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Armed robbers loot Rs 6 lakh from bank in J&K’s Baramulla

Srinagar, April 22 | Armed robbers looted Rs 6 lakhs from a branch of the J&K Bank in Baramulla district on Thursday, police...

DCB Bank acquires 9% equity stake in Techfino Capital

Mumbai, April 21 | Private sector lender DCB Bank Ltd on Wednesday said that it has acquired a minority equity stake of around...

Airtel Payments Bank increases day-end balance limit to Rs 2 lakh

New Delhi, April 18 | In line with the Reserve Bank of India's (RBI) guidelines, Airtel Payments Bank on Sunday announced that it has...

HDFC Bank’s Q4 standalone net profit rises over 18% (Lead)

Mumbai, April 17 | Lending major HDFC Bank on Saturday reported an 18.2 per cent increase in its standalone net profit for the fourth...

HDFC Bank’s Q4 standalone net profit rises over 18%

Mumbai, April 17 | Lending major HDFC Bank on Saturday reported an 18.2 per cent increase in its standalone net profit for the fourth...

Yes Bank, SBI Cards top bought large cap stocks for MFs...

Mumbai, April 13 | As equity linked mutual funds schemes witnessed net inflows for the first time in nine months in March, Yes Bank,...

Book on dramatic rise, meteoric downfall of YES Bank to be...

New Delhi, April 13 | "The Banker Who Crushed His Diamonds" that charts the trajectory of the YES Bank from its inception to its...

12 Bandhan Bank staff test Covid positive in Patna

Patna, April 12 | As many as 12 employees of Bandhan Bank here on Monday tested positive for coronavirus.A health official at Patna civil...

SEBI fines Yes Bank for fraudulent acts on customers in ‘Super...

New Delhi, April 12 | Yes Bank has been fined Rs 25 crore by the Securities and Exchange Board of India (SEBI) for perpetrating...

Iran urges S.Korea to unfreeze bank assets

Tehran, April 12 | Iran's First Vice-President Eshaq Jahangiri called on South Korea to unfreeze Tehran's assets in its banks as soon as possible.Blocking...

UN chief applauds IMF, World Bank measures to address COVID-related debt...

United Nations, April 10 | United Nations Secretary-General Antonio Guterres welcomed the steps announced by the International Monetary and Finance Committee (IMFC) and the...

Equitas Small Finance Bank’s Rs 34,287 cr business in FY 21

Chennai, April 7 | City based Equitas Small Finance Bank Ltd on Wednesday said it closed last year with a total business of Rs...

India hosts 1st meet of BRICS Finance Ministers, Central Bank Governors

New Delhi, April 6 | India hosted a meeting of BRICS Finance Ministers and Central Bank Governors virtually on TuesdayThe meeting, jointly chaired by...

Axis Bank, subsidiaries acquire over 12% in Max Life, become co-promoters

New Delhi, April 6 | Lending major Axis Bank, along with its subsidiaries, have become the co-promoters of Max Life Insurance Company.The bank and...

Covid resurgence, partial lockdown dent equities; bank stocks plunge (Roundup)

Mumbai, April 5 | Resurgence of domestic Covid cases as well as high re-imposition of partial lockdown measures dragged the India's equity indices deep...

Covid resurgence dents equities; bank stocks plunge (Ld)

Mumbai, April 5 | Resurgence of domestic Covid cases as well as high valuations dented India's equity indices on Monday.Accordingly, market opened on a...

ACB arrests former J&K Bank chairman in tender fraud case

Srinagar, April 3 | The anti-corruption bureau (ACB) arrested former chairman of J&K Bank, Parvez Ahmad Nengroo on Saturday in connection with a...

Yes Bank targets startup sector, ties-up with GVFL

Mumbai, April 3 | To broaden its services for the start-up sector, the lender Yes Bank has tied-up with GVFL Limited.Accordingly, the two companies...

Reliance infra & YES Bank announce sale transaction of Reliance Centre...

Mumbai, April 1 | Reliance Infrastructure Limited and YES Bank Limited announced a sale transaction of Reliance Centre, Santacruz, Mumbai to YES Bank.The...

Last date today for submitting bids for unified bank licences

New Delhi, March 31 | March 31 is the deadline for submitting applications for setting up a pan-India umbrella entity for retail payments.The Reserve...

Cabinet likely to consider IDBI Bank privatisation next week

New Delhi, March 30 | As the government's new disinvestment policy moves ahead, the Union Cabinet is likely to consider the privatisation of IDBI...

RBI extends restrictions on PMC Bank till June 30

Mumbai, March 26 | The Reserve Bank of India (RBI) on Friday extended the restrictions on the withdrawal and deposits in the scam-hit Punjab...

CBI searches 100 locations across India in 30 bank fraud cases

New Delhi, March 25 | The Central Bureau of Investigation (CBI) on Thursday conducted searches at more than 100 places across India in connection...

RS passes National Bank for Financing Infrastructure and Development Bill

New Delhi, March 25 | The Rajya Sabha on Thursday passed the National Bank for Financing Infrastructure and Development which was earlier passed by...

Israel arrests 27 Palestinians in West Bank

Ramallah, March 25 | Israeli forces arrested 27 Palestinians, including two leaders of the Islamic Hamas movement, in the West Bank, according to sources...

Gunmen loot Rs 2L from J&K Bank in Budgam

Srinagar, March 24 | Unidentified gunmen looted Rs 2 lakh on Wednesday from a bank in J&K's Budgam district.Reports here said gunmen entered the...

Moody’s withdraws ratings of IOB, Central Bank of India

Chennai, March 23 | Global credit rating agency Moody's Investors Service on Tuesday said it has withdrawn the ratings, assessments and outlooks of the...

Israel to impose closure on West Bank, Gaza

Tel Aviv, March 23 | The Israeli military has said that a one-day closure will be imposed on the West Bank and Gaza Strip...

Turkish lira tumbles after sacking of central bank head

Ankara, March 22 | The Turkish lira plunged around 11 per cent on Monday after President Recep Tayyip Erdogan fired the central bank governor...

DMK focuses on Muslim vote bank to romp home

Chennai, March 21 | With opinion polls and poll pundits predicting a huge victory for the DMK, the party leadership is leaving no stone...

World Bank approves $200mn for B’desh youths

Dhaka, March 18 | The World Bank on Thursday has approved a loan of $200 million to help the low-income urban youths in Bangladesh...

Two day bank strike successful: AIBEA

Chennai, March 16 | The two day nationwide banker's strike in protest against privatisation of government banks was a total success, said the top...

Bank strike: Cheques worth Rs 16,500 crore stuck

Chennai, March 15 | The two-day nationwide strike called by the United Forum of Bank Union in protest against privatisation of the government banks...

Axis Bank to acquire 9.9% stake in Max Bupa Health’s promoter...

Mumbai, March 14 | Axis Bank will acquire 9.9 per cent stake in Fettle Tone LLP, a promoter entity of Max Bupa Health Insurance.A...

Palestine extends lockdown in West Bank

Ramallah, March 14 | Palestinian authorities have announced a decision to extend the full lockdown on the West Bank for five more days, starting...

US bank to enhance Biological E’s capacity for Covid vax

Hyderabad, March 13 | The US International Development Finance Corporation (DFC), America's development bank, will work with the Hyderabad-based Biological E and finance its...

Lebanon Parliament passes laws on World Bank loans

Beirut, March 13 | The Lebanese Parliament has passed a law on a $246 million World Bank loan that will provide direct cash assistance...

Palestinian Minister injured in West Bank clashes

Ramallah, March 13 | Palestinian Labour Minister Nasri Abu Jaish and other five protesters were injured in clashes with Israeli soldiers in the...

Cholamandalam Investment and Finance Company Limited (Chola) and Karur Vysya Bank...

Co-lending partnership with KVB opens up new business opportunities by enabling access to new customers for both KVB and Chola The model not only...

Bank staff strike on March 15-16 against privatisation

Chennai, March 11 | With the conciliation meeting between bank unions and the Central government failing, about 10 lakh bank employees will strike work...

Axis Bank introduces wearable devices for contactless transactions

Mumbai, March 10 | Private sector lender Axis Bank on Wednesday introduced wearable devices to carry out contactless transactions. Accordingly, the bank launched its...

India, B’desh must adopt seamless transport connectivity: World Bank report

New Delhi, March 9 | With ample space of enhancing trade ties between India and Bangladesh, the two neighbours should move towards seamless transport...

ICICI Bank reduces home loan interest rate to 6.70%

New Delhi, March 5 | Lending major ICICI Bank reduced its home loan interest rate to 6.70 per cent, the company said on Friday.Accordingly,...

PNB Housing Finance tie up with Yes Bank for co-lending

Mumbai, March 5 | PNB Housing Finance and Yes Bank on Friday said that they have entered into a strategic co-lending agreement to offer...

Kotak Mahindra Bank, Indian Army sign MoU on salary accounts

New Delhi, March 4 | Kotak Mahindra Bank on Thursday said that it has signed a Memorandum of Understanding (MoU) with the Indian Army...

Here comes a smartphone power bank rental network

Bengaluru, March 4 | Running out of smartphone battery may soon cease to be an anxiety-triggering moment as Ramani Iyer, who co-founded Justdial, has...

Bank of Baroda lead lender of Reliance Home Finance Limited representing...

New Delhi, March 4 | Bank of Baroda (BoB), the lead lender of Reliance Home Finance Limited representing 34 banks and institutions has dragged...

Sonu Sood to launch blood bank app

Mumbai, March 3 | Actor Sonu Sood is going to launch what is expected to be India's biggest blood bank, through an app named...

NCLT upholds Doha Bank plea, Reliance Infratel Financial Creditors to get...

Mumbai, March 3 | National Company Law Tribunal (NCLT), Mumbai has upheld the petition of Doha Bank resulting in 100 per cent recovery for...

Bank of Ireland to close 103 branches

Dublin, March 2 | Bank of Ireland has confirmed that it will close 103 branches in Ireland and Northern Ireland starting from September onwards.The...

Business

Apple pips Samsung to take 2nd spot in India tablet market

New Delhi, April 22 | Riding on the surge in remote work, learning and fun activities at home during the pandemic, Apple dethroned Samsung...