Banks - Private Sector News
22 May 2013, 12.17 pm | Source: CNBC-TV18
Dhanlaxmi Bank earned a net profit of Rs 2.62 crore for the fiscal ended March 2013, compared to a net loss of Rs 115.63 crore for the fiscal ended Ma...
22 May 2013, 9.23 am | Source: Moneycontrol.com
Phishing mails are a cause of concern for all including customers, banks and RBI. The central bank has embarked on a slew of measures. Bank too are do...
20 May 2013, 4.40 pm | Source: Moneycontrol.com
City Union Bank reported 15 percent year-on-year rise in its fourth quarter (January - March) net profit to Rs 83 crore, aided by other income, which ...
20 May 2013, 4.16 pm | Source: CNBC-TV18
City Union Bank core has seen good growth in core income this quarter. The gross NPA has come down from 1.23 percent to 1.13 percent, while the gross ...
20 May 2013, 1.57 pm | Source: Reuters
Morgan Stanley launched the sale of its Indian private wealth management unit in November 2012, after entering the highly fragmented and competitive m...
18 May 2013, 3.30 pm | Source: Moneycontrol.com
Standalone Net Interest Income (NII) for the quarter was Rs 325.63 crore and net profit was Rs 28.66 crore....
16 May 2013, 9.15 pm | Source: Moneycontrol.com
ICICI Bank repatriated around Rs 400 crore capital from its wholly owned subsidiary in Canada. The bank can now use the same fund to expand its loans ...
16 May 2013, 4.04 pm | Source: CNBC-TV18
Jammu and Kashmir Bank declared a special dividend of 500 percent and is eyeing 20 percent growth going ahead. ...
15 May 2013, 7.33 pm | Source: Moneycontrol.com
Jammu and Kashmir Bank Q4 net interest income (NII) was up 23 percent at Rs 633 crore versus Rs 516 crore, Year-on-Year....
15 May 2013, 7.32 pm | Source: CNBC-TV18
Karnataka Bank Q4 net interest income (NII) was up at Rs 221.4 crore versus Rs 214.2 crore, in the same quarter last year....
15 May 2013, 7.18 pm | Source: CNBC-TV18
Jayarama Bhat, MD of Karnataka bank expects the FY14 net interest margin (NIM) to be around 3 percent on the back of its profit falling 19 percent....
14 May 2013, 10.09 pm | Source: Moneycontrol.com
Cobrapost expose on alleged money laundering cases has no doubt brought many things to public notice. However, there is a need to delve deep into read...
06 May 2013, 4.16 pm | Source: CNBC-TV18
South Indian Bank, which reported net interest margin of 3.21 percent in quarter ended March is determined maintain it at 3 percent in FY14. ...
06 May 2013, 12.16 pm | Source: Moneycontrol.com
Private sector lender South Indian Bank's fourth quarter (January-March) net profit rose by 26.23 percent year-on-year to Rs 154 crore led by other in...
03 May 2013, 10.23 pm | Source: PTI
The Reserve Bank of India on Friday said it has not given a clean chit to ICICI Bank, HDFC Bank and Axis Bank, which are accused of money laundering a...
03 May 2013, 7.58 pm | Source: Moneycontrol.com
Banks are in no mood to reduce interest rates anytime soon following a cut in the policy/repo rate by 25 basis points to 7.25 percent. However, a fall...
03 May 2013, 3.28 pm | Source: PTI
The RBI today said that its probe into their activities revealed the banks did not follow KYC norms while selling third party products. ...
02 May 2013, 2.10 pm | Source: Moneycontrol.com
Private sector lender Kotak Mahindra Bank's fourth quarter (Jan-March) standalone net profit grew to a forecast beating 47 percent year-on-year to Rs ...
02 May 2013, 11.08 am | Source: Moneycontrol.com
Kotak Mahindra Bank's shares gained as much as 1.75 percent in morning trade Thursday to touch a 52-week high of Rs 718 ahead of fourth quarter earnin...
01 May 2013, 2.57 pm | Source: CNBC-TV18
Financial services secretary Rajiv Takru says, in an interview to CNBC-TV18, that a high-powered group has been set up to examine chit funds: Takru...
30 Apr 2013, 5.27 pm | Source: Moneycontrol.com
Ahead of the Reserve Bank of India's fourth quarter (January – March) credit policy review, a Royal Bank of Scotland (RBS) survey revealed a loud cl...
29 Apr 2013, 9.00 pm | Source: Moneycontrol.com
Private sector lender ING Vysya Bank's fourth quarter (January-March) net profit grew by 33.7 percent year-on-year to Rs 170.3 crore....
29 Apr 2013, 8.43 pm | Source: Moneycontrol.com
Sonal Varma and Aman Mohunta – two economists from Japanese research firm Nomura are of opinion that the RBI may be prompted to cut rates due to thr...
29 Apr 2013, 2.09 pm | Source: PTI
The Reserve Bank is looking into sale of gold coins and gold-related investment products by about 30 banks to find out whether their employees are mis...
27 Apr 2013, 4.35 pm | Source: Moneycontrol.com
Public sector lender Federal Bank's fourth quarter (January-March) net profit fell by 6.6 percent year-on-year to Rs 221.9 crore....
26 Apr 2013, 9.21 pm | Source: Moneycontrol.com
ICICI Bank has stated that an internal inquiry did not find any trace of alleged money-laundering. However, the bank has hinted at some transactional ...
26 Apr 2013, 2.42 pm | Source: Moneycontrol.com
ICICI Bank's fourth quarter (January-March) net profit rose 21 percent year-on-year to Rs 2,304 crore, in line with what most analysts were expecting....
25 Apr 2013, 11.51 am | Source: Moneycontrol.com
Axis Bank, the third largest private sector lender, gained three percent after reporting a forecast beating 22 percent year-on-year rise in its fourth...
25 Apr 2013, 11.14 am | Source: Reuters
Axis Bank shares rise 2.6 percent after the bank posts better-than-expected March quarter results. ...
24 Apr 2013, 9.41 pm | Source: Moneycontrol.com
Axis Bank has appointed KPMG, one of the big four consulting firms to carry out a forensic investigation in the alleged money laundering case. Accordi...
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