Search For "banks"
Korean banks' net profit rises 18.4% in H1
Updated : 7 months ago IST
Korean banks' combined net profit jumped more than 18 per cent from a year earlier in the first half of the year on a sharp rise in non-interest income that more than offset a slight drop in interest income, data showed Thursday.
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Credit costs of banks surge in Q1FY26; asset quality marginally weakens: C
Updated : 7 months ago IST
The credit costs of scheduled commercial banks (SCBs) in the country surged in the first quarter of the current financial year, even as their asset quality worsened marginally on a sequential basis, according to a report by CareEdge Ratings.
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Sadbhavana Diwas commemorated by Army with community outreach events in Na
Updated : 7 months ago IST
Under this initiative, the Indian Army, in collaboration with NIEDO, has transformed the lives of students from remote locations, bringing them into the folds of higher learning powered with technology at the competitive level at no cost. Also, through Operation Sadbhavana, Yarn Banks, Baker
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Sanjay Singh seeks discussion on 'mis-selling of financial products' in Ra
Updated : 7 months, 1 week ago IST
Aam Aadmi Party (AAP) MP Sanjay Singh on Tuesday submitted a Zero Hour Notice in the Rajya Sabha to discuss the widespread mis-selling of financial products by banks and the loss incurred by ordinary citizens.
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UPI transactions surge in 2025, daily average value crosses Rs 90,000 cror
Updated : 7 months, 1 week ago IST
Unified Payments Interface (UPI) transactions have expanded significantly in 2025, both in terms of value and volumes, according to a report by SBI.
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RBI to Introduce same day cheque credit system from Oct 4; within 3 hours
Updated : 7 months, 1 week ago IST
According to the RBI's directive, issued on Wednesday to banks participating in the Cheque Truncation System (CTS) and the National Payments Corporation of India (NPCI), the new system will ensure that cheque processing, confirmation, and settlement take place in near real-time, significantl
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Credit-to-Deposit ratio in banks remain below 80% as demand in credit slow
Updated : 7 months, 1 week ago IST
The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings.
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Perfios Launches CAM AI, Powers 85% Faster Underwriting
Updated : 7 months, 1 week ago IST
Bengaluru (Karnataka) [India], August 13: Perfios.ai, India's leading B2B SaaS TechFin, has unveiled CAM AI, an AI-powered credit underwriting platform that is transforming lending operations across banks and NBFCs globally. Tailored for complex credit assessment, CAM AI reduces underwriting
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Aggressive competition from PSBs will be a risk for prolonged slower growt
Updated : 7 months, 1 week ago IST
Aggressive competition from Public Sector Banks (PSBs) poses a significant risk of prolonged slower growth for Private Sector Banks (PVBs), according to a report by Bernstein.
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J-K: NSS units of SHMM Govt Degree College conduct cleanliness drive along
Updated : 7 months, 2 weeks ago IST
In a commendable display of civic responsibility, the National Service Scheme (NSS) units of SHMM Government Degree College, Anantnag, conducted a cleanliness drive along the banks of the Lidder River at Aang Matipora in Anantnag on Tuesday.
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Consumer loan growth in India bottomed out, expect faster recovery amid cr
Updated : 7 months, 2 weeks ago IST
Consumer loan growth in India appears to have bottomed out, and a faster recovery is expected with the moderation in credit costs in the coming quarters, noted a recent report by the global financial services firm Morgan Stanley.
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RBI does not regulate minimum balance requirements for banks: RBI Governor
Updated : 7 months, 2 weeks ago IST
The minimum balance requirements for saving accounts does not come under the regulatory domain of the Reserve Bank of India (RBI), banks decide it as per their own business needs, stated RBI Governor Sanjay Malhotra on questions of ICICI Bank raising minimum balance requirement in saving acc
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