Banking

Kotak Mahindra customers face troubles as bank servers get impacted

The lender's customers started facing difficulties in completing transactions like UPI payments, money withdrawals, and also accessing online banking in the morning and took to social media to voice their issues.

15 April 2024, 16:39 IST

Kotak Mahindra customers face troubles as bank servers get impacted

15 April 2024, 16:39 IST

PM bats for studying newer banking structure to fund credit needs of projects for India's future

The PM said the banking industry needs to move forward to ensure that it can fund the credit needs of the projects necessary for the country's future growth.

01 April 2024, 09:14 IST

PM bats for studying newer banking structure to fund credit needs of projects for India's future

01 April 2024, 09:14 IST

RBI imposes Rs 59.90 lakh penalty on Nashik's Janalaxmi Cooperative Bank

The bank had failed to constitute a board of management within the extended timeline granted by RBI, sanctioned credit to nominal members in excess of prescribed limit, and opened/renewed term deposits at higher interest rates than SBI.

26 March 2024, 15:38 IST

RBI imposes Rs 59.90 lakh penalty on Nashik's Janalaxmi Cooperative Bank

26 March 2024, 15:38 IST

Banks need more credit officers

If banks are lending more, they will earn more. Thus, it can be easily said that a bank's credit portfolio is the source of its bread and butter. So, banks want this portfolio to be strong, qualitatively and quantitatively.

05 March 2024, 00:18 IST

Banks need more credit officers

05 March 2024, 00:18 IST

Paytm gets merchants' backing; assures service continuity without disruption

'We assure our users and merchant partners that the Paytm app and services continue to operate at full capacity,' the company said in a blog on Sunday.

11 February 2024, 15:08 IST

Paytm gets merchants' backing; assures service continuity without disruption

11 February 2024, 15:08 IST

Kotak Q3 net profit rises 6.75% to Rs 4,265 crore; bank flags deposits as challenge

The bank's newly appointed Managing Director and Chief Executive Ashok Vaswani said the bank is in great shape, but the challenge before him now is to identify the particular area that can help it grow faster, and make the bank's size bigger.

20 January 2024, 14:32 IST

Kotak Q3 net profit rises 6.75% to Rs 4,265 crore; bank flags deposits as challenge

20 January 2024, 14:32 IST

HDFC Bank shares plunge over 8% post Q3 earnings; valuation erodes by Rs 1 lakh crore

HDFC Bank on Tuesday reported a 2.65 per cent rise in consolidated net profit of Rs 17,258 crore for the October-December period against Rs 16,811 crore in the preceding September quarter.

17 January 2024, 12:34 IST

HDFC Bank shares plunge over 8% post Q3 earnings; valuation erodes by Rs 1 lakh crore

17 January 2024, 12:34 IST

Bank of Maharashtra Q3 profit jumps 34% to Rs 1,036 crore

In a regulatory filling, the bank said that the total income increased to Rs 5,851 crore during the quarter under review against Rs 4,770 crore in the same period last year.

16 January 2024, 09:14 IST

Bank of Maharashtra Q3 profit jumps 34% to Rs 1,036 crore

16 January 2024, 09:14 IST

Federal Bank Q3 profit rises 25% to Rs 1,007 cr

The bank had earned a net profit of Rs 804 crore in the same quarter a year ago.

16 January 2024, 08:53 IST

Federal Bank Q3 profit rises 25% to Rs 1,007 cr

16 January 2024, 08:53 IST

RBI Guv warns against ‘algorithm-based’ lending by banks

Model based, algorithm lending can 'lead to a potential crisis', Das said in a speech at an annual banking event hosted in Mumbai on Thursday.

11 January 2024, 11:46 IST

RBI Guv warns against ‘algorithm-based’ lending by banks

11 January 2024, 11:46 IST