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Latest Articles in Banking Finance
China Names Pan Gongsheng To Lead Central Bank Succeeding Yi Gang
The appointment of Pan was endorsed by the National People's Congress, China's ceremonial legislature, and follows other Cabinet-level appointments announced earlier in March
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Kotak Life Partners With Muthoottu Mini For Retail Life Insurance
The tie-up will provide Muthoottu Mini's 30 lakh customer base with a range of life insurance products
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Pantomath Financial Services Group Acquires 75% Stake In Fundgini
Thampy Koshy, CEO, Open Network for Digital Commerce (ONDC) on digital public good through digital public infrastructure, the government’s role in it, and more
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Banks Wrote Off Bad Loans Worth Over Rs 2 Tn In FY23: RBI
Rising bad loans cleared off, but recoveries show little improvement, sparking calls for accountability
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RBI Caps Deposit Withdrawal At Rs 50,000 For Ailing National Co-operative Bank
As part of the restrictions, the bank is not permitted to issue fresh loans or accept new deposits without prior approval from the central bank
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Poonawalla Fincorp Q1FY24 Result: PAT Grows 62% YoY At Rs 200 Cr
Highest-ever disbursements and AUM growth, improved asset quality, and impressive profitability drive remarkable results
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PNB Housing Finance Q1FY24 Net Profit Soars 47.8% To Rs 347.32 Cr
Strong performance fueled by improved asset quality and increased net interest income, the company eyes accelerated growth ahead
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Canara Bank Records 74.8% YoY Rise In Q1 Profit After Tax At Rs 3,534.84 Cr
The boost in profit was attributed to a rise in net interest income, improved interest margins, and better asset quality
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Indian Fintech Sector Funding Plunges 67% In H1 2023
In line with global trends, 55 per cent of the funding in India's fintech sector went to payment players
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About 2.51% Of Rs 2,000 Notes In Circulation Till June End: MoS Finance In Lok Sabha
The total value of Rs 2,000 banknotes in circulation was Rs 3.56 lakh crore at the close of business on 19 May 2023 - when the RBI decided to withdraw the note
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2.51% Of Rs 2,000 Notes In Circulation Till June End: MoS Finance In Lok Sabha
The total value of Rs 2000 banknotes in circulation was Rs 3.56 lakh crore at the close of business on 19 May 2023 - when the RBI decided to withdraw the note
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IDBI Bank's Q1 PAT Reaches Rs 1,224 Crore
The bank reported a total income of Rs 7,711.95 crore for Q1FY24, a significant increase from Rs 5,774.11 crore in Q1FY23
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Pay Income Tax Online With PhonePe
The feature allows taxpayers, both individuals and businesses to pay self-assessment and advance tax directly
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HDFC AMC Reports 52% Surge In Q1 Net Profit
The company's operating profit for the quarter reached Rs 4,133 million, marking an impressive 11 per cent increase compared to the same period in the previous year
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Niva Bupa Launches Student Travel Plan Under TravelAssure
This health insurance program is designed to cater to the needs of students who are embarking on higher studies abroad, whether it be for short-term or long-term courses
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