Tag: Banking industry news

Indian public sector bank UCO Bank Q3FY23 profit up by 110% to Rs 653cr

businessnewstoday- January 27, 2023

UCO Bank has registered a net profit of INR 652.97 crores for the quarter ended 31 December 2022 (Q3FY23), which is a surge of 110.4% ... Read More

Axis Bank Q3FY23 net profit grows by 62% to Rs 5,853cr

businessnewstoday- January 24, 2023

Axis Bank has reported a 62% growth in its net profit for the third quarter of the fiscal year 2023 (Q3FY23) at INR 5,853 crores, ... Read More

Southern Missouri Bancorp wraps up acquisition of Citizens Bancshares

businessnewstoday- January 23, 2023

Southern Missouri Bancorp, the Missouri-based holding company for Southern Bank, has completed its previously announced $140 million acquisition of Citizens Bancshares, the parent company of ... Read More

Yes Bank Q3FY23 net profit crashes by 81% to Rs 52cr

businessnewstoday- January 23, 2023

Yes Bank has reported a net profit of INR 52 crores for the third quarter of the fiscal year 2023 (Q3FY23), which represents a decline ... Read More

First Guaranty Bancshare to acquire Texan community bank Lone Star Bank

businessnewstoday- January 11, 2023

First Guaranty Bancshare has agreed to acquire Lone Star Bank, a community bank in South Texas, in an all-stock transaction that values the latter at ... Read More

Axis Bank partners with OPEN to launch fully digital current account

businessnewstoday- January 11, 2023

Axis Bank has joined forces with digital banking enterprise OPEN in a bid to offer a completely native digital current account journey for SMEs, homepreneurs, ... Read More

Tata Consultancy Services helps Taiwan’s CTBC Bank in digital transformation

businessnewstoday- January 10, 2023

Tata Consultancy Services (TCS) said that Taiwan-based CTBC Bank has chosen TCS BaNCS for Banking and Wealth Management for the digital transformation of its business ... Read More

J.C. Flowers & Co. acquires NPA portfolio from YES BANK

businessnewstoday- January 8, 2023

J.C. Flowers & Co. said that the J.C. Flowers Asset Reconstruction Company (ARC) has closed the acquisition of a pool of nonperforming assets (NPAs) from ... Read More

ICICI Bank rolls out digital solutions on single platform for exporters

businessnewstoday- January 6, 2023

ICICI Bank said that it has launched digital solutions, a set of banking and value-added services on a single platform for exporters. According to the ... Read More

Farmers National Banc closes $105m acquisition of Emclaire Financial

businessnewstoday- January 4, 2023

Farmers National Banc Corp., an Ohio-based bank holding company, has closed the previously announced $105 million acquisition of Emclaire Financial Corp., a Pennsylvania-based bank holding ... Read More