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Articles for Banking & Finance

Nisus-BCD Fund Makes Investment Of Rs 60 Cr In Project High Cliff

Nisus Finance, a real estate credit fund, has infused Rs 60 crore into High Cliff, a late-stage residential development located in Bellandur, Bengaluru

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Canara Bank Reports Robust Q3 FY24 Profits Of Rs 3,656 Cr, Highlights Strong Financial Metrics & Sectoral Growth

The net interest income has stood at Rs 9,417 crore, reflecting a 9.50 per cent year-on-year (YoY) growth. Similarly, the net interest margin stood at 3.02 per cent, showing a marginal improvement by nine basis points (bps)

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Hitachi Energy Reports Q3 PAT Of Rs 23 Cr; Order Backlog Reaches Rs 7,552 Cr

The Operational EBITA nearly doubled to Rs 58.4 crore in Q3 FY24, compared to Rs 29.9 crore in Q3 FY23

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CCI Approves Merger Of Fincare Small Finance Bank With AU Small Finance Bank

The board of directors of AU Small Finance Bank (AU SFB) and Fincare Small Finance Bank (Fincare SFB) had greenlit an all-stock merger in October of the previous year

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Infibeam Registers Rs 461 Mn Profit, Up 64% YoY

The board of Directors of Infibeam Avenues has approved to acquire 49.50 per cent equity from the existing shareholder of So Hum Bharat Digital Payments

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SBI Life Insurance Unveils Two Term Plans With Return Of Premiums

SBI Life’s ‘Saral Swadhan Supreme’ and ‘Smart Swadhan Supreme’, provide a life cover along with the benefit of the return of premiums at maturity

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Profit Reaches 4%, Asset Quality Robust: Axis Bank Q3 Results

The net profit is at Rs 6071 crore, which is slightly missing the market estimate of Rs 6,114 crore

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Kotak Bank's Board Approves Rs 10,000 Cr NCDs Fundraising

Kotak Mahindra Group stands as a prominent financial services conglomerate in India, providing a comprehensive range of financial services spanning commercial banking, stock broking, mutual funds, life and general insurance and investment banking

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