Economic Times
The bank informed the stock exchange late Tuesday evening that Manian has stepped down from his position to pursue other opportunities in the financia
1714531117 Companies - a week ago
As per latest data from the finance ministry, around 215,000 cases are pending before DRTs till January 2024, of which 162,000 are original applicatio
1714504610 Companies - a week ago
At the time of the announcement, Manian said that he was tendering his resignation from Kotak Mahindra Bank to pursue other opportunities in the finan
1714499687 Companies - a week ago
The weighted average lending rate (WALR) on fresh rupee loans of the commercial banks stood at 9.37 per cent in March 2024 (9.36 per cent in February
1714489357 Companies - a week ago
Uco Bank plans a Rs 1000 crore investment in digitalization and IT upgrades, a 43% increase from last year. Managing Director Ashwani Kumar aims to le
1714464071 Companies - a week ago
ICICI Prudential Life Insurance has been ordered to pay a GST and penalty of Rs 835 crore from Maharashtra's State Tax department for FY2019. The orde
1714461904 Companies - a week ago
The Indian financial system, recovering from a history of bad loans, faces new challenges as banks grapple with technology pitfalls. Kotak Mahindra Ba
1714454538 Companies - a week ago
At a time when overseas capital flows have been firm, foreign lenders have requested the banking regulator for flexibility in compliance with the cent
1714419162 Companies - a week ago
The International Finance Corporation (IFC) plans to increase its investment in India to over $4 billion this financial year, with a focus on climate
1714413311 Companies - a week ago
IDBI Bank has raised governance concerns over the exclusion of nominee directors from board meetings of New Tirupur Area Development Corporation Ltd (
1714395877 Companies - 2 weeks ago
Satin CreditCare Network's net profit rose 33% to Rs 125 crore in March quarter, driven by robust growth. Assets under management increased by 34% in
1714389205 Companies - 2 weeks ago
The Finance Ministry is reviewing the Bombay High Court order banning public sector banks from seeking look-out circulars (LOCs) against wilful defaul
1714386634 Companies - 2 weeks ago
As more and more people in India take to paying digitally, banks are having to pick up a larger tab on account of rising costs of maintaining a compet
1714386575 Companies - 2 weeks ago
NPST excelled in FY 2024 with a 216% surge in annual revenue and a 310% net profit increase. The company secured orders for innovative solutions and p
1714370400 Companies - 2 weeks ago
RBL Bank reported a 30% year-on-year growth to Rs 353 crore in the March 24 quarter, with the full-year net profit reaching Rs 1168 crore. The bank's
1714211997 Companies - 2 weeks ago
Madras High Court has directed RBI to reevaluate DBS Bank India and LVB pre-amalgamation, influencing share value/write-off decisions within four mont
1714194746 Companies - 2 weeks ago
This follows a decision by the Bombay High Court earlier this week that said public sector banks (PSBs) don’t have the power to recommend, or ask, t
1714176000 Companies - 2 weeks ago
CP issuances are still not as high as 2018 levels when they touched ₹3.1 lakh crore in July-September, as NBFCs look for other funding avenues like
1714159179 Companies - 2 weeks ago
The Reserve Bank of India (RBI) is considering new rules for digital lending, aiming to enhance transparency. The proposed guidelines would require le
1714158667 Companies - 2 weeks ago
LSP is an agent of a regulated entity (RE) who carries out one or more of lender's functions or part thereof in customer acquisition, underwriting sup
1714136609 Companies - 2 weeks ago