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Articles for Banking & Finance

Bank of Japan Keeps Ultra-Loose Policy, Cuts Core Inflation Forecast

In a statement released on Tuesday following a two-day meeting, the BOJ unanimously decided to keep interest rates at -0.1 per cent and adhere to its yield curve control policy, which sets the upper limit for 10-year Japanese government bond yields at 1 per cent

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Paytm Surpasses 100 Mn Monthly Active Users Milestone

Paytm’s products such as UPI Credit and UPI autopay have experienced substantial growth, generating what CEO Vijay Shekhar Sharma described as high-quality customers for the platform

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Karur Vysya Bank Q3 Earnings: Registers a 43% Surge in Net Profit, Reaches Rs 412 Cr

Quarter ending December 2023 witnesses a 24 per cent surge in Karur Vysya Bank's total income, reaching Rs 2,497 crore

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Ayodhya's Ram Temple Makeover May Draw 50 Million Tourists, Costing Rs 85,000 Cr: Jefferies

The firm anticipates an economic boost through an Rs 85,000 crore makeover, including a new airport, revamped railway station, township development, improved road connectivity, and more

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Dollar's Strength Falters Ahead Of Central Bank Decisions

This year, the yen has depreciated significantly against the dollar, retracting about 5 per cent after swiftly reversing from its December peak at five-month highs around 140

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IDFC First Bank PAT Up 18% YoY To Rs 716 Cr

Net Interest Income (NII) grew 30 per cent YOY from Rs. 3,285 crore in Q3-FY23 to Rs 4,287 crore in Q3- FY24

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ICICI Bank’s Profit Grows 23.6% YoY To Rs 10,272 Cr In Q3 FY24

Net NPA ratio was 0.44 per cent till 31 December 2023 compared to 0.43 per cent at 30 September 2023

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J&K Bank's Q3 Profits Soar 35% To Rs 421 Cr

The bank's Net Interest Income (NII), representing the difference between interest earned and interest expended, witnessed a substantial growth of 1.8 per cent, reaching Rs 1,280.4 crore in Q3FY24

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