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Banking sector
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
ICRA downgrades Indian banking sector outlook to ‘stable’ from ‘positive’
The CD ratio is likely to remain elevated at over 80% (including HDFC merger) at the sector level in FY2025, even though some of the private banks may see a decline, while some of the public banks may witness an increase in their CD ratio.
11 April 2024, 00:06 IST
ICRA downgrades Indian banking sector outlook to ‘stable’ from ‘positive’
11 April 2024, 00:06 IST
Government invites public feedback on accessibility guidelines for banking sector
By providing detailed specifications and requirements, the guidelines said it aims to create an environment that is welcoming and accommodating to individuals with diverse abilities.
21 March 2024, 10:15 IST
Government invites public feedback on accessibility guidelines for banking sector
21 March 2024, 10:15 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
Timely, proactive regulatory measures of RBI in last 4-5 yrs led to banking system turnaround: Guv Das
Eleven banks were under prompt corrective action as of June 2018 but today none, he said, adding that the timely and proactive policy and regulatory measures helped them come back with healthy balance sheets.
12 January 2024, 17:07 IST
Timely, proactive regulatory measures of RBI in last 4-5 yrs led to banking system turnaround: Guv Das
12 January 2024, 17:07 IST
Bajaj Finance Q2 profit up 28% at Rs 3,551 cr
Its total consolidated income increased to Rs 13,382 crore during the July-September period against Rs 9,974 crore a year earlier, BFL said in a regulatory filing.
17 October 2023, 14:58 IST
Bajaj Finance Q2 profit up 28% at Rs 3,551 cr
17 October 2023, 14:58 IST
CCI approves merger of IDFC Ltd with IDFC FIRST Bank
IDFC FIRST Bank is in the business of providing banking services, while its parent IDFC Ltd (IDFCL) is an RBI-registered non-banking financial company.
17 October 2023, 14:53 IST
CCI approves merger of IDFC Ltd with IDFC FIRST Bank
17 October 2023, 14:53 IST
HDFC Bank reports Q2 net profit at Rs 16,811 cr, net interest margin narrows
Largest private sector lender HDFC Bank on Monday reported a net profit of Rs 16,811 crore on a consolidated level. In the first results of the merged entity after the amalgamation of its parent HDFC Ltd into the lender, HDFC Bank reported a net profit of Rs 15,976 crore on a standalone basis.
16 October 2023, 11:24 IST
HDFC Bank reports Q2 net profit at Rs 16,811 cr, net interest margin narrows
16 October 2023, 11:24 IST
RBI penalises Union Bank, RBL Bank, Bajaj Finance over non-compliance
In all cases, the RBI added that penalties were based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the entities with their respective customers.
13 October 2023, 14:35 IST
RBI penalises Union Bank, RBL Bank, Bajaj Finance over non-compliance
13 October 2023, 14:35 IST
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