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Banks - Private Sector News

  • With 31% jump, HDFC Bank`s Aditya Puri top gainer in salary hike

    With 31% jump, HDFC Bank's Aditya Puri top gainer in salary hike  

    The decision to give up bonuses after RBI-mandated asset quality review (AQR) saw ICICI Bank MD and CEO Chanda Kochhar's salary decline 22 percent to Rs 4.79 crore in the year gone by, as declared in bank annual reports.

    27 Jun 2016, 7.56 am  |  Source: PTI

  • India could benefit from Brexit: YES Bank CEO

    India could benefit from Brexit: YES Bank CEO  

    "In the very near term, there could be some adverse spillover on India through financial linkages with rest of the world. However, I expect the dust to settle down soon as our policymakers have enough ammunition to ward off unwarr...

    25 Jun 2016, 12.40 pm  |  Source: PTI

  • Axis Bank seek shareholders` nod to raise Rs 35,000cr

    Axis Bank seek shareholders' nod to raise Rs 35,000cr  

    Axis Bank has sought approval of shareholders to raise Rs 35,000 crore through multiple instruments including green bonds and from overseas markets.

    24 Jun 2016, 10.04 pm  |  Source: PTI

  • YES Bank plans to raise $1 bn from international markets

    YES Bank plans to raise $1 bn from international markets  

    YES Bank has become the first Indian bank to receive government approval for a fully fungible composite foreign investment limit of 74 per cent. Its Board of Directors has approved to raise an additional USD 1 billion of Equity Ca...

    21 Jun 2016, 3.46 pm  |  Source: PTI

  • ICICI Bank attracts Rs 3 lakh cr digital biz in FY16

    ICICI Bank attracts Rs 3 lakh cr digital biz in FY16  

    Country's largest private sector lender ICICI Bank said it has attracted transactions worth Rs 3 lakh crore on its digital platform in 2015-16.

    19 Jun 2016, 12.40 pm  |  Source: PTI

  • HDFC Bank to seek shareholders` nod to raise Rs 50k cr

    HDFC Bank to seek shareholders' nod to raise Rs 50k cr  

    The bank also disclosed the businesses agenda for its Annual General Meeting to be held on July 21.

    17 Jun 2016, 6.18 pm  |  Source: PTI

  • DCB Bank launches Aadhaar enabled ATM in Bengaluru

    DCB Bank launches Aadhaar enabled ATM in Bengaluru  

    DCB Bank Chairman Nasser Munjee said, "Bengaluru is an important centre for us.... These ATMs are testimony to our commitment to invest in customer facing technology and promote a new way of banking," according to a Bank release.

    14 Jun 2016, 8.40 am  |  Source: PTI

  • RBI hikes foreign holding limit to 74% in Yes Bank

    RBI hikes foreign holding limit to 74% in Yes Bank  

    "Yes Bank has passed resolutions at its Board of Directors' level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares by FIIs/RFPIs," the RBI said.

    10 Jun 2016, 7.00 pm  |  Source: PTI

  • Yes Bank subscribes 8% stake in RXIL

    Yes Bank subscribes 8% stake in RXIL  

    "Yes Bank has executed a share subscription and shareholders' agreement agreeing to subscribe for 20,00,000 equity shares of RXIL," Yes Bank said in a BSE filing.

    10 Jun 2016, 9.20 am  |  Source: PTI

  • Yes Bank earmarks Rs 250 cr for livelihood, water security

    Yes Bank earmarks Rs 250 cr for livelihood, water security  

    The fund would be spend on these key focus areas by 2020 through its focused and intensified CSR actions, Yes Bank said in a statement.

    08 Jun 2016, 12.50 pm  |  Source: PTI

  • Yes Bank gets shareholders` nod to raise Rs 16,700 crore

    Yes Bank gets shareholders' nod to raise Rs 16,700 crore  

    "The shareholders have approved through special resolution to raise capital aggregating up to USD 1 billion (around Rs 6,700 crore) by issue of shares or convertible securities in one or more tranches in the course of domestic and...

    08 Jun 2016, 8.09 am  |  Source: PTI

  • ICICI Bank plans to go paperless in green drive

    ICICI Bank plans to go paperless in green drive  

    The country's second largest lender in the last few years has focussed largely on reducing its carbon footprint by bringing in more efficient technologies and processes.

    06 Jun 2016, 8.52 am  |  Source: PTI

  • Yes Bank plans to raise $1 bn in FY17

    Yes Bank plans to raise $1 bn in FY17  

    The increase in limit will provide the bank with significant enhanced flexibility in global capital raising, said Kapoor who has been recently felicitated by the London Business School for his contribution to entrepreneurship and ...

    02 Jun 2016, 2.30 pm  |  Source: PTI

  • South Indian Bank to raise Rs 500-cr from bonds

    South Indian Bank to raise Rs 500-cr from bonds  

    Private sector South Indian Bank said it proposes to raise up to Rs 500 crore from bonds to fund business expansion

    01 Jun 2016, 6.54 pm  |  Source: PTI

  • Dhanlaxmi Bank Q4 loss narrows to Rs 131.6 cr

    Dhanlaxmi Bank Q4 loss narrows to Rs 131.6 cr  

    Total income of the bank declined by 3.8 percent to Rs 323.98 crore in the reported quarter from Rs 337.05 crore a year ago, the bank said in a BSE filing.

    31 May 2016, 7.46 am  |  Source: PTI

  • Karur Vysya Bank Q4 net profit at Rs 138 cr

    Karur Vysya Bank Q4 net profit at Rs 138 cr  

    Karur Vysya Bank reported a net profit of Rs 138 crore for the March quarter against Rs 137.83 crore in the same period of 2014-15.

    27 May 2016, 9.44 pm  |  Source: PTI

  • Higher foreign investment cap to boost global capital:Yes Bank

    Higher foreign investment cap to boost global capital:Yes Bank  

    "The increase in limit will provide Yes Bank with significant enhanced flexibility in global capital raising, going forward. Yes Bank already has an enabling approval from its board of directors to raise an additional USD 1 billio...

    26 May 2016, 3.52 pm  |  Source: PTI

  • Axis Bank incorporates subsidiary to operate TReDs

    Axis Bank incorporates subsidiary to operate TReDs  

    In November last year, the RBI had given in-principle approval to three entities to set up TReDs. The other two entities are -- Mynd Solutions (Gurgaon) and NSE Strategic Investment Corporation and Small Industries Development Ban...

    24 May 2016, 7.46 pm  |  Source: PTI

  • J&K Bank`s March qtr net loss at Rs 56 cr

    J&K Bank's March qtr net loss at Rs 56 cr  

    Jammu & Kashmir Bank on May 24 reported a net loss of Rs 56.02 crore in the quarter ended March 31, due to rise in bad loans

    24 May 2016, 5.34 pm  |  Source: PTI

  • Karnataka Bank Q4 net slips 20% on high provisions, NPA improves

    Karnataka Bank Q4 net slips 20% on high provisions, NPA improves  

    Net interest income, the difference between interest earned and interest expended, grew by 23.5 percent to Rs 359.7 crore. Other income shot up 52.2 percent to Rs 170 crore and operating profit increased 34.3 percent to Rs 254.4 c...

    20 May 2016, 3.48 pm  |  Source: Moneycontrol.com

  • DBS back in the black; gets aggressive with 7% on SB deposits

    DBS back in the black; gets aggressive with 7% on SB deposits  

    Unlike the competition, which offers 6 percent (Kotak Mahindra and Yes Bank on deposits above Rs 1 lakh and RBL 7.1 percent for above Rs 10 lakh), DBS will pay 7 percent even on Re 1 balance.

    26 Apr 2016, 6.36 pm  |  Source: PTI

  • Rajkot Invest standalone Dec '15 sales at Rs 0.09 crore  

    Rajkot Investment Trust has reported a sales total income from operations of Rs 0.09 crore and a net profit of Rs 0.01 crore for the quarter ended Dec '15

    15 Feb 2016, 8.33 am  |  Source: Moneycontrol.com

  • Dhanlaxmi Bank standalone Dec '15 NII at Rs 68.34 crore  

    Standalone Net Interest Income (NII) for the quarter was Rs 68.34 crore and net loss was Rs 55.59 crore.

    15 Feb 2016, 8.00 am  |  Source: Moneycontrol.com

  • Adharshila Cap standalone Dec '15 sales at Rs 0.03 crore  

    Adharshila Capital Services has reported a standalone total income from operations of Rs 0.03 crore and a net loss of Rs 0.03 crore for the quarter ended Dec '15

    15 Feb 2016, 7.56 am  |  Source: Moneycontrol.com

  • Smart Finsec standalone Dec '15 sales at Rs 0.12 crore  

    Smart Finsec has reported a sales total income from operations of Rs 0.12 crore and a net profit of Rs 0.01 crore for the quarter ended Dec '15

    11 Feb 2016, 11.02 am  |  Source: Moneycontrol.com

  • South Indian Bank Q3 profit rises 16%, asset quality weakens

    South Indian Bank Q3 profit rises 16%, asset quality weakens  

    Net interest income, the difference between interest earned and interest expended, grew by 27 percent to Rs 406.7 crore during the quarter against Rs 320 crore in same quarter last fiscal.

    20 Jan 2016, 2.10 pm  |  Source: Moneycontrol.com

  • Karnataka Bank Q3 net slides 9% to Rs 97 cr

    Karnataka Bank Q3 net slides 9% to Rs 97 cr  

    "Total income has increased to Rs 1,369.83 crore for the quarter ended December 31, 2015, from Rs 1,364.69 crore for the quarter ended December 31, 2014," it said in a BSE filing.

    18 Jan 2016, 8.37 am  |  Source: PTI

  • Karur Vysya Bank Q3 profit rises 34%, asset quality stable

    Karur Vysya Bank Q3 profit rises 34%, asset quality stable  

    Net interest income, the difference between interest earned and interest expended, rose 14.6 percent to Rs 448 crore in quarter ended December 2015 compared to Rs 391 crore in a year-ago period.

    13 Jan 2016, 2.14 pm  |  Source: Moneycontrol.com

  • DCB Bank Q3 profit slips 3% on higher tax cost; NII jumps 32%

    DCB Bank Q3 profit slips 3% on higher tax cost; NII jumps 32%  

    Net interest income grew by 31.6 percent to Rs 160.46 crore in quarter ended December 2015 from Rs 121.9 crore in same quarter last fiscal. NII is the difference between interest earned and interest expended.

    12 Jan 2016, 5.03 pm  |  Source: Moneycontrol.com

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