Tag: Banking industry news
Indian public sector bank UCO Bank Q3FY23 profit up by 110% to Rs 653cr
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
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
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
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
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
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
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
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
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
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
