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Banking industry news
475 posts
IDBI Bank Q2 FY 2022 net profit up by 75% to Rs 567cr
Industrial Development Bank of India (IDBI Bank) has reported a net profit of INR 567 crores for the…
Karnataka Bank breaks ground on centenary building in Mangaluru
Karnataka Bank has broken ground on its proposed centenary building to be built near its existing head office…
Karur Vysya Bank gets RBI authorization to collect indirect taxes
Karur Vysya Bank (KVB) said that the Reserve Bank of India (RBI) has authorized it for collecting indirect…
BancorpSouth, Cadence Bancorporation on verge of wrapping up merger deal
BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, have secured the final approval for their…
Axis Bank gets RBI nod to re-appoint Amitabh Chaudhry as MD and CEO
Axis Bank said that its decision to re-appoint Amitabh Chaudhry as its managing director (MD) and CEO has…
Columbia Banking System to merge with rival bank holding firm Umpqua
Columbia Banking System, the parent company of Columbia State Bank, has signed an all-stock merger deal with rival…
TCS gets 5-yr contract extension from State Bank of India
Tata Consultancy Services (TCS) said that its partnership with the State Bank of India (SBI) has been extended…
German American Bancorp, Citizens Union Bancorp sign $154m merger deal
German American Bancorp, an Indiana-based bank holding company, has signed a merger deal worth around $154 million with…
TCS to help German commercial bank NORD/LB in IT transformation
Tata Consultancy Services (TCS) said that it has been selected by German commercial bank NORD/LB to help in…
ICICI Bank to offer InstaOD overdraft facility for Amazon sellers
ICICI Bank said that it has entered into a partnership with Amazon India to offer individual sellers and…