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Banking industry news
475 posts
Bank of India reports surge in Q2FY24 profits: A comprehensive analysis
Bank of India has announced a significant increase in net profits, reporting a 52% year-over-year growth, amounting to…
Karnataka Bank reports significant profit jump in half-yearly financial results
Karnataka Bank has declared a robust half-yearly net profit of Rs 700.96 crore, marking a 33.31% year-on-year increase.…
GBank Financial explores merger with BankCard Services amid growing fintech influence
GBank, operating under GBank Financial Holdings Inc. (OTCQX: GBFH), with assets totaling approximately $729.3 million as of September…
State Bank of India raises Rs 10,000cr with First Basel III compliant tier 2 bond issuance
State Bank of India (SBI), the nation’s leading lender, announced a significant financial milestone today, raising Rs. 10,000…
AU Small Finance Bank and Fincare Small Finance Bank approve all-stock merger
The Boards of Directors at AU Small Finance Bank Ltd (AU SFB) and Fincare Small Finance Bank Ltd…
Tamilnad Mercantile Bank reports strong growth in Q2 FY24 with net profit rising to Rs 274cr
Tamilnad Mercantile Bank Ltd (TMB), recognized for its enduring history and consistent profitability in the banking sector, reported…
Union Bank of India reports 90% YoY net profit increase in Q2FY24
Union Bank of India’s financial results for the quarter ended September 30, 2023, illustrate a robust performance. The…
Barclays Plc Q3 2023 financial report: An overview
Barclays Plc has unveiled its financial metrics for Q3 2023, which concluded on September 30, 2023. Key figures…
AU Small Finance Bank reports steady Q2’FY24 performance: A detailed insight
AU Small Finance Bank (AU Bank) exhibited a consistent operating outcome in Q2’FY24, navigating a challenging macro backdrop…
IDFC FIRST Bank announces Q2 FY24 profits: A 35% YoY increase
IDFC FIRST Bank witnessed a robust 35% YoY growth in its Q2-FY24 net profit, rising from Rs. 556…