Private Sector Bank

”The RBI has told us not to take new outright arbitrage positions,” a senior trader at a private sector bank said.

Federal Bank subsidiary FedFina revives IPO plans

The FedFina IPO will be undertaken through fresh issues and an offer for sale.

HDFC Bank’s earnings growth moderates in Q1 — Is the golden era over?

A marginal blip, but bank well poised to leap forward

IDFC First Bank lowers interest rate on savings accounts to up to 4%, new rates effective from May 1

An interest of 5 percent is being offered for minimum account balance up to Rs 2 crore, and 4 percent for balance ranging from Rs 2 crore to Rs 10 crore.

CSB Bank’s Q3 earnings surge, but will the shine of gold loans continue?

While CSB’s overall loan growth was a healthy 22 per cent YoY in Q3, gold loans increased by a whopping 60 per cent YoY

Why Kotak Bank remains our favourite core portfolio stock despite its weak numbers

The single most important reason to like Kotak Bank despite not being a growth story is its excellent liability franchise

Weekly Tactical Pick: ICICI Bank offers an opportunity to investors

Shrugging off its past, ICICI Bank has bounced back with a strong balance sheet

DCB Bank: Do low valuations merit a buy?

With the stock price correcting sharply by 60 percent from peak of Rs 200 seen in January 2020, valuations have turned very attractive and the bank is trading below book value.

Retailers received ‘little support' from banks to tide over COVID crisis: RAI Survey

The survey, which took response from 311 retailers across India said 56 percent had outstanding term loan facilities and 52 percent did not get moratorium announced by the RBI on March 27.

Is Axis Bank on the lookout for a successor to Shikha Sharma?

Axis Bank’s gross bad loans have jumped the steepest in the industry by over 350 percent in the last five quarters.

Axis Bank to issue debentures to raise Rs 5,000 crore

Axis Bank, country’s third largest private bank, on Monday said it will raise Rs 5,000 crore by issuing non-convertible debt securities.

Karnataka Bank targets Rs 1,10,000 crore turnover for 2017-18

Managing Director and Chief Executive Officer of the bank P Jayarama Bhat highlighted its performance during the financial year 2016-17 and rolled out the business agenda for the new fiscal. As on March 31, 2017, the bank has 2,145 service outlets comprising of 765 branches and 1,380 ATMs across the country.

All agency banks, some RBI offices to stay open on all days from March 25 to April 1

The concerned departments of the Reserve Bank undertaking government business will also remain open on the above days.

With cash low and tempers high, bankers seen as banksters

With cash low in the system and wallets running dry, bankers are fighting multiple battles

On tap banking licences will up competition, hit PSBs: Icra

Coupled with the capital constraints of public sector banks (PSBs) owing to non-performing assets, their market share can go down by up to 10 percentage points in the next five years from the present 70 percent, it warned.

Federal Bank partners Jio Money for One-Click payment service

Federal Bank today said it has signed an agreement with Reliance Jio Money for One-Click payment service.

Axis Bank Honoured by ICSI for Excellence in Corporate Governance

Axis Bank, India’s third largest private sector bank, has been conferred the Certificate of Recognition for excellence in Corporate Governance ...

Prefer private sector bank, says Jyotivardhan Jaipuria

Jyotivardhan Jaipuria, Independent Market Expert is of the view that one may prefer private sector bank.

HSBC says to sell Brazil unit to Bradesco for $5.2 billion

HSBC Holdings Plc said it sold its Brazilian unit to Banco Bradesco SA for USD 5.2 billion, retreating from the second-largest emerging market economy after years of feeble performance.

See real uptick in earnings from Q3FY16: Jhunjhunwala

Big bull Rakesh Jhunjhunwala says the market at the moment is in a consolidation phase and the Nifty may revisit 7900-8000.

KV Kamath appointed BRICS bank president

Kamath who will have a five year term of the bank, which is likely to be operationalised within one year, is also the Chairman of the India's largest private sector bank ICICI.

UAE Exchange offers instant India bank transfers

The tie up will integrate UAE Exchange FLASHremit, an instant account credit facility, with IMPS (Immediate Payment Service).