Swami Opposes Islamic Banking In J&K
Shoots Letter To PM, Seeks His Intervention To Block The Move
Srinagar: Senior Bharatiya Janata Party (BJP) leader Subramanian Swamy has opposed introduction of Islamic Banking...
RBI Issues Draft Scheme For Takeover Of PMC Bank By Unity Small Finance Bank
Mumbai- The Reserve Bank on Monday came up with a draft scheme for the acquisition of Punjab and Maharashtra Cooperative (PMC) Bank by Delhi-based...
Borrowers Prefer Online Mode For Securing Loan: Survey
New Delhi- A significant percentage of borrowers led by millennials, prefer online mode to secure loans rather than traditional offline channels, indicating an increase in...
J&K Bank 2nd Among Top Leading Pvt Sector Banks With High CASA Ratio
SRINAGAR- In terms of current account and savings account (CASA) Ratio, J&K Bank is one of the top three leading private sector banks in...
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...