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December 18, 2023
From a bleak position of reporting losses, the state-run bank (SBI) made giant strides to report a net profit of ₹50,232 crore for FY23 under chairman Dinesh Kumar Khara.
November 30, 2023
Amid an industry-wide deposit competition that compressed its margin in the third quarter ended Sept 30, 2023 (3Q23), CIMB Group Holdings Bhd reported its highest quarterly earnings in 2½ years, driven by a strong non-interest income (NOII).
November 24, 2023
For a sample of 29 listed banks, net profit grew by 32.9% year-on-year to Rs 76,764.9 crore in the September quarter; it was above Rs 70,000 crore for the second quarter in a row. Among the sample banks, the public sector banks (PSBs) reported net profit of Rs 33,643.3 crore, a year-on-year increase of 31% whereas profit for the private sector banks rose at a faster rate of 34.4% to Rs 43,121.6 crore.
November 24, 2023
Malayan Banking Bhd (Maybank) is on track for a strong finish in 2023, following its robust performance for the first nine months of 2023 (9M23).
November 22, 2023
The RBI recently central raised the risk weight on consumer loans of banks and NBFCs by 25 percent
November 16, 2023
ANIM | Complete Anima Holding S.p.A. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
November 10, 2023
SINGAPORE: Singapore's second largest bank Oversea-Chinese Banking Corp (OCBC) raised its targeted 2023 net interest margin, a key profitability gauge, after posting on Friday a better-than-expected 21% jump in third-quarter net profit.
November 8, 2023
ISLAMABAD: Benazir Income Support Programme (BISP) is launching skill development programmes for the children of ...
October 30, 2023
“The really good news for the bank is customer deposits are growing thick and strong for the bank, it is up like 44%. So, if not 44%, at least 40% is very much sustainable for the rest of the year. The route is very clear to us. As for ROA, there will be a year-on-year growth and it has moved out literally from 0 to 1 in four years.”
October 27, 2023
Commercial vehicle loan disbursements increased 14%, construction equipment 22%, and micro medium and small enterprises (MSMEs) increased 30% year-on-year.