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These 7 private and public banking stocks have an upside of up to 26% in one year, according to analystsWhen it comes to banking, remember this: PSU and private banks have different kinds of loan books; at the end of the day, however, both ope...
State Bank of India hands over Rs 8,813 cr dividend cheque to government for FY26SBI presented a dividend cheque of Rs 8,813 crore for the financial year 2025-26 to Union Finance Minister Nirmala Sitharaman. This payout ...
Better recoveries, low slippages pull down PSU banks write-offs to multi-year lows in FY26Public sector banks in India saw loan write-offs fall to multi-year lows in fiscal year 2025-26. This positive trend is attributed to fewer...
Uncertainty scars J&K’s economy and impacts banking, but resilience here is remarkable: Amitava Chatterjee, J&K BankJammu and Kashmir Bank has recorded its highest profit to date, soaring to Rs 2363.47 crore in FY-26. This achievement marks a significant ...
InCred Holdings files updated draft IPO papers with Sebi; eyes Rs 1,250 cr via fresh issueRetail-focused NBFC InCred Holdings has filed updated draft papers with Sebi for its proposed IPO, aiming for a valuation of around Rs 15,0...
ECLGS 5.0 to benefit 1.1 crore MSME accounts with additional credit support: SBI ReportThe government has approved ECLGS 5.0 to support MSMEs and airlines. This scheme aims to provide crucial working capital. Around 1.1 crore ...
These 8 private and public banking stocks have an upside of up to 35% in one year, according to analystsThere was a decline in banking stocks during Tuesday’s trading session. The drop came as a reaction to the RBI tightening its bad loan norm...
ECL norms from April 2027: Indian banks are ready, says Dinesh Kumar KharaIndian banks are set for a major provisioning change with Expected Credit Loss (ECL) norms arriving April 1, 2027. This global shift means ...
Union Bank of India shares fall 10% in two days after Q4 earnings. What's spooking investors?Union Bank of India shares fell sharply after its Q4FY26 results disappointed brokerages despite a rise in net profit. Weak NII, a sharp sp...
Union Bank Q4 Results: Net profit rises 7% YoY to 5,316 crore, provisions jump 3xUnion Bank Q4 Results FY26: Union Bank reported a mixed Q4 with net profit up 6.6% YoY to Rs 5,316 crore, despite a 1.1% dip in net interes...
Union Bank of India Q3 Results: Net profit surges 60% to Rs 3,590 croreThe total income of the bank increased to Rs 29,137 crore during the third quarter of the ongoing fiscal as compared to Rs 24,154 crore a y...
Unions threaten nationwide strike on Dec 26 to protest merger of banksThe strike will be organised by the United Forum of Bank Unions (UFBU), an umbrella body of nine employee and officer unions.
Union Bank slips to 12-year low on weak Q4 earningsThe bank had registered a net profit of Rs 108 crore in the March quarter of 2016-17.
Union Bank reports Q4 loss at Rs 2,583 crore on higher provisionsThe bank said this loss in March quarter included investment depreciation of Rs 1,120 crore.
Union Bank asset quality deteriorates in Q4, needs to do a lot more on NPAsThe Mumbai-based lender has its NPA growing 18% to Rs 48336 crore till February, according to an internal document, compared with Rs 40988 ...
Bank union seeks investigation into top 100 NPA accountsThe non-performing assets (NPAs) of the public sector banks have increased to about Rs 8 lakh crore, of which 89 per cent pertains to corpo...
NPA resolution: Bank unions sceptical of bankruptcy processBankruptcy process is not going to yield desired results in terms of NPA resolution as recovery is likely to be very low AIBEA General Secr...
Union Bank CMD Arun Tiwari tells employees to intensify bad loan recoveryIn a communication addressing employees on the first day of the new fiscal, UBI chairman Tiwari said that the focus would remain on asset q...
NPAs of 11 PSBs doubled to Rs 2.3L cr in 1 year; provisioning made bottomlines bleedSome PSU lenders reported profits for the quarter, but that came in with up to an 85 per cent drop in their bottom lines on a year-on-year ...
City Union gets first batch of loan repayment from SpiceJetFor the full fiscal, net profit of the bank grew by 13.8% to Rs 395.02 crore from Rs 347.07 crore during the corresponding period last fisc...