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Articles for Banking & Finance

Bajaj Finserv Q2 Results: Net profit Rises 24% To Rs 1,929 Cr

During the quarter under review, the company's consolidated total income increased by 25% year-on-year, reaching Rs 26,023 crore, compared to Rs 20,803 crore in the corresponding period the previous year

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Bank Of Baroda Launches bob LITE Savings Account

This account offers customers a hassle-free banking experience without any minimum balance requirement

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IIFL Finance Appoints TS Ramakrishnan As Additional Director

Ramakrishnan will assume his new role effective from 26 October 2023

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RBI Denies Abhyudaya Cooperative Bank License Cancellation

The cooperative bank located in Mumbai operates 109 branches, with 18 of them offering services every day of the week

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Punjab National Bank's Stock Surges 3.3% As Net Profit Rises 327% In Q2

Lower provisions and improved operating profit lifted the bank's Q2 FY24 net profit to Rs 1,756 crore, its highest in 14 quarters, compared to Rs 411 crore in the same period last year

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PNB Q2 Results: Net Profit Surges To Rs 1,756 Cr, NII Up By 20%

Net interest income (NII) during the second quarter rose 20 per cent year- on-year to Rs 9,923 crore

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RBI Directs Banks To Appoint At Least Two Whole-time Director

RBI has instructed banks to enhance their senior management teams by appointing at least one whole-time director, in addition to the managing director, within four months

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Euro Area sees monetary developments in September 2023

Over the three months leading to September, the average growth rate remained at -1.0 per cent

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