Better interest margins push Vijaya Bank Q1 profit up 13%
Public sector Vijaya Bank has reported a 13.37 per cent rise in net profit to Rs 161.66 crore for the…
23 JUL 2016
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Centre infuses Rs 22,915 crore in PSBs
The Centre has infused Rs 22,915 crore in Public Sector Banks (PSBs) to ensure that they can step up credit,…
20 JUL 2016
Reserve Bank allows FIs to up stake in Axis Bank, IDFC Bank
The banking sector regulator Reserve Bank of India (RBI) has given its nod to foreign investors to raise their stakes…
19 JUL 2016
FinMin nod to 1st round of capital infusion in PSBs likely soon
In line with its announcement earlier, the Finance Ministry is likely to soon clear the first round of capital infusion…
19 JUL 2016
Raghuram Rajan says three-year term is short for RBI Governor
Outgoing Reserve Bank of India (RBI) Governor Raghuram Rajan has said that the central bank chief should have a tenure…
01 JUL 2016
UCO Bank hopes to return to profitability by next fiscal
Kolkata-based UCO Bank is pinning its hope on the next financial year to return to profitability as the lender posted…
30 JUN 2016
Bank consolidation in India may pose risks: Moody’s
Rating agency Moody’s Investors Service on Tuesday said that Indian Government’s plans of consolidating state run banks could pose risks…
28 JUN 2016
Oriental Bank of Commerce eyes Rs 1,000 cr raising via tier-II bonds
Public sector lender Oriental Bank of Commerce (OBC) is mulling to raise capital worth Rs 1,000 crore. It is learnt…
28 JUN 2016
Benefits of Cloud computing for banks: Kishore Kapoor, CEO, eKutumb.com
In contrast to other business sectors, the banking industry has been little slow in adopting the massive potential that cloud…
28 JUN 2016
Patented Cloud platform, managed services keep ESDS ahead of others
Piyush Somani, CEO, ESDS India underlines a few USPs of his company including managed services, patented Cloud platform and managed…
27 JUN 2016
