Union Bank of India secures 2nd Rank in EASE reforms
MUMBAI – 16th NOVEMBER, 2023 (GPN): Union Bank of India is ranked 2nd as per the report on EASE Reforms Index for Q1 FY 2023-24 by Indian Banks’ Association (IBA). Union Bank of India has…
BANKING
ESAF SFB IPO makes an impressive debut on the exchanges lists at 20% premium
MUMBAI, NOVEMBER 10, 2023 (GPN): Shares of ESAF Small Finance Bank Limited made an impressive debut on the exchange listing at a 20% premium. The scrip listed Rs 71.90 per share on BSE and Rs…
CAPITAL SMALL FINANCE BANK NET PROFIT INCREASES BY 32.37 % Y-o-Y IN HY1-FY 24
Total Business (advances and deposits) increased to Rs. 12,866 crore in HY1-FY 2024 ROE and ROA has increased to 16.45% and 1.29% respectively NATIONAL, 9 NOVEMBER, 2023 (GPN): Capital Small Finance Bank Limited, India’s first…
Federal Bank Ropes In Ace Shuttler H S Prannoy For An Exclusive Collaboration
MUMBAI, 8th NOVEMBER, 2023 (GPN): Federal Bank collaborates with India’s Top Seeded Shuttler, H.S. Prannoy. H.S. Prannoy, is current world number eight and a recipient of the men’s singles bronze medal in the recent Asian…
Shri Goverdhan S. Rawat and Dr. Ajay Kumar Sood Joins NABARD as Deputy Managing Directors
MUMBAI, NOVEMBER 07, 2023 (GPN) – The National Bank for Agriculture and Rural Development (NABARD) announced the appointment of Shri Goverdhan S. Rawat and Dr. Ajay Kumar Sood as Deputy Managing Directors. These additions to the…
Standard Chartered Bank drives in financing access for Tata Motors’ Ltd (TML) Passenger Electric Vehicle Dealers
MUMBAI, 06 NOVEMBER 2023 (GPN)- Standard Chartered Bank, India, today announced that it has partnered with Tata Motors, India’s leading automobile manufacturer, for offering Supply Chain Finance Solutions to their passenger Electric Vehicle (EV) dealers. Currently Standard…
Axis Bank and Institute of Rural Management Anand (IRMA) signed MoU to foster Financial Inclusion and Literacy in India
AHMEDABAD, NOVEMBER 6th, 2023 (GPN): Axis Bank, one of the largest private sector banks in India, has signed a Memorandum of Understanding (MoU) with the Institute of Rural Management Anand (IRMA), to establish the Axis…
Bank of India Announces Q2FY24 Results; Net Profit Surges 52% YoY to Rs.1,458 Cr against Rs.960 Cr in Q2FY23, NII up 13%
MUMBAI, 4th NOVEMBER, 2023 (GPN) : Bank of India on Saturday November 4 reported a standalone net profit of Rs 1,458 crore in the second quarter of fiscal year 2023-24 (Q2FY24), which is higher by…
बँक ऑफ बडोदा’च्या द्वारे Q2FY24 – 30 सप्टेंबर 2023 रोजी संपलेल्या तिमाहीच्या वित्तीय निकालांची घोषणा
मुंबई, 3 नवंबर, 2023 (GPN): बँक ऑफ बडोदा’च्या द्वारे 30 सप्टेंबर 2023 रोजी संपलेल्या तिमाहीच्या वित्तीय निकालांची घोषणा ठळक मुद्दे • बँक ऑफ बडोदा (BOB) चा तिमाही निव्वळ नफा वित्तीय वर्ष 2023-24 च्या Q2 मध्ये 28.4% वर्ष दरवर्ष वाढून रू 4,253 कोटी इतका झाला. वित्तीय वर्ष 2023-24 च्या प्रथम छमाही मध्ये निव्वळ नफा 51.8% ने वाढून रू 8,323 कोटी इतका नोंदविण्यात आला. • बँक ऑफ बडोदाने मागील 5 तिमाहीत सातत्याने 1% पेक्षा जास्त ROA आणि ROE सुमारे 20% याप्रमाणे वितरित केले आहेत. वित्तीय वर्ष 2023-24 च्या द्वितीय तिमाही साठी ROA 1.14% आणि ROE 19.74% होता. • वित्तीय वर्ष 2023-24 च्या द्वितीय तिमाही मध्ये नफा वाढ वर्ष दरवर्ष 25% च्या निरोगी कामकाजी उत्पन्न (ऑपरेटींग इन्कम) च्या वाढीमुळे समर्थन मिळाले. • वित्तीय वर्ष 2023-24 च्या द्वितीय तिमाही मध्ये व्याज-व्यक्तिरिक्त उत्पन्न (नॉन-इंटरेस्ट इन्कम) मध्ये ~2x वर्ष दर वर्ष वाढीमुळे ऑपरेटींग इन्कममध्ये वाढ झाली. • वित्तीय वर्ष 2023-24 च्या द्वितीय तिमाही मधील नॉन-इंटरेस्ट इन्कममध्ये वाढ शुल्क उत्पन्न (+31.7%), ट्रेडिंग गेन (+69.5%) आणि टीडबल्यूओ (~2x) कडून वसुलीला चालना मिळाली. • उत्पन्नातील मजबूत वाढ आणि ओपीईएक्स मधील कमी वाढीमुळे वित्तीय वर्ष 2023-24 च्या द्वितीय तिमाही मधील वर्ष दर …
Bank of Baroda (BOB) Q2FY24 Profit Soars 28.4% (Y-o-Y) to Rs 4,252.89 crore on better asset quality and higher incomes
MUMBAI, 4th NOVEMBER, 2023 (GPN) : Public Sector Lender Bank of Baroda (BoB) on Saturday, November 4 reported 28.4 per cent rise in net profit on a year-on-year (y-o-y) basis to Rs 4,253 crore…