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Articles for Banking & Finance

Ashok Vaswani Will Be New MD & CEO Of Kotak Mahindra Bank

Ashok Vaswani has extensive banking expertise, having previously served as Chief Executive Officer of Barclays Bank, UK, and then as CEO of their Global Consumer, Private, Corporate and Payments operations, as well as a member of the Group Executive Committee

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RBL Bank Q2 Net Profit Surges 45.9%, Asset Quality Stable Despite Higher Provisions

RBL Bank reported fresh slippages of Rs 541 crore in the quarter, down 33.4 per cent compared to the previous year

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ICICI Bank Q2 Net Profit Rises 36% To Rs 10,261 Cr, Bad Loan Provisions Drop

ICICI Bank's Q2 net profit of Rs 10,261 exceeded analysts' expectations, marking a 36 per cent year-on-year growth, surpassing their estimates of Rs 9,422 crore, representing a 25 per cent YoY growth

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Yes Bank Q2 Results: Net Profit Surges Over 47% To Reach Rs 225.21 Cr

The bank's net interest income (NII) stood at Rs 1,925 crore, up by 3.3 per cent year-on-year

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Kotak Mahindra Bank Q2 Results: Net Profit Up 24% To Rs 3,191 Cr

The bank's net interest income (NII) also showed strong growth, reaching Rs 6,297 crore, a 23.49 per cent increase from the previous fiscal's Rs 5,099 crore for the same quarter

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Q2 Earnings Estimates for ICICI Bank, Kotak Mahindra Bank, Yes Bank As Results Awaited Today

ICICI Bank is set to announce its financial results for the quarter ending in September, with analysts estimating a net profit of approximately Rs 9,459.2 crore

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Paytm Reduces Loss To Rs 292 Cr

This represents a significant improvement from the Rs 571.5 crore loss recorded during the same period the previous year

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RBI Imposes Rs 2.5 Cr Fine On L&T Finance For Non-Compliance

The penalty has been levied by the RBI under the relevant sections of the Reserve Bank of India Act, 1934

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