Banking
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January 26, 2022, Wednesday
S&P upgrades outlook on Axis Bank to positive on improved asset quality
Private lender's loan growth and profitability should improve as economic activity gains pace in India, says agency.
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January 24, 2022, Monday
SBI Cards net profit rises 84% to Rs 386 crore in December quarter
Its interest income rose by 9 per cent year-on-year to Rs 1,273 crore
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January 14, 2022, Friday
Credit growth up 9.2% in Dec 2021 on strong growth in last fortnight of qtr
Banks lent Rs 3.7 trillion in 15 days to December 31, 2021 and outstanding commercial bank credit stood at Rs 116.83 trillion, ...
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January 14, 2022, Friday
Citigroup Q4 profit drops on higher expenses, consumer banking weakness
Profit fell to $3.2 billion, or $1.46 per share, in the quarter ended Dec. 31, from $4.3 billion, or $1.92 per share, a year ...
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January 14, 2022, Friday
Bank credit grows 9.16%, deposits up 10.28%, says RBI data
In the previous fortnight ended December 17, 2021, bank advances had risen by 7.27 per cent and deposits went up by 9.58 per cent
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January 13, 2022, Thursday
Libor, the most important number in international finance, dies at 52
The interest benchmark once underpinned more than $300 trn in financial contracts but was undone after a year long market-rigging ...
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January 10, 2022, Monday
Covid-19 pandemic: Omicron spread may disrupt growth momentum, says IBA
Impact may not be severe as first, second waves
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January 08, 2022, Saturday
CSB Bank MD&CEO retires early, lender to set up panel to find successor
CSB Bank on Saturday said its managing director and chief executive C VR Rajendran has decided for an early retirement on health ...
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January 07, 2022, Friday
RBI approves Anup Bagchi's re-appointment as ICICI Bank Executive Director
The shareholders of the bank at its Annual General Meeting in August last year had approved Bagchi's re-appointment for five ...
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January 06, 2022, Thursday
RBL Bank's gross advances rise 5% to Rs 59,941 crore by Dec-end
The private sector lender had gross advances amounting to Rs 57,092 crore by the corresponding period a year ago
