Search For "banking"
Banking sector outlook remains positive, earnings to grow approx. 16% CAGR
Updated : 2 months ago IST
The outlook for the banking sector remains positive, with earnings expected to recover steadily over the medium term, supported by stable margins, improving asset quality and a pickup in loan growth, according to a report by Motilal Oswal Financial Services.
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L&T Finance Records Highest Ever Core Profit After Tax of Rs. 760 Crore (b
Updated : 2 months ago IST
Mumbai (Maharashtra) [India], January 20: L&T Finance Ltd., formerly known as L&T Finance Holdings Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India, has recorded its highest ever core Profit After Tax (PAT) of Rs. 760 Crore (before one-time impact of New Labour
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InCorp Advisory Launches DEALDESK to Accelerate M&A, Private Equity, and D
Updated : 2 months ago IST
Mumbai (Maharashtra) [India], January 20: InCorp Advisory, an Ascentium Group Company and a leading provider of corporate services, has announced the launch of DealDesk - a platform featuring curated, high-quality investment opportunities across India. Developed by professionals with deep ex
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UST Acquires Leading Fintech Innovator Tailwind
Updated : 2 months ago IST
Bengaluru (Karnataka) [India], January 20: UST, a leading AI and technology transformation solutions company, has acquired Texas-based fintech company Tailwind Business Ventures, strengthening its position in a dynamic sector while also expanding its presence in South America. Tailwind was f
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PNB records highest quarterly profit of Rs 5,100 crore in Q3
Updated : 2 months ago IST
Punjab National Bank on Monday reported its highest-ever quarterly profit, posting a 13 per cent rise in net profit to Rs 5,100 crore for the October-December quarter, driven by a significant improvement in asset quality.
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Beacon Trusteeship Appoints Anil Grover as Chief Executive Officer
Updated : 2 months, 1 week ago IST
Mumbai (Maharashtra) [India], January 17: Beacon Trusteeship Ltd., India's first trustee company to be listed on the National Stock Exchange (NSE), announced the appointment of Mr. Anil Grover as its Chief Executive Officer, reinforcing the company's commitment to strengthening governance-le
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World Economic Forum 2026: GIFT City delegation led by Sanjay Kaul to enga
Updated : 2 months, 1 week ago IST
The delegation will also include top officials from the International Financial Services Centres Authority (IFSCA). The visit comes at a time when GIFT City is witnessing strong momentum across international banking, fund management, fintech, asset leasing, Global Capability Centres (GCCs
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Muthoot Microfin Recognized as Financial Inclusion Institution of the Year
Updated : 2 months, 1 week ago IST
Mumbai (Maharashtra) [India], January 15: Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055), among India's leading Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has secured two prestigious national awards at the Inclusive Finance India Awards 2025, presented at the
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Kotak Rings in 30 Years on the NSE Marking India's Rise as a Robust Financ
Updated : 2 months, 1 week ago IST
Mumbai (Maharashtra) [India], January 15: Kotak Mahindra Bank marked 30 years of being listed on the National Stock Exchange with a bell-ringing ceremony that celebrated the Bank's journey alongside India's rise as a strong, trusted and modern financial market. What began as a small NBFC in
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Indian banks' deposits cross Rs 253 lakh crore as of Dec'25: RBI
Updated : 2 months, 1 week ago IST
Bank credit also witnessed a notable increase. Non-food bank credit of all scheduled banks climbed to Rs 208.14 lakh crore as on December 31, 2025, compared with Rs 201.81 lakh crore on December 15, 2025 and Rs 181.95 lakh crore in late December 2024. Loans, cash credits and overdrafts forme
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RBI gives approval to Japan's SMBC for setting up Wholly Owned Subsidiary
Updated : 2 months, 1 week ago IST
SMBC is currently carrying on banking business in India in branch mode through its four branches located in New Delhi, Mumbai, Chennai and Bengaluru. The 'in-principle' approval has been granted to the bank for setting up a WOS through conversion of its existing branches in India, RBI said i
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OpenSourceDB and Ahana Announce Strategic Partnership to Accelerate Postgr
Updated : 2 months, 1 week ago IST
Bengaluru (Karnataka) [India], January 14: OpenSourceDB, an ISO 27001:2013 company and focussed market partner for Enterprise Postgres from CYBERTEC, pgEgde, and Aiven for Postgres in India, and Ahana, an ISO 27001:2022 and specialist in technology modernization for financial institutions, t
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