Banking & Finance

HDFC Q2 business update | Firm assigned Rs 9,145 crore loans to HDFC Bank It had assigned a Rs 7,132 crore loan in the corresponding quarter of the previous fiscal. Housing Development Finance Corporation Ltd (HDFC) on October 3 said in…

IDFC First Bank surges 10%, hits 52-week high post Q2 business update Asset quality of the loans booked during last 1 year, on a like-to-like vintage comparison basis, is performing better than prior vintage periods, indicating improvement…

IDFC First Bank near year high, Yes Bank jumps. Why banking shares are surging today After the sharing of Q2FY23 business update, shares of Yes Bank and IDFC First Bank today surged with sizeable gains in early morning deals. IDFC First…

HDFC Bank Shares Gain On Higher Deposits, Advances In Q2 HDFC Bank's deposits rose 19% year-on-year to Rs 16.73 lakh crore in the quarter ended September. Shares of HDFC Bank Ltd. gained after India's largest private lender reported a…

Union Bank of India launches 9 Union Learning Academies Hyderabad, October 01, 2022: Union Bank of India today launched 9 Learning and Development “Centers of Excellence” (CoEs) christened as the Union Learning Academies (ULAs).…

Non-banking finance companies-microfinance institutions (NBFC-MFI) and small finance banks have gained market share in microfinance lending sector at the expense of banks as they outperformed the lenders in terms of growth in gross loan…

Apps used for making Unified Payment Interface (UPI) transactions must collect users’ location data only with their consent, the National Payments Corporation of India (NPCI) has said. In a circular dated July 5, NPCI has notified UPI…

Days after the Reserve Bank of India (RBI) eased the buffer norms and interest rate caps on foreign currency non-resident (bank) deposits, State Bank of India (SBI) raised rates on such deposits by up to 105 basis points (bps). The…

By Shubhangi Shah Banking is already on our fingertips via mobile phones. The next leap of technology promises to bring a human touch to the digital experience with virtual interactions in the metaverse. Like what Union Bank of India…

Private sector lender City Union Bank (CUB) on Friday signed a corporate agency agreement with Shriram General Insurance to distribute the latter’s insurance products through its network of branches across the country. Under the…