Thiruvananthapuram
C
Alappuzha
Ernakulam
Idukki
Kannur
Kasaragod
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Pathanamthitta
Thiruvananthapuram
Thrissur
Wayanad
Friday, August 14, 2020

banking-2

SBI's Q1 profit surges 81% to Rs 4,189 cr

The country's largest bank SBI on Friday posted an 81 per cent spike in standalone net profit at Rs 4,189.34 crore for the first quarter of current f...

Yes Bank takes possession of Anil Ambani's group HQ in Mumbai

Yes Bank has taken over the headquarter of Anil Ambani's group in surburban Santacruz for failure to repay dues worth Rs 2,892 crore. The private sec...

Infrastructure push can re-ignite economic growth: RBI Governor

New Delhi: RBI Governor Shaktikanta Das made a strong case for stepping up investments in the infrastructure sector to restart the economy reeling un...

Economy showing signs of getting back to normalcy: RBI Governor

Mumbai: The Indian economy has started showing signs of returning to normalcy in response to the staggered easing of lockdown restrictions, RBI Gover...

SBI cuts MCLR by 5-10 bps for shorter tenors

Country's largest lender State Bank of India (SBI) said it has reduced its marginal cost of funds based lending rate (MCLR) by 5-10 basis points (bps...

New rules for bank account holders, ATM card users

New Delhi: Several new rules for financial transactions relating to ATM withdrawals, minimum bank account balance, mutual funds and Atal Pension Yoja...

Canara Bank shares tank nearly 7%

Shares of Canara Bank on Thursday fell by nearly 7 per cent after the company reported a standalone net loss of Rs 3,259 crore for the quarter ended ...

Cooperative banks to be brought under RBI supervision

New Delhi: The government said all cooperative banks and multi-state cooperative banks will come under the supervision of the Reserve Bank of India, ...

SBI cuts fixed deposit interest rates by 40 bps

Mumbai: India's largest public sector bank State Bank of India (SBI) cut fixed deposit interest rate by 40 basis points across all tenors.This is the...

HDFC Q4 net falls to Rs 2,233 cr

HDFC posted a net profit of Rs 2,233 crore for the quarter ended March 31, down from Rs 2,862 crore in the corresponding quarter of the previous year...

RBI extends moratorium period by 3 months

New Delhi: In his third such address since the coronavirus-induced lockdown began on March 25, Reserve Bank of India (RBI) Governor Shaktikanta Das c...

RBI may extend moratorium on repayment of loans for 3 more months: Report

Mumbai: With the government extending the nationwide lockdown up to May 31, the Reserve Bank of India (RBI) is likely to extend the moratorium on rep...

Zubair Iqbal appointed as MD of J-K Bank

The Jammu and Kashmir administration on Friday approved the appointment of senior vice president of HDFC Bank Zubair Iqbal as the new managing direct...

Kotak Mahindra Bank Q4 profit down 4% to Rs 1,952 cr

Kotak Mahindra Bank reported 4 per cent decline in consolidated net profit at Rs 1,951.82 crore for the fourth quarter ended March 2020 due to COVID-...

PSBs sanctioned Rs 5.66 lakh cr loans during Mar-Apr: Minister

Finance Minister Nirmala Sitharaman said public sector banks (PSBs) sanctioned loans worth Rs 5.66 lakh crore to borrowers during March and April, an...

RBL Bank net profit declines 54% in March quarter

RBL Bank reported a 54 per cent decline in its net profit to Rs 114 crore for the March 2020 quarter, as the provisioning for bad loans spiked manyfo...

SBI hikes home loan rates by up to 30 basis points

Mumbai: State Bank of India (SBI) has raised its home loan rates that are linked to repo rate by up to 30 basis points, a move which may be followed ...

SBI to extend moratorium to NBFCs

The country's largest lender SBI has decided to extend the RBI-approved moratorium to the cash-strapped NBFC sector to help them tide over the crisis...

HDFC Bank Q4 net rises 15.4% to Rs 7,280 cr

Private sector lender HDFC Bank on reported a 15.4 per cent rise in consolidated net profit at Rs 7,280.22 crore for the fourth quarter of 2019-20. ...

RBI bans banks, cooperatives from paying dividends

The Reserve Bank debarred all commercial and cooperative banks from paying dividends to shareholders and promoter groups as the regulator fears the C...