sets out to check out the legend behind the Rajiv Lochan temple, Chattisgarh.



  • History & Culture

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On the banks of Pushkar



  • History & Culture

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IPL: Punjab Kings expected to break the bank for Pant

RCB might show interest in KL Rahul.




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European banks to extend dealing with Indian clearing firms

Europe’s authorities set the deadline last year after their request for co-supervision of European trades settled through Indian clearing houses was denied by the Reserve Bank of India



  • Money & Banking

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Bank of England cuts interest rates, sees inflation hike after Reeves' budget

Bank of England cuts interest rates to 4.75 per cent from 5 per cent




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World Bank in talks to help finance $28 billion Turkish energy upgrade, Anadolu reports

Humberto Lopez was quoted on Saturday as saying the World Bank was in talks with Turkey's ministry of energy about the matter



  • Money & Banking

bank

Gold soars on geopolitical risks, central bank buying

While gold displays an uptrend on the charts, much could hinge on Fed action too




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Central banks bet big on gold as global uncertainty lingers

In fact, central banks accounted for 23 per cent of the overall gold demand at 1,238 tonnes in the March quarter



  • Gold & Silver

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Gold prices may rule firm if central banks continue to buy, says World Gold Council

The yellow metal outlook looks strong: Sachin Jain, Regional CEO of WGC



  • Gold & Silver

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Globally, central banks plan to add more gold to reserves in 2024

Apex banks’ confidence in the dollar low; high prices for the yellow metal may affect demand in India



  • Gold & Silver

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Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council

Manufacturers have noted that in some cases, orders have reached levels not seen in several years, underscoring the strong buying interest among jewellery retailers and consumers alike



  • Gold & Silver

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Guarantee money is deposited to beneficiaries’ bank accounts when election is around the corner, alleges B.Y. Vijayendra




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Manager makes away with cash from banking institute

Case filed with Belur police




bank

Shamrock, Connecting Dots, Shubankar shine




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Bank employees in Maharashtra to go on strike on November 16; demand staff security, action against ‘assaulters’

The bank unions forum cited events of abuse and assault on bankers across branches in Maharashtra since August 2024




bank

Kotak Mahindra Bank Q2 net profit rises 5% to ₹3,344 crore

The bank’s consolidated net profit grew 13% to ₹5,044 crore as compared with ₹ 4,461 crore in the year ago period.




bank

ICICI Bank Q2 profit rises 14.5% to ₹11,746 crore




bank

Yes Bank standalone net profit doubles to ₹553 crore in Q2FY25

During the quarter, CRISIL and Care upgraded the bank’s Basel III Tier 2 infrastructure bonds rating to A+ from A, the company said in its statement.




bank

Sensex, Nifty rise on buying in bank stocks, positive global cues

Equity indices Sensex and Nifty rise on fag-end buying, global market trends, and institutional investors’ support




bank

HDFC Bank unit HDB Financial Services files with SEBI for ₹12,500 crore IPO

The Public Offer Includes a reservation of Equity Shares for subscription by Eligible Employees and a reservation Equity Shares of Face Value of ₹10 each for subscription by eligible HDFC Bank shareholders




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World Bank approval for ₹2,365.5-crore KERA project: Agriculture Minister P. Prasad




bank

How do global banks view Indian turf?

Hitendra Dave of HSBC India shares his views in a chat with BusinessLine




bank

How are small finance banks faring?

Collections are up and growth is returning to micro finance industry, says Rajeev Yadav




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Is digital banking paying off ?

Delivering services through use of technology has helped manage operational risk




bank

Privately issued but regulated digital currencies have benefits, say central bank chiefs

The benefits would hinge on how such private companies issuing digital assets are regulated




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SoftBank halts plans for Arm’s London IPO

SoftBank’s billionaire founder, Masayoshi Son, had told shareholders in June that he was in favour of a U.S. listing




bank

Crypto lender Celsius defends Bitcoin mining plans as bankruptcy kicks off

Celsius hopes that Bitcoin mining will help it repair its damaged relationship with customers, whose funds were frozen




bank

RBI asks banks to ensure easier accessibility for payment systems to persons with disabilities

RBI instructs banks to review payment systems for accessibility to persons with disabilities, ensuring digital payment inclusivity




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Market capitalisation of four of top-10 valued firms jumps ₹81,151 crore; ICICI, HDFC Bank biggest gainers

Reliance Industries continued to remain the most-valued domestic firm, followed by TCS, HDFC Bank, Bharti Airtel




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Nearly 98% ₹2000 banknotes returned; ₹6,970 crore worth notes still with public

On May 19, 2023, the RBI announced the withdrawal of ₹2000 denomination banknotes from circulation




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Canara Bank disburses ₹18 crore in scholarships to advance educational opportunities

Canara Bank distributes scholarships worth ₹18 crore to 44,742 students, supporting education for SC/ST girl students nationwide



  • Money & Banking

bank

Banks may play safe in aligning study loans with follow-up loans

Upgrading the existing loan, treated as restructured, can be done only after 10 per cent of the revised repayment instalments is paid



  • Money & Banking

bank

24x7 helpline, talent bank, interaction portal among recommendations in youth policy

Chief Minister Jagadish Shettar says Karnataka Youth Policy will be implemented in toto




bank

BJP’s Anil Baluni is banking on religion and development to win in Garhwal (Pauri), Uttarakhand’s largest constituency

This is ‘Devbhoomi’ (land of the gods) and its people will never forget how Congress posed hurdles in the construction of the Ram Mandir, the BJP’s media chief says



  • Lok Sabha Elections

bank

Bank of America staffer found dead at her residence in Filmnagar




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Kudamurutti riverbank along Konakarai Road raises a stench




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Assistant Commissioner is empowered to seek bank guarantee for release of vehicles seized in cow slaughter Act case, says court




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Banking on beliefs

These young engineering professionals chose entrepreneurship over big firms and fat pay



  • Money & Careers

bank

Yes Bank Q4 net drops 45% to ₹202 crore

Profits for both the March quarter and the fiscal year have been impacted by accelerated provisioning, the bank said.



  • Money & Banking

bank

Fino Payments Bank Q4 FY23 net rises 25% to ₹22 crore

Operating cost nudged up 4 per cent y-o-y to ₹62.7 crore (₹60.1 crore).



  • Money & Banking

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Banks and Finance Companies RSS Feeds

Financial institutions are reaching out to clients using RSS feeds. While banks and financial institutions are usually slow to adopt new technology, that is not the case with RSS adoption. More and more professionals are using RSS in innovative ways, to stay ahead of their competition.

Finance Companies Use RSS




bank

Bank Nifty Prediction Today – November 12, 2024: Bearish. Go short now and on a rise

Bank Nifty November Futures can fall to 51,500 and even 51,250




bank

Public sector banks’ net profit surged 26% in April-Sept period

Public sector banks in India see 26% growth in net profit, reflecting financial health and technological advancements



  • Money & Banking

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eAadhaar and ignorant bank officials