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Articles for Banking & Finance

Yes Bank Clocks A Consistent 25.1% Growth In Profit In Q2FY18

Yes Bank crosses the Rs 1000 crore revenue for the first time in a quarter in its 13th year of operations

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Yes Bank's INR 1,002.73 Cr Profit in Q2FY18 Shows How The Bank's Investments In New Age Technologies And Digital Channels Has Improved Productivity And Efficiency

The lender reported a total income of Rs 6,048.78 crore as against Rs 4,982.23 crore during the second quarter of the last financial year

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Tax Saving On Your Mind? Here's What You Should And Shouldn't Do

With today's rich valuations and multitude of push and pull factors driving the markets to and fro, it would be sensible to break up your target ELSS investment amount into six equal tranches using SIP's or Systematic Transfer Plans, instead of making a lump sum investment

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YES Bank's Digital Diya Campaign Spreads Digital Financial Literacy

YES Bank launches the Digital Diya initiative to impart financial literacy to 50 villages by illuminating the lives of people in rural India

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IDFC Bank Second-quarter Profit Falls About 40%

Net profit fell to Rs 2.34 billion ($35.92 million) in the quarter ended Sept. 30, from 3.88 billion rupees a year earlier, the bank said

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Kotak Mahindra Bank Second-quarter Profit Rises, Meets Estimates

Net profit rose to Rs 9.94 billion ($152.62 million) in the quarter ended 30 September, from Rs 8.13 billion a year earlier

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PSU Bank Recap Plan 'Monumental Step Forward': Urjit Patel

Urjit Patel in a statement said that a well-capitalized banking system is a pre-requisite for stable economic growth and a monumental step is required in safeguarding India's economic future

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Capital Infusion Of PSBs To Support Credit Growth, Job Creation

The government on October 24 unveiled Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks, which includes re-capitalisation bonds, budgetary support, and equity dilution

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