~Around 2200 offers across 2700+ cities to enhance festivities~ ~SBI Card customers can enjoy up to 27.5% cashback ~ NEW DELHI, 25 OCTOBER, 2023 (GPN): SBI Card, India’s largest pure-play credit card issuer, has rolled…
MUMBAI, 25 OCTOBER, 2023 (GPN): Kotak Mahindra Bank Limited (KMBL/Kotak) today announced that it has partnered with National E-Governance Services Limited (NeSL) to issue its first electronic Bank Guarantee (e-BG) on the latter’s platform. The…
MUMBAI, 25 OCTOBER, 2023 (GPN)- SBI Securities, a trusted name in financial services, has launched its first brand film talking about investing with confidence. The film embodies the spirit of financial empowerment and resonates with…
MUMBAI, 19 OCTOBER, 2023 (GPN): Bank of India (BOI) signed an MoU with REC Limited to jointly explore the possibilities of funding projects in sectors such as Power, Infrastructure and Logistics under a consortium arrangement….
MUMBAI, 19 OCTOBER, 2023 (GPN): South Indian Bank on Wednesday, today declared Net Profit of Rs. 275 Cr for Q2 FY 2023-24 registering a growth of 23.2% compared to Rs. 223 Cr in Q2 FY…
MUMBAI, 17 OCTOBER, 2023 (GPN): ESAF Small Finance Bank Ltd, is a Small Finance Bank with a focus on unbanked and under-banked customer segments, especially in rural and semi-urban areas has received final observation from…
TODAY’S TOP NEWS BY GPN: TUESDAY, 17 OCTOBER, 2023 TODAY’S TOP PHOTO NEWS: ================================= TODAYS TOP NEWS BY GPN – WORLD, NATIONAL AND STATES. ================================= 1.GAZA: ‘Two hundred to 300 displaced people killed in occupation (Israeli)…
The NGAP aimed to increase Access to Finance for micro enterprises. NATIONAL, OCTOBER, 2023 (GPN): SIDBI & Global Alliance for Mass Entrepreneurship (GAME) have onboarded the first cohort for the NBFC Growth Accelerator Program (NGAP). This…
MUMBAI, 16th OCTOBER, 2023 (GPN): Federal Bank announced the Financial Results for the quarter ended 30th September2023. The key highlights of the results on a Y-o-Y basis are as follows: Total Business of the Bank reached Rs 425685.12 Cr Net Profit highest ever @ Rs 953.82 Cr, grew 35.54 % Operating Profit highest ever @ Rs 1324.45 Cr ROA for Q2 stood at 1.36% and ROE stood at 15.72% GNPA and NNPA brought down to 2.26% and 0.64% respectively. Total Deposits increased by 23.12% Total Net Advances increased by 19.58% Highest ever Net Interest Income at ₹ 2056.42 Cr, grew by 16.72% WORKING RESULTS AT A GLANCE (Rs.in Cr) Particulars Q2 Q2 % y-o-y growth 2023-24 2022-23 Net Profit 953.82 703.71 é35.54% Total Income 6185.70 4630.30 é33.59% Operating Profit …
MUMBAI, 16 OCTOBER, 2023 (GPN): Save over Rs 25,000 on shopping, food and travel with AU Credit and Debit Cards (Mumbai, 16th October 2023): This festive season, AU Small Finance Bank (AU SFB), India’s largest…
