Nepal SBI post 13 per cent growth in net profit for FY19
Nepal SBI Bank, a subsidiary of State Bank of India, has posted a Rs 229.25 crore net profit for 2018-19, registering a growth of 13.29 per cent. The bank mobilised total deposit of Rs 9,792.45 crore and extended loans and advances of Rs 8,864.47 crore at the closing of the year, according to a statement issued by the bank ahead of its Annual General Meeting.
Karvy Stock Broking scandal: How retail investors can safeguard against such frauds
The Karvy Stock Broking demat account fraud has shaken th...
Strong fundamentals make Ujjivan Bank IPO a good bet
The loan book has doubled between March 2017 and September 2019 while deposits improved.
CSB Bank issue better suited for investors with higher risk appetite
Gold and SME Loans are the bank’s mainstay business areas, which are subject to stiff competition.
Gold is third most consistently bought investment globally: WGC
Millennials’ attitudes towards gold are not so different to those of older generations.
You can save tax on up to Rs 17,000 savings account interest: Here's how
Post office savings interest up to Rs 3,500 is exempt for single a/cs and up to Rs 7,000 for joint a/cs.
How to use India Post mobile app to access your post office savings accounts
This app can be used by only those customers who have an account in core banking enabled post office. KYC of the account should be complete beforehand. The account should have internet banking and mobile banking services enabled.
India Post launches mobile banking facility for savings accounts
According to the circular, the facility will be available from October 15 for all the post office savings account holders of the CBS post offices.
View: Yes Bank needs an arranged match, otherwise it’s No Bank
Is the Reserve Bank of India so distracted fighting other fires that it would rather not have to think about Yes?
State Bank of India cuts interest rates on savings accounts, fixed deposits
This is a U-turn from the bank’s stance in August, where it had stated that it will keep interest rates on savings account unchanged.
Airtel Payments Bank launches 'Bharosa' savings account
Along with convenient banking services, Bharosa savings account would offer Rs 5 lakh personal accident insurance on maintaining balance of Rs 500 along with one debit transaction per month.
Robust NII, loan growth to help Kotak Mahindra Bank report strong Q2 profit
JM Financial said the bank is likely to report a 31.3 per cent rise YoY in net profit.
How to invest Rs 2 crore to earn monthly income of Rs 2 lakh
To earn an income of Rs 2 lakh per month or Rs 24 lakh per annum from the corpus of Rs 2 crore, you must return of 12 per cent. However, there is no fixed income instrument that can currently offer you such rate of return.
Money stuck for over a month, PMC Bank depositors stare at uncertain future
Depositors fear they may lose their lifetime earnings. Three have died so far, apparently due to the crisis.
HDFC Bank’s provisions grow, but asset quality stable: Q2 takeaways
The private lender’s profit rose to Rs 6,345 crore in the second quarter.
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