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Articles for Banking & Finance

Shriram Finance Q4 Earnings: Net Profit Surges 57% To Rs 2,021.28 Cr

Total income for the quarter jumped 24 per cent to Rs 9,918.3 crore compared to Rs 7,979.75 crore in the corresponding period of 2022-23

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Yes Bank's Q4 Net Profit Soars 123% To Rs 451 Cr

The bank's gross non-performing asset (NPA) ratio decreased to 1.7 percent from 2.2 percent in the corresponding quarter of the previous year

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Yen Plunges To 34 Years Low Following BOJ's Decision To Maintain Interest Rates

Immediately after the announcement, the yen declined by approximately 0.2 per cent weakening to 156.1 per dollar

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30% Surge In job Demand For BFSI Sector In Tier 2 & 3 cities: Data

This heightened demand extends beyond major metropolitan areas, encompassing smaller cities in tier-2 and tier-3 categories, where substantial growth is observed

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Regulators Close Philadelphia's Republic First Bank, First US Bank Failure Of 2024

The Federal Deposit Insurance Corp. announced Friday the seizure of the Philadelphia-based bank with assets totaling around USD 6 billion and deposits of approximately USD 4 billion as of 31 January

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US Regulators Seize, Sell Philadelphia Bank; First US Bank Failure Of 2024

Based in Philadelphia, Republic Bank had ceased discussions with a group of investors before being seized by the Pennsylvania Department of Banking and Securities

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Bajaj Finserv Records 20% Surge In Q4 Profit To Rs 2,119 Cr

The company's total consolidated income for the fourth quarter of FY24 rose to Rs 32,042 crore, compared to Rs 23,625 crore in the previous year

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ICICI Bank Blocks 17,000 Credit Cards Due To Technical Glitch In iMobile App

The glitch also allowed users to make adjustments to the settings of these cards, such as enabling foreign transactions or changing spending limits

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