State Bank of India raises Rs 10,000cr with First Basel III compliant tier 2 bond issuance

Pallavi Madhiraju- November 1, 2023 0

State Bank of India (SBI), the nation's leading lender, announced a significant financial milestone today, raising Rs. 10,000 crores through its first Basel III compliant ... Read More

AU Small Finance Bank and Fincare Small Finance Bank approve all-stock merger

Pallavi Madhiraju- October 30, 2023 0

The Boards of Directors at AU Small Finance Bank Ltd (AU SFB) and Fincare Small Finance Bank Ltd (Fincare SFB) have agreed upon an all-stock ... Read More

Tamilnad Mercantile Bank reports strong growth in Q2 FY24 with net profit rising to Rs 274cr

Pallavi Madhiraju- October 29, 2023 0

Tamilnad Mercantile Bank Ltd (TMB), recognized for its enduring history and consistent profitability in the banking sector, reported robust financial results for Q2 FY24. The ... Read More

Union Bank of India reports 90% YoY net profit increase in Q2FY24

Pallavi Madhiraju- October 29, 2023 0

Union Bank of India's financial results for the quarter ended September 30, 2023, illustrate a robust performance. The Board of Directors announced a staggering 90% ... Read More

Barclays Plc Q3 2023 financial report: An overview

Pallavi Madhiraju- October 29, 2023 0

Barclays Plc has unveiled its financial metrics for Q3 2023, which concluded on September 30, 2023. Key figures highlight a profit before tax of £1.9bn ... Read More

AU Small Finance Bank reports steady Q2’FY24 performance: A detailed insight

Pallavi Madhiraju- October 28, 2023 0

AU Small Finance Bank (AU Bank) exhibited a consistent operating outcome in Q2’FY24, navigating a challenging macro backdrop with liquidity constraints and ongoing inflation. The ... Read More

IDFC FIRST Bank announces Q2 FY24 profits: A 35% YoY increase

Pallavi Madhiraju- October 28, 2023 0

IDFC FIRST Bank witnessed a robust 35% YoY growth in its Q2-FY24 net profit, rising from Rs. 556 crore in Q2-FY23 to an impressive Rs. ... Read More

Punjab National Bank Q2 FY’24 results: Net profit soars to Rs 1,756cr at 327% YoY growth

Pallavi Madhiraju- October 26, 2023 0

Punjab National Bank (PNB) revealed its financial outcomes for Q2 FY’24, headlined by a net profit surge to ₹ 1756 Crore, which represents an impressive ... Read More

Karnataka Bank expands banking services with Vakrangee partnership

Pallavi Madhiraju- October 26, 2023 0

Karnataka Bank has teamed up with Vakrangee Limited (VL) to provide Business Correspondent (BC) Banking services across India via Vakrangee Kendra outlets. Recognized for its ... Read More

ICICI Bank Q2-2024 results: Key metrics showcase robust growth

Pallavi Madhiraju- October 25, 2023 0

In the recently released financial results for the quarter ending September 30, 2023 (Q2-2024), ICICI Bank exhibited robust growth across key financial metrics. Notably, the ... Read More