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Bajaj Finserv Q2 results: Consolidated net profit rises 24% to Rs 1,929 cr

Its consolidated total income rose by 25 per cent Y-o-Y to Rs 26,023 crore in the reporting quarter from Rs 20,803 crore in Q2FY23

Canara Bank Q2FY24 result: Net profit rises 42.8% at Rs 3,606 crore

Healthy NII growth, stable asset quality props up bottom-line

Punjab National Bank profit zooms 327% to Rs 1,756 crore in Q2FY24

Sequentially, the Delhi-based bank's profit went up from Rs 1,255 crore in the quarter ended June (Q1FY24)

CMS Info System Q2 net profit up 16%, managed ATM services income grows 26%

CMS Info System Ltd stock closed two per cent higher at Rs 368.75 per share on BSE

Housing finance company Can Fin Home eyes Rs 6K cr disbursements in H2

Slippages from recast book to decline in H2

Nine state govts, one Union Territory raise Rs 189 billion at bond auction

Cut-off yield highest in FY24 so far

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

The RBI has approved the appointment of Vaswani as the Bank's MD and CEO for a three-year period from date of taking charge which shall not be later than January 1, 2024

Net FDI in India down to $3 billion in April-August, shows RBI data

Global deals involving mergers and acquisitions are languishing at a 10-year low as high interest rates chill activity in equity markets

Rs 2,000 crore loans to Go First are now NPA: Central Bank of India

The public sector lender's exposure, including government-guaranteed emergency credit to the ailing airline, amounts to about Rs 2,000 crore

Kotak Mahindra Bank Q2 results: Net profit up 24%, aided by improved NIMs

The net interest income increased 23% to Rs 6,297 cr from Rs 5,099 cr a year ago

L&T Finance Holdings Q2 results: Net profit rises 46% to Rs 595 crore

Its net interest income rose by 11 per cent year-on-year to Rs 1,726 crore

Central Bank of India Q2 results: Net profit rises 90.25% to Rs 605 crore

Its operating profit was down by 12.47 per cent to Rs 1,530 crore for Q2FY24 as against Rs 1,748 crore for Q2FY23

Banks well placed to withstand trading losses due to hardening yields: RBI

While banks are endowed to face effects of rising yields, they need to strengthen risk management practices and internal controls by banks remains of paramount importance, it emphasised

BOB suspends senior officials for manipulations involving 'bob world' app

Most of these employees who are facing actions have been part of the branch network in the North and Western region of the country

IIFL Finance Q2FY24 results: Consolidated net profit up 32% to Rs 526 cr

The company's non-fund based income, including fees and commissions, rose by 24 per cent year-on-year to Rs 598 crore in the reporting quarter

Bajaj Finance Q2 results: Consolidated net profit up 28% to Rs 3,551 cr

With rising cost of funds BFL expects further compression in NIMs

RBI revises its KYC rules to strengthen money laundering prevention

The revised norms clarify the standing of principal officers (PO) in regulated entities (RE) who are responsible for furnishing information

State borrowing costs to rise in H2 FY24 on hardening of yields: Report

Capital expenditure of 13 major states is expected to grow 29% YoY, says ICRA

Bank of Maha Q2 net up 72% at Rs 920 cr, rules out equity capital offering

On a quarter-on-quarter basis, the bank's profit rose by 4.27 per cent from Rs 882 crore in Q1 of FY24. The stock ended the day 1.26 per cent higher at Rs 47.42 a share on BSE

India-Canada strife unlikely to hit education loans growth: CARE Ratings

CARE Ratings indicated that Indian students in Canada contribute nearly CAD 10 billion annually, a figure projected to rise in the long term