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Articles for Banking & Finance

Kotak's First-quarter Profit Lags Estimates As Provisions Surge

Kotak's stock rallied close to 30 percent in the June quarter, outperforming the NSE stock index and the Nifty Private Bank index

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Kotak Mahindra Bank First-Quarter Profit Misses Estimates

Analysts had on average expected a net profit of 11.67 billion rupees for the second most valuable listed lender in India, with a market capitalisation of about $39 billion

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We Aim To Make India Financially Literate, Says C.S. Sudheer, IndianMoney.com

In an interview with BW Businessworld, C.S. Sudheer, CEO and Founder of IndianMoney.com, talks about his venture and more

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India To Inject USD 1.65 Billion In Five State Banks In About A Week: Government Source

PNB will get 28.16 billion INR, while Indian Overseas Bank, Corporation Bank, Andhra Bank and Allahabad Bank are the other four lenders in which the government will inject capital in the latest round

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HDFC Asset Management IPO Seeks Up To $409 Million

The shares are being sold in a price range of Rs 1,095 rupees to Rs 1,110

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DBS Outpaces Rivals In Digital Banking, Improves Cost To Income Ratio

DBS is the first bank in the world to develop a methodology for measuring the financial value created by digitalization

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We Intend To Provide Solutions To People Who Don't Understand Online Transactions: Praveen Dhabhai, Payworld

In an interview with BW Businessworld, Praveen Dhabhai, COO, Payworld, shares company's business model, revenue model and future plans

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LIC Gets Board's Nod To Buy Majority Stake In IDBI Bank

LIC already owns about 8 per cent of IDBI, will most likely buy additional shares in the lender via a preferential issue

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