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JC Flowers Asset Reconstruction Company in talks to merge into Assets CareJC Flowers Asset Reconstruction Company is in talks to merge with ACRE. This move would create one of the largest bad-loan aggregators in I...- Canara Bank targets up to $2.5 billion via FCNR-B, overseas borrowingsCanara Bank plans to raise up to $2.5 billion through FCNR-B deposits and overseas borrowings to boost dollar inflows. The lender reported ...
- Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growthTamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net inter...
- IDFC First Bank shares soar 9% after Q1 profit jumps 132% to Rs 1,075 crore. What are analysts saying?IDFC First Bank share price gained 9% after it reported its highest-ever quarterly profit after tax of Rs 1,075 crore. Net interest income ...
- IDFC First Bank Q1 Results: Profit shoots up 132% YoY to record Rs 1,075 crore; NII jumps 21%IDFC First Bank Q1 Results: IDFC FIRST Bank on Saturday reported its highest-ever quarterly profit after tax (PAT) of Rs 1,075 crore for th...
- AU Small Finance Bank Q1 net profit jumps 37% to Rs 796 croreAU Small Finance Bank recorded a 37% surge in Q1 net profit to Rs 796 crore, driven by robust loan growth and improved asset quality. Gross...
- CreditAccess Grameen Q1 net profit jumps 8-fold to Rs 493 crCreditAccess Grameen reported an eight-fold increase in profits during the first quarter, driven by improved ground-level repayment rates a...
- Bank of India aims to raise $1.2 billion through FCNR-B deposits, plans additional $2 billion overseas borrowingBank of India seeks $1.2 billion from foreign currency deposits and $2 billion from overseas borrowings. The bank has already secured $200 ...
- India's SBI Card posts higher quarterly profit on asset quality boostSBI Cards announced an impressive profit surge attributed to lower provisions for bad loans. A remarkable rise in card spending highlighted...
- Suryoday SFB Q1 profit more than doubles on strong loan growthSuryoday Small Finance Bank reported a more than twofold rise in first-quarter net profit to Rs 75 crore, driven by healthy business growth...
- Ujjivan Small Finance Bank grows share of secured loan to over 50%Ujjivan Small Finance Bank has achieved a significant milestone by increasing its secured loan portfolio. This strategic shift now represen...
- Punjab & Sind Bank hopes to surpass Rs 1,000 crore recovery target in FY27Punjab & Sind Bank anticipates exceeding its recovery target for the current fiscal year. The bank is actively reducing non-performing asse...
- Jana SFB reports ₹169-crore gap in FY25 gross NPAsJana Small Finance Bank disclosed a ₹169 crore divergence in gross non-performing assets. The bank's reported GNPAs were lower than the Res...
- Bandhan Bank Q1 profit jumps 35% as provisions decline sharplyBandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs i...
- Indian Overseas Bank eyes $650 million foreign deposits by SeptemberIndian Overseas Bank aims to gather $650 million in foreign currency deposits by September. The bank has already secured $300 million witho...
- Karur Vysya Bank net profit surges 45% to Rs 756 crore in Q1, asset quality sees slight slipKarur Vysya Bank announced a significant 45% rise in first quarter net profit. This increase brought their earnings to ₹756 crore compared ...
- PNB shares jump 6% as Q1 profit soars 214%, beats Street estimates. What next?Punjab National Bank shares rose sharply on Monday after the PSU lender reported a 214% YoY jump in Q1FY27 net profit, beating Street estim...
- PNB Q1 Results: Net profit surges 214% YoY to Rs 5,253 crore; NII up 2%PNB Q1 Results: Sequentially, however, net profit rose marginally by a little over 0.5% QoQ from Rs 5,225 crore reported in the preceding t...
- RBI imposes penalties on Muthoot Finance, 5 others for compliance violationsThe Reserve Bank of India has imposed penalties on six financial companies. Muthoot Finance received a Rs 5.80 lakh fine for risk managemen...
- Central Bank of India Q1 results: Profit rises 13% to Rs 1,324 crCentral Bank of India announced a thirteen percent net profit increase for the June quarter. Total income rose to Rs 10,678 crore, and inte...
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