IDBI Bank on Saturday reported a 1.4% rise in December standalone net profit at Rs 1,935 crore, compared to Rs 1,908 crore reported in the year-ago period. However, profit after tax fell 47% on a sequential basis, compared to Rs 3,627 crore in the second quarter of FY26.The lender earned an interest income of Rs […]
BNP Paribas analysts expect reasonable credit growth to translate into earnings growth momentum for banks in FY27 – a key catalyst for rerating | Photo credit: It appears that banks have given a major boost to business growth in the last two weeks of the third quarter (Q3FY26), with the RBI data showing a substantial […]
Most of us are guilty of having various inactive bank accounts that have been relegated to the back of the Spirit, along with the small quantities that are in it. It is the same with dividends that are sent to old addresses, because we have forgotten to inform the registrar and to transfer agents while […]
Higher interest rates in the long term deposits encouraged more people to invest in them. The growth of bank deposits in India delayed up to 10.6 percent on an annual basis in the financial year ending on March 2025 compared to 13 percent in the previous tax, according to new data released by the reserve […]