Category : Banking

HDFC Bank Approves Rs 10,000 Crore Share Sale in HDB Financial...

HDFC Bank has approved an Offer for Sale of up to Rs 10,000 crore in its subsidiary HDB Financial Services as part of a Rs 12,500...

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Central Bank of India Reports 51% Surge in Net Profit to...

Central Bank of India has reported a 51% increase in net profit to Rs 913 crore for the July-September quarter, driven by growth in...

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Punjab and Sind Bank Declares MTNL Accounts as Non-Performing...

Punjab and Sind Bank has classified Mahanagar Telephone Nigam Limited's (MTNL) accounts as non-performing assets (NPA), marking another...

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Axis Bank CEO Amitabh Chaudhry Highlights Challenges Amid...

Axis Bank CEO Amitabh Chaudhry highlights a tough banking environment despite an 18% rise in net profit for the September quarter,...

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Indian Banks Face Pressure from Tight Deposits and Rising...

Indian banks like HDFC and Kotak Mahindra struggle with shrinking deposits and rising credit costs as they prepare to release quarterly...

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RBI Board Discusses Geopolitical Challenges and Economic...

The Reserve Bank of India board met in Bhubaneswar to discuss geopolitical challenges impacting the economy and financial markets....

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Yes Bank Appoints Nirav Dalal as Country Head of Financial...

Yes Bank has appointed Nirav Dalal as the new country head of its financial markets division. With over 27 years of experience in...

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RBI Investigates Foreign Investors' Exit from Indian Bond...

The Reserve Bank of India is investigating the unwinding of foreign investors' long positions in Indian bond derivatives as over Rs...

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RBI Governor Warns Over-reliance on AI Could Threaten Financial...

RBI Governor Shaktikanta Das has warned that over-reliance on AI in the financial sector could pose significant risks to stability,...

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Biz2X Surpasses Rs 9,000 Crore in Loan Disbursements, Eyes...

Biz2X surpasses Rs 9,000 crore in loan disbursements, with plans to add Rs 5,000 crore by FY2025. The AI-powered lending platform...

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RBI-ESMA Talks on Clearing House Oversight to Extend Beyond...

Talks between the RBI and ESMA over the oversight of Indian clearing houses will continue beyond October, with European banks maintaining...

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RBI Governor Suggests Feasibility Study for Expanding RTGS...

RBI Governor Shaktikanta Das proposes exploring the expansion of RTGS for settling transactions in major global currencies. He also...

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