June 22, 2024 14:28 (IST)
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Shooting at a grocery store in USA leaves three people dead, 10 hurt | Sheikh Hasina, Narendra Modi engage in bilateral talks | As Chandrababu Naidu's new govt demolishes YSRCP office citing illegality, Jagan Reddy cries 'vendetta politics' | Centre notifies stringent anti-paper leak law amid exam mess, accused to face jail term, fine up to a crore | Maharashtra Congress chief Nana Patole alleges cracks on Atal Setu, BJP hits back

Banks flag shortage of ATMs to govt, RBI: Report

New Delhi: Banks have reportedly informed the government and Reserve Bank of India (RBI) about shortage in supply of automated teller machines (ATMs), reported Economic Times.

ED seized Rs 64,920 cr in 1,105 bank fraud cases; assets worth Rs 15,183 cr restituted to banks during NDA regime: Nirmala Sitharaman

New Delhi: The Enforcement Directorate (ED) has seized Rs 64,920 crore related to nearly 1,105 bank fraud cases to date, Finance Minister Nirmala Sitharaman reiterated on May 31 in a series of posts on the social media platform X.

RBI approves a dividend of Rs 2.11 lakh cr to Centre, an increase of 141% YoY

Mumbai: The Reserve Bank of India on Wednesday approved a dividend of Rs 2.11 lakh crore for the Central government for FY24, a significant increase of around 141 percent compared to FY23.

Bandhan Bank Q4FY24 net profit falls 94% to Rs 54.63 cr on higher provisioning, NII up 16% YoY; dividend declared

Mumbai: Private sector lender Bandhan Bank reported a steep decline of over 93 percent in its net profit, which fell to Rs 54.63 crore in the January-March quarter (Q4) of the financial year 2023-24, compared to Rs 808.29 crore in the same period of the previous fiscal year, 2022-23.

Bank of Baroda Q4FY24 net profit up 2.3% YoY to Rs 4,886.49 cr; NII up 2.3% to Rs 11,793 cr

Mumbai: State-run lender Bank of Baroda on Friday said its standalone net profit reached Rs 4,886.49 crore in Q4FY24, up 2.3% compared to Rs 4,775.33 crore in the year-ago period.

Punjab National Bank Q4FY24 PAT soars 160% YoY to Rs 3,010 cr; NII grows 9% YoY to Rs 10,363 cr

New Delhi: Public sector lender Punjab National Bank (PNB) Thursday reported an impressive growth in net profit at 159.8% YoY to Rs 3,010.27 crore in Q4FY24 compared to Rs 1,159 crore in the corresponding period last year.

SBI Q4FY24: PAT grows 24% YoY to Rs 20,698 cr; NII grows 19% to Rs 1.11 lakh cr

Mumbai: India’s largest lest lender State Bank of India (SBI) on Thursday reported net profit of Rs 20,698 crore, marking a 24 percent year-on-year increase for the fourth quarter of FY 24.

Canara Bank FY24 March qtr profit surges 18% YoY to Rs 3,757 cr; Rs 16.10 per equity share dividend declared

Mumbai: Canara Bank reported a robust performance for the March quarter, with standalone net profit increasing by 18.33% year-on-year to Rs 3,757.23 crore, compared to Rs 3,174.74 crore in the same quarter last year.

RBI slaps fines on IDFC First Bank and LIC Housing Finance for non-compliance

Mumbai: The Reserve Bank on Friday said that it has fined IDFC First Bank Rs 1 crore and LIC Housing Finance Rs 49.70 lakh for breaching specific regulations. The penalty on IDFC First Bank was levied due to failure to adhere to certain directives regarding 'Loans and Advances - Statutory and Other Restrictions', according to the central bank’s statement.

SBI revises yearly maintenance charges of some cards

Mumbai: The State Bank of India (SBI) has updated the yearly maintenance fees for specific debit cards.

All agency banks to remain open for public on March 31: RBI

New Delhi: All banks dealing with government receipts and payments will remain open on Sunday, March 31, to account for all the transactions in the financial year 2023-24.

NEFT witnesses highest ever daily transaction on Feb 29

Mumbai: The Reserve Bank of India (RBI) announced on Friday that the National Electronic Funds Transfer (NEFT) recorded its highest-ever daily transaction volume of Rs 4.10 crore on February 29, 2024.

ICICI Bank branch manager ran scam for years to meet performance targets: Report

Pratapgarh (Rajasthan): An ICICI Bank branch manager and his associates successfully met their business performance goals over several years by withdrawing funds from the accounts of unsuspicious customers at their branch, media reports said.

RBI calls on banks to remain vigilant against accumulation of risks

Mumbai: RBI Governor Shaktikanta Das cautioned banks about the accumulation of risks within the banking system during a meeting with CEOs. He underscored the importance of remaining vigilant and avoiding complacency, stressing that banks must stay alert to potential risks, media reports said.

Bandhan Bank Q3FY24: Net profit jumps 152% YoY to Rs 737 cr

Bandhan Bank on Friday reported impressive earnings for the quarter ended December 31, 2023, with the net profit surging by around 152% year-on-year (YoY) to Rs 737 crore compared to Rs 290.6 crore in Q3 FY23.