by newsworm | Jan 20, 2025 | Banking, Utkarsh Small Finance Bank
Utkarsh Small Finance Bank has announced its financial results for the quarter ending June 2024, reporting a significant increase in net profit and total operating income. The bank’s net profit rose by 27.81% to Rs 137.40 crore during the quarter ended June... by newsworm | Jan 20, 2025 | Banking, IDFC Bank
IDFC FIRST Bank has partnered with RuPay to launch a new credit card called FIRST EARN, which is backed by a fixed deposit. This unique feature allows anyone to apply for the card, making it accessible to a wider audience. The card is UPI-enabled, allowing users to... by newsworm | Jan 20, 2025 | Banking, Karur Vysya Bank
Karur Vysya Bank, a private sector institution, has recently announced a solid financial performance, reporting a substantial 20.4% year-on-year increase in its net profit at Rs 496 crore for the December 2024 quarter. This represents an improvement over Rs 412 crore... by newsworm | Jan 20, 2025 | Banking, UCO Bank
The National Company Law Tribunal (NCLT) has ruled in favor of UCO Bank, dismissing the respondent’s claims about the statute of limitations. The respondent had argued that the appeal fell outside the limitation period as prescribed under Section 19 of the... by newsworm | Jan 20, 2025 | Axis bank, Bandhan Bank, Bank of Baroda, Banking, ICICI Bank, State Bank of India, Utkarsh Small Finance Bank
The article discusses the best fixed deposit (FD) rates offered by various banks in India, including small finance banks, private banks, and government banks. It highlights that small finance banks are often offering higher returns on FDs than private and government... by newsworm | Jan 20, 2025 | Banking
Saraswat Co-operative Bank, India’s largest urban co-operative bank, has formed a strategic partnership with PNB MetLife India Insurance Company Limited to promote financial inclusion and offer life insurance solutions to its customers. Through this... by newsworm | Jan 20, 2025 | Banking
Here is a summary of the article in 400 words: Bandhan Mutual Fund has launched a new fund, Bandhan Nifty Alpha Low Volatility 30 Index Fund, which aims to provide returns that track the Nifty Alpha Low Volatility 30 Index. The fund’s objective is to replicate... by newsworm | Jan 20, 2025 | Banking, dbs
DBS Group Research has recently released a research report that Downgrades the target price for China Overseas Holdings Limited (00688.HK) to HK$15.3 from the previous estimate. The change comes after a thorough analysis of the company’s recent performance and... by newsworm | Jan 20, 2025 | Banking, State Bank of India
In a heroic display of bravery, three bank employees from the State Bank of India (SBI) branch in Patara, Uttar Pradesh, came forward to apprehend an armed robber who attacked the security guard at the bank on the morning of January 18. The incident was captured on... by newsworm | Jan 20, 2025 | Banking
Here is a summary of the content in 400 words: Sharjah Islamic Bank (SIB) has achieved a significant milestone by surpassing its net profit of AED 1 billion (approximately US$272 million) for the first time in its history. This impressive performance reflects the...