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PNB expects to triple FY22 net profit, identifies Rs 8,...

PNB on Friday reported a net profit of Rs 586 crore for the quarter ended March 31, 2020, on the back of higher net interest incom...

UCO Bank again urges Reserve Bank of India to consider ...

The RBI had initiated PCA for the Kolkata-based lender in May 2017 in view of high non-performing assets and negative return on as...

Union Bank of India reports Rs 1,330-crore net as asset...

The non-interest income grew 50% quarter-on-quarter (q-o-q) and 23% y-o-y to Rs 4,551 crore, mainly on account of recovery in the ...

Anne Hathaway's role in 'The Devil Wears Prada' was off...

"The Devil Wears Prada" just wouldn't be the same without Anne Hathaway.

India’s bank privatisation may be delayed: Fitch

The plan, announced in the Budget in February, is part of the government's broader divestment goals for FY22, and includes privati...

First phase: Rs 89k-crore loans to be moved to NARCL

The chairman of Indian Banks’ Association (IBA), Rajkiran Rai G, said banks have identified accounts which can go to the ARC in th...

RBI asks banks not to delete CCTV footage from 2016 dem...

The move is aimed at helping enforcement agencies in their probe against illegal accumulation of new currency notes during the dem...

Lockdown set to hit Bajaj Finance’s FY22 AUM growth

The company said it has taken several measures to reduce its operating expenses and cost of funds to partially mitigate the financ...

RBI gives approval to re-appointment of CS Ghosh as MD ...

Ghosh, who has been one of foremost proponents of microfinance in India, founded Bandhan in 2001 as a not-for-profit enterprise th...

Carlyle-led investment in PNB Housing unfair to minorit...

In a note to institutional investors, SES argued that a rights issue would have been a fairer and better option for raising capita...

Covid woes: Banks’ collection efficiency for micro-loan...

Lenders feel that collection efficiency is likely to be ‘volatile’ in the first quarter of the current fiscal year due to the inte...

SBI likely to transfer Rs 20,000 crore NPAs to National...

These non-performing assets (NPAs) include Essar Power Gujarat, Coastal Energy and Reliance Naval.

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