banking

Kolkata, Feb 9: City-headquartered Bandhan Bank, which began commercial operations last year, is targeting growth on the deposit as well as credit front by at least 30 percent by 2017-end, a top official said here. The microfinance…

Bengaluru, Feb 6: State-run Vijaya Bank on Friday reported net profit of Rs.53 crore for third quarter of 2015-16, registering 43 percent annual growth from Rs.37 crore posted in same period a year ago. The city-based bank's operating…

New Delhi, Dec 2: Tata Sons and Industrial and Commercial Bank of China (ICBC) have formed a long-term partnership, under which ICBC will become a strategic banking partner to the Tata Group, an official statement said here on Wednesday.…

New Delhi, Nov 23: The major stress on state-run banks owing to bad loans will progressively commence easing once issues are gradually resolved in various sectors, including implementation of reforms in the power sector, Finance Minister…

Bengaluru, Nov 6: As a sign of economic revival and increasing use of technology, online recruitment across India zoomed 60 percent in October, with manufacturing hiring most, a leading placement agency said in a report on Thursday. "Our…

Chenani, Sep 24: Increasing their ability to change ownership of borrowing entities under stress due to operational and managerial inefficiencies, the RBI on Thursday permitted banks to upgrade the loan accounts to "standard" class. In a…

Bhubaneswar, Sep 9: If people can't go to banks, the banks will come to them, Odisha Chief Minister Naveen Patnaik said on Wednesday while announcing that mobile banking would be introduced in all blocks of the state for the benefit of…

The 12-hour 'Bharat Bandh' call given by 10 Trade Unions across India, has affected the rail, transport and banking services in Odisha. Bhubaneswar, Cuttack, Berhampur, Jajpur, Jagatsinghpur and Baleswar areas have been largely affected.…

Kolkata, Aug 23: City-headquartered Bandhan Bank on Sunday became the first universal private bank in eastern India to begin its journey post independence with 1.43 crore accounts in place and a loan book of Rs.10,500 crore backed by…

New Delhi, Aug 21: The government has launched an all-out effort to address the major problem of state-run banks' non-performing assets (NPAs), or bad debts, Finance Minister Arun Jaitley said on Friday. "An all-out effort has been…