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Articles for Banking & Finance

SBI Post-merger Q1 Net Profit Jumps Three-fold To Rs 3,105 Crore

The bank's total consolidated income during the April-June quarter of 2017-18 stood at Rs 70,776.56 crore, SBI said in a regulatory filing. The total earnings in the same quarter of 2016-17 was at Rs 69,414.82 crore

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3 Reasons Why A Financial Plan Is Essential

Financial Planning forces you to consider your important personal finance ratios, such as your savings to surplus ratio, and your debt to income ratio. Keeping these ratios in check automatically prevents you from taking on more leverage than is healthy at any point in time

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Bank NPAs Register Significant Growth During Jan-Jun: Survey

The Ficci-IBA survey carried out for January-June revealed that NPAs in public sector banks shot up considerably, with 91 per cent respondents from public sector banks reporting an increase

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RBI May Need To Drain Up To $22 Billion As Inflows Add To Excess Liquidity

Foreign investments into debt and shares have reached a net $31 billion this year, compared with $2.7 billion in sales last year, due to factors including India's low inflation and improving economic growth

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‘India Is Becoming More Influential’

In an interview, Rakesh Mohan, former deputy governor of the Reserve Bank of India, reassures the country that, ‘when we make up our mind, we can do things. If it was done once, it can be done again’

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MF Equity Interest Hits Record High In July: Deutsche bank

July was a historic month for Indian equities, with total equity inflows into domestic mutual funds rising to an all-time high of Rs 18,200 crore

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Bank Of India Swings To First Quarter Profit, Bad Loans Fall

Net profit was Rs 877.1 million in the quarter ended June 30, compared with a loss of Rs 7.41 billion a year earlier

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Axis Bank Slashes Interest Rate, Get 3.5% On Rs 50 Lakh

However, the bank will continue to pay 4 per cent interest on deposits of above Rs 50 lakh

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