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Articles for Banking & Finance

NCLT Admits Standard Chartered Bank's Plea Of Four Care Hospital

Rajan Garg is appointed as the resolution professional for Four Care Hospital CIRP

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JPMorgan Executive Shakeup Sparks Succession Talks

Wall Street closely watches the future leadership trajectory post-Jamie Dimon's potential departure in 3-1/2 years

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SBI Removes 'Fraud' Label From Religare Finvest

SBI's removal of RFL from the Central Fraud Registry database, initiated in 2016 by commercial banks and financial institutions to report fraud, was confirmed by REL in a filing to the stock exchanges

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Net Profit Of PNB Up 253% YoY To Rs 2,223 Cr

Punjab National Bank released its Q3FY24 results, posting a 253 per cent YoY jump in its net profit to Rs 2,223 crore

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SBI Life Profit Jumps By 6% YoY To Rs 322 Cr In Q3 FY24

SBI Life Insurance Company posted a net profit of Rs 322 crore in the December quarter (Q3FY24), up 6 per cent year-on-year (YoY) from Rs 304 crore posted in the same quarter last year

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Norms Eased For Direct Global Listing For ‘Gift’

Indian residents can't undertake share transactions on the IFSC exchanges, which are meant for only foreign investors and non-resident Indians

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Panchayats Should Augment Tax & Non-tax Revenue Resources: RBI

Finances of Panchayati Raj Institutions (PRIs) face constraints as they have limited own revenues from fees, fines and property taxes

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SBI Report Projects Fiscal Deficit At 5.5% Of GDP For FY25; Gross Tax To GDP Ratio Reaches 16-year High

According to the report, the fiscal deficit for the fiscal year 2024-25 is anticipated to be set close to 5.5 per cent of the Gross Domestic Product (GDP)

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