Latest Updates Around The World
Punjab National Bank on Saturday reported a 14 percent increase in net profit for the July-September quarter (Q2 of financial year 2025-26). The bank cited steady business growth, improved asset quality and robust digital adoption as reasons for the increase. In a stock exchange filing, the bank said its net profit stood at over ₹4,900 […]
In everyday life, legal conflicts can arise unexpectedly, whether it concerns a dispute with an employer, a dispute with neighbors or a problem with a purchase. The importance of legal expenses insurance becomes clear here: it offers financial and legal support when you need it. Understanding the importance of legal expenses insurance The other day […]
In late 2024, the IRS announced the new 2025 income tax brackets, allowing people to plan ahead for their 2025 returns and quarterly payments. The Internal Revenue Service (IRS) annually updates the seven income tax brackets, changing their range to take inflation into account. They also increased the standard deduction and made other changes depending […]
The applicant must be currently working as a full-time director in a scheduled commercial bank and have good industry knowledge and interpersonal skills. | Photo credit: ANINDITO MUKHERJEE Private sector lender City Union Bank (CUB) has called for candidates for the post of MD, CEO of the bank as its incumbent chief N Kamakodi retires […]
The country’s largest lender HDFC Bank is likely to report a slight contraction in net interest margin (NIM) but robust business growth and asset quality in Q2FY26, say analysts. The lender will publish its second-quarter results on Saturday. “HDFC Bank is rebalancing towards retail assets and deposits to replace expensive loans (from erstwhile HDFC), improving […]
Lenders will be provided with a glide path (until March 31, 2031) to mitigate the one-off impact of any higher provisioning on their existing portfolio Incremental provisioning that the Bank of India (BoI) may have to make to meet the RBI’s proposed provisioning norms based on expected credit losses (ECL) could have an impact of […]
RAM loans (Retail, Agri, MSME) grew 19 percent YoY in Q2FY26, driven by 22 percent growth in retail loans | Photo credit: BIJOY GHOSH Karur Vysya Bank reported 21 per cent growth in net profit for the quarter ended September 2025 (Q2FY26) at ₹574 crore. The bank’s total revenue crossed the ₹ 2,00,000 crore mark […]
Union Finance Minister Nirmala Sitharaman reviews the performance and progress of Karnataka Grameena Bank in Ballari Highlighting the crucial role of rural banks in driving inclusive growth, Union Finance Minister Nirmala Sitharaman during her visit to the Karnataka Grameena Bank headquarters in Ballari on Thursday evening emphasized the need to intensify economic development in rural […]
The report states that police are now focusing on unsubstantiated entries of around ₹255 crore, which were allegedly ‘not mentioned’ in the complaint filed by the bank | Photo credit: REUTERS Private sector lender IndusInd Bank said on Friday it is not part of any new fraud probe. This was in response to a news […]
The net interest margin (NIM) was 5.5 percent in the second quarter, higher than the 5.4 percent last quarter AU Small Finance Bank on Friday reported a 2 per cent year-on-year (yoy) and 3 per cent quarter-on-quarter (qoq) decline in net profit for the quarter ended September at ₹561 crore, largely due to higher provisioning […]
