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ICICI, Axis banks cut employee headcount

Focus on lower cost-to-income ratio, digital medium

Corporation Bank cuts lending rate by 0.25 per cent

26 May 2015

State-run Corporation Bank today cut base rate or minimum lending rate by 0.25 percentage point to 10 per cent, a move which will lead to lower ...

Canara Bank hits fresh 52-week lows as assets quality weakens in Q4

26 May 2015

In the past two trading sessions, the stock declined 6% to Rs 332 from Rs 353 on May 21 on the NSE.

PTC India Financial slips on weak Q4 results

26 May 2015

The stock dipped 10% to Rs 52.65 after the company reported a sharp 66% YoY drop in net profit at Rs 15.81 crore in the March quarter.

ICICI Bank launches voice recognition for customers

26 May 2015

MD Chanda Kochhar says the facility 'has the potential to increase security and convenience'

Canara Bank net stays flat at Rs 613 cr in Q4

26 May 2015

The lender achieved a credit growth of 9.6% during 2014-15

Mutual funds offload heavyweight counters

25 May 2015

TCS, Reliance, State Bank of India and Maruti Suzuki were among most-sold stocks last month

India Inc raises Rs 11,500-crore through rights issue in 2015

25 May 2015

Experts believe improvement in stock markets scenario has helped in raising fund through rights issue mode

United Bank says lost hope to recover money from Kingfisher

25 May 2015

Kolkata-based lender was the first bank to try and get Vijay Mallya, chief of Kingfisher Airlines, tagged as wilful defaulter

Govt urges Sebi to curb PSU stock trade on stake

24 May 2015

Concerned over punters beating down the stock price of PSUs ahead of disinvestment, the government wants market regulator Sebi to decide quickly ...

City Union Bank Q4 net up 19% at Rs 99 crore

23 May 2015

Total income rises 10.13%; gross NPA in 2014-15 at 1.86%

Weekly Wrap: Markets end at 5-week closing highs

23 May 2015

The IT and pharma indices gained 4.7% and 3.3% respectively, while the metal index ended marginally in the red.

SBI net up 23% in March quarter

23 May 2015

Improved asset quality, less of slippages; loan recovery to remain a priority, says chief

SBI wants two more MDs, plans HR recast

23 May 2015

All the business verticals will now report to MDs

Bank of India and MasterCard launch new products

23 May 2015

Bank of India Business Debit MasterCard, Platinum Credit MasterCard and International Travel MasterCard will help enhance the payment experience ...

Lupin to replace Tata Power in Sensex; DVRs to make index debut

23 May 2015

Tata Motors DVRs to become part of BSE 100, BSE 200 and BSE 500 indices; will be the first DVR to be included in an index

SBI: Asset quality improves in Q4, operating income up 17%

22 May 2015

Profit growth supported by the special dispensation by RBI on sale to ARC, usage of counter cycle buffer

Karnataka Bank net up 65% to Rs 134 cr in Q4

22 May 2015

Total income for the quarter went up 11.5% to Rs 1,308 cr as against Rs 1,173 cr in the year ago quarter

Sensex ends above 27,900 amid volatile session

22 May 2015

Provisionally, the Sensex gained 134.71 points to end at 27,944.06 and the Nifty rose 27.80 points to close at 8,448.80

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