Search For "banks"
Shah Metacorp Ltd Net Profit jump to Rs 23.27 Crore in Q1FY25
Updated : 1 year, 7 months ago IST
Ahmedabad (Gujarat) [India], July 30: Shah Metacorp Ltd (formerly known as Gyscoal Alloys Ltd) has reported net profit of Rs 23.27 crore for the first quarter of FY2024-25 ended June 2024 as compared to the net profit of Rs 1.25 crore in the corresponding period last year - nearly 20 fold gr
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Prudent Surpasses Landmark Rs 1 Lakh Crore in Mutual Fund Assets Under Man
Updated : 1 year, 7 months ago IST
Ahmedabad (Gujarat) [India], July 30: Prudent Corporate Advisory Services Limited (Prudent), one of India's leading diversified financial services groups, announces that its Assets Under Management (AUM) have surpassed the 1 Lakh Crore mark as of July 26, 2024. Prudent becomes the 2nd non-ba
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UPI transactions grew by 57 pc YoY, with PhonePe and GPay holding market s
Updated : 1 year, 8 months ago IST
For the first time, the total net profit of the banking sector crossed Rs 3 lakh crore in FY24, with all bank groups achieving a return on assets (ROA) greater than 1 per cent.
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ICICI Bank has posted a net profit growth of 14.6 pc, NII up by 7.3 pc
Updated : 1 year, 8 months ago IST
Private sector banking major, ICICI Bank has posted a net profit growth of 14.6 per cent year-on-year (YoY) in the first quarter of financial year 2025 (Q1FY25), reaching to Rs 11,059 crore.
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Uttar Pradesh: Two illegally constructed luxurious hotels belonging to sam
Updated : 1 year, 8 months ago IST
The Varanasi Development Authority (VDA) carried out a demolition drive of two illegally constructed luxurious hotels belonging to the same owner on the banks of the Varuna River in Varanasi on Saturday.
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RBI unveils new corrective action framework for Urban Co-operative Banks
Updated : 1 year, 8 months ago IST
For urban cooperative banks that are weak or are experiencing financial stress, the RBI had issued a supervisory action framework as an early intervention tool for bringing about desired improvements in those entities.
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HDFC Life Achieves 99.50 percent Claim Settlement Ratio and Pays Rs 1,584
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], July 23: HDFC Life, a leading life insurer in India, continues to uphold its commitment to policyholders with a consistently high claim settlement ratio.
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Only 10 banks/NBFCs had disruptions due to Microsoft outage: RBI
Updated : 1 year, 8 months ago IST
The Reserve Bank of India has asserted that its assessment showed that only 10 banks and NBFCs had minor disruptions due to the Microsoft outage. The disruptions reported in those entities have "either been resolved or are being resolved", RBI said in a statement.
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Household savings are moving to mutual funds from banks impacting their li
Updated : 1 year, 8 months ago IST
The households are choosing the capital markets over the banks to park or invest their savings, highlighted RBI Governor Shaktikant Das during his address at FE Modern BFSI (Banking, Financial Services, and Insurance) Summit 2024 on Friday.
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Bartronics India Limited with Bank of India showcase an innovative banking
Updated : 1 year, 8 months ago IST
Hyderabad (Telangana) [India], July 19: Bartronics India Limited, a leading innovator in the fintech sector, announces its latest expansion drive with one of the largest public sector banks - Bank of India. As a part of their ongoing commitment to the financial inclusion and community develo
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Test skipper Ben Stokes banks on pace as "massive weapon" for England afte
Updated : 1 year, 8 months ago IST
Despite Anderson and Broad not featuring in England's playing XI anymore, a sense of familiarity still lingers in their bowling line-up.
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Gujarat: Over 1700 Micro ATMs installed at Cooperative Societies in Banask
Updated : 1 year, 8 months ago IST
Notably under this initiative, envisioned by Union Home and Cooperation Minister Amit Shah, over 4 lakh new accounts were opened by cooperative societies and their active members in the District Cooperative Banks of these two districts, resulting in a jump of over Rs. 966 crores in the bank
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