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banks
Microsoft outage caused minor disruptions in 10 banks/NBFCs: RBI
A widespread Microsoft outage disrupted flights, banks, media outlets and companies around the world on Friday.
19 July 2024, 14:44 IST
Microsoft outage caused minor disruptions in 10 banks/NBFCs: RBI
19 July 2024, 14:44 IST
HDFC Bank falls as India's top private bank posts sequentially weak Q1 loans, deposit growth
The flat deposit growth was below what the bank managed a year ago, Jefferies analysts said in a note, calling it 'slightly disappointing.'
05 July 2024, 06:59 IST
HDFC Bank falls as India's top private bank posts sequentially weak Q1 loans, deposit growth
05 July 2024, 06:59 IST
RBI Governor Shaktikanta Das pushes for stronger governance, cybersecurity in banks
Das also urged banks to adopt cybersecurity controls and effectively manage third-party risks, the central bank said in a statement, without specifying these risks.
03 July 2024, 15:21 IST
RBI Governor Shaktikanta Das pushes for stronger governance, cybersecurity in banks
03 July 2024, 15:21 IST
Are banks equipped for social engineering?
Expecting banks to ‘serve’ society while making less money (because of reduced growth aspirations that the regulators would want them) raises a moral question in a capitalist society.
26 June 2024, 06:03 IST
Are banks equipped for social engineering?
26 June 2024, 06:03 IST
SBI expects 14-15% credit growth in current fiscal: Chairman Khara
'Normally the way we look at it is that the GDP growth rate plus inflation and 2-3 per cent over that. That gives us the number around 14 per cent or so. Hence, 14-15 per cent credit growth depends upon the opportunities available for lending, and it meets our risk appetite. We will be happy to grow at this pace', the Chairman said.
17 June 2024, 09:09 IST
SBI expects 14-15% credit growth in current fiscal: Chairman Khara
17 June 2024, 09:09 IST
Public sector banks' total profit crosses Rs 1.4 lakh crore in FY24
In percentage terms, Delhi-based Punjab National Bank had the highest net profit growth with 228 per cent to Rs 8,245 crore, followed by Union Bank of India with a 62 per cent rise to Rs 13,649 crore and Central Bank of India with a 61 per cent increase to Rs 2,549 crore.
14 May 2024, 09:09 IST
Public sector banks' total profit crosses Rs 1.4 lakh crore in FY24
14 May 2024, 09:09 IST
Punjab National Bank's Q4 profit jumps nearly three-fold to Rs 3,010 cr
The total income increased to Rs 32,361 crore during the quarter under review, as against Rs 27,269 crore in the same period last year, PNB said in a regulatory filing.
09 May 2024, 10:18 IST
Punjab National Bank's Q4 profit jumps nearly three-fold to Rs 3,010 cr
09 May 2024, 10:18 IST
Banks illegally shorted $156 million of stocks: South Korea probe
Activities of global banks and hedge funds have come under increased scrutiny in recent months in South Korea,
06 May 2024, 11:13 IST
Banks illegally shorted $156 million of stocks: South Korea probe
06 May 2024, 11:13 IST
India needs more banks, and RBI must wake up
While it is prudent for the banking regulator to be highly careful while awarding bank licences, the process of awarding and rejecting applications is not very transparent.
24 April 2024, 05:28 IST
India needs more banks, and RBI must wake up
24 April 2024, 05:28 IST
Fincare merges with AU Small Finance Bank
In an all-stock merger deal first announced on October 29, 2023, where the shareholders of Fincare SFB received 579 equity shares in AU SFB for every 2,000 equity shares held in Fincare SFB, the merger received final approval from RBI on March 4, 2024, with the effective date of April 1, 2024.
01 April 2024, 16:00 IST
Fincare merges with AU Small Finance Bank
01 April 2024, 16:00 IST
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