Bank Brokerages’ Profit Growth To Decline In FY22, Market Shares To Moderate

MUMBAI- Bank brokerages will continue showing strong performance on retail investors' interest in markets, but profit growth will decline to 20 per cent in...

Govt To Soon Clear List Of Independent Directors For Various Banks

NEW DELHI- The government is expected soon to clear a list of independent directors to be appointed on various public sector banks and financial...

RBI Asks Banks Not To Standardise Bad Loans On Just Getting Interest Payments

Mumbai- In a significant move, the Reserve Bank on Friday tightened the norms for recognition of dud assets and directed lenders not to standardise...

J&K Bank Posts Net Profit Of Rs 111 Cr In Q2

SRINAGAR- Public sector lender Jammu Kashmir Bank on Friday reported an over two-fold jump in net profit at Rs 111.09 crore in quarter ended...

SoftBank Says It Could Invest Another $5-10 Billion In India In 2022

New Delhi- SoftBank could invest another $5-10 billion in the country in 2022 if it finds the right companies at the right valuation, according...

SBI Q2 Consolidated Profit Surges 69 Pc To Rs 8,890 Cr

New Delhi- The country's largest lender State Bank of India (SBI) on Wednesday reported a 69 per cent jump in its consolidated net profit...

Govt Announces New Rules to Shield Honest Bank Staff

NEW DELHI: Seeking to protect honest bank employees, the government has come out with the 'staff accountability framework' under which officers concerned will not...

Ex-Chairman Of SBI Jailed For Alleged Fraud In Loan Default Case

New Delhi- Former State Bank of India (SBI) chairman Pratip Chaudhari was on Monday sent to 14-day judicial custody after his arrest for an...

Baldev Prakash Named As J&K Bank Chief

Srinagar: The Reserve Bank of India (RBI) has approved the candidature of Baldev Prakash as Managing Director and Chief Executive Officer of Jammu and Kashmir...

SBI cuts home loan interest rate to 6.7%

Mumbai: The State Bank of India on Thursday announced various festive offers for prospective home loan customers, including a credit score-linked home loans starting...