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IDFC plans to treble headcount in next 11 months

IDFC is planning to treble its headcount in the next 11 months as it prepared to start its banking operations from October 2015.

Indian Overseas Bank reports loss of Rs 245 cr

31 Oct 2014

Provisions zoomed 44% to Rs 892.4 cr and asset quality worsened with the gross NPA ratio going up to 7.35% in the Jul-Sept period

IOB says worst is over, sees gross NPAs at 6.5% by March

31 Oct 2014

The bank has now decided not to go for large corporate lending and the focus is on retail, agriculture and small and medium enterprises

Allahabad Bank Q2 net profit halves to Rs 141 cr

31 Oct 2014

Higher tax expenses, lower other income hurt earnings

Increase in provisions pulls down IDFC's net profit by 14% in Q2

31 Oct 2014

The board also approved the demerger of financial undertaking of IDFC into IDFC Bank

Andhra Bank Q2 net more than doubles at Rs 144.5 crore

31 Oct 2014

Retail credit saw high growth during the quarter registering an year on year increase of 18.6%

Today's picks- 30 October 2014

30 Oct 2014

NIFTYCurrent: 8,169 (fut: 8,187)Target: NAStop short positions at 8,230. Stop long positions at 8,125. Big moves could go till 8,300 or 8,100. A ...

RBI lifts curbs on share purchase of ING Vysya Bank by FIIs

30 Oct 2014

The Reserve Bank has removed curbs on purchase of equity shares of ING Vysya Bank by foreign investors as such investment has gone below the ...

Vijaya Bank raises Rs 500 cr via bonds

30 Oct 2014

The bank has shareholders nod to raise additional equity capital of Rs 600 crore from the markets

Andhra Bank net jumps 2-fold at Rs 144 crore in Jul-Sept qtr

30 Oct 2014

Public sector Andhra Bank's net profit more than doubled to Rs 144.49 crore in the second quarter ended September 31, 2014-15 on higher income ...

Yes Bank registers 30% rise in Q2 profit on higher fee income

30 Oct 2014

Private sector lender Yes Bank has reported 30 per cent increase in net profit at Rs 482.54 crore for the quarter ended September 30, 2014 on ...

Allahabad Bank Q2 net falls 49% to Rs 141 crore

30 Oct 2014

State-owned Allahabad Bank today reported 49 per cent decline in net profit at Rs 141.44 crore for the second quarter ended September on higher ...

ICICI Bank Q2 net up 15% even as bad loans rise

30 Oct 2014

ICICI Bank - the country's largest private sector lender reported a net profit of Rs 2709 crore for the quarter ended September 30 which is ...

YES Bank hits record high as Q2 profit beats estimates

30 Oct 2014

Gross NPA ratio however, rose to 0.36% from 0.28% and net NPA ratio to 0.09% from 0.04% in a year ago quarter.

Bank credit dropped in 1st half of October

30 Oct 2014

Though credit demand has been tepid for several quarters, this fortnightly dip came just ahead of the Diwali week, the main festive season for ...

YES Bank enters home loan business

30 Oct 2014

Move follows RBI's decision to allow banks to raise long-term resources to finance affordable housing

OBC Q2 net rises 16% to Rs 291 crore

30 Oct 2014

Net NPA stood at 3.29 per cent of total advances, versus 2.69 per cent a year ago

Oriental Bank of Commerce dips after increase in NPAs

29 Oct 2014

Gross NPAs in September quarter were up at 4.74% while Net NPAs increased to 3.29%

Banks in a quandary over missing CMDs

29 Oct 2014

Management of non-performing asset and recovery has also been affected due to lack of CMDs

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