Search For "lender"
RBL Bank appoints R Subramaniakumar as new MD
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 11 (ANI): Private sector lender RBL Bank on Saturday announced the appointment of veteran banker R Subramaniakumar as its new managing director and chief executive officer (CEO).
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HDFC Bank hikes lending rates by 0.35 per cent; EMIs to go up
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): India's largest private sector lender HDFC Bank has increased its marginal cost of funds-based lending rates (MCLR) by 0.35 per cent or 35 basis points across all tenures, effective from June 7.
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Govt appoints A Manimekhalai as MD & CEO of Union Bank of India
Updated : 3 years, 11 months ago IST
New Delhi [India], June 3 (ANI): The government has appointed A Manimekhalai as managing director and chief executive officer of Union Bank of India for a period of three years, the state-run lender said on Friday.
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SBI says committed to ensure safety of employees after terrorists kill ban
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 2 (ANI): State Bank of India (SBI) on Thursday said it is committed to ensure the safety and well-being of all its employees in the Kashmir Valley after terrorists killed a banker employed with one of its sponsored lenders.
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Banks hike lending rates, loans to get costlier
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 1 (ANI): Leading private sector and government-run lenders including Punjab National Bank, ICICI Bank and mortgage lender HDFC have hiked their lending rates that will make home, car and other loans costlier.
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HDFC sells 10 per cent stake in HCAL to Abu Dhabi Investment Authority
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], May 26 (ANI): India's largest mortgage lender Housing Development Finance Corporation (HDFC) on Thursday said it has sold 10 per cent of its stake in HDFC Capital Advisors Limited (HCAL) to Abu Dhabi Investment Authority for 184 crore.
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HDFC Bank carves out rural banking business as a separate vertical
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 19 (ANI): India's largest private sector lender HDFC Bank on Thursday said it has carved out rural banking function as a separate vertical, which will be focused on increasing penetration in remote parts of the country.
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Supreme Court ruling on NBFCs removes key regulatory overhang: CRISIL
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 16 (ANI): The recent ruling by the Supreme Court that underscores the primacy of the Reserve Bank of India (RBI) as the regulator and supervisor of the non-banking financial companies (NBFCs), has removed a key regulatory overhang, rating agency CRISIL said
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SBI Q4 net profit jumps 41 per cent to Rs 9,113 crore
Updated : 4 years ago IST
New Delhi [India], May 13 (ANI): The country's largest lender State Bank of India (SBI) on Friday reported Rs 9,113.53 crore net profit for the fourth quarter of 2021-22, 41.27 per cent higher than Rs 6,450.75 crore recorded in the corresponding period of the previous year.
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PNB share price tumbles 13.6 per cent on disappointing Q4 numbers
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 12 (ANI): Share price of state-run lender Punjab National Bank (PNB) slumped 13.6 per cent on Thursday after the company reported 66 per cent drop in its fourth-quarter profit.
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Indian Bank net profit rises 31 per cent to Rs 3,945 crore in 2021-22
Updated : 4 years ago IST
Kolkata (West Bengal) [India], May 11 (ANI): The government-run lender Indian Bank on Wednesday reported a net profit of Rs 3,945 crore for the financial year ended March 2022 as compared to Rs 3,005 crore recorded in the previous year, posting a growth of 31 per cent.
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SBI to raise $2 billion long-term fund in 2022-23
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], May 10 (ANI): The country's largest lender State Bank of India on Tuesday said its board has approved a proposal to raise $2 billion long-term fund in the current financial year.
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