South Indian Bank looking to maintain deposit growth of around 11% in FY25, says CEO MSN
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Standard Chartered (LON:STAN) Reaches New 1-Year High Following Analyst Upgrade
Shares of Standard Chartered PLC (LON:STAN – Get Free Report) hit a new 52-week high during mid-day trading on Friday after Barclays raised their price target on the stock from GBX 750 to GBX 800. Barclays currently has an equal weight rating on the stock. Standard Chartered traded as high as GBX 767 ($9.63) and last traded at GBX 760 ($9.55), with a volume of 628809250 shares traded. The stock had previously closed at GBX 756 ($9.50).
A number of other research analysts also recently weighed in on STAN. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,300 ($16.33) target price on shares of Standard Chartered in a research…
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RBL Bank shares slide 3% despite strong March quarter results
SummaryRBL Bank, in its Q4 results announced on April 27, reported a 30% year-on-year jump in net profit to ₹353 crore in the March quarter of FY24. Shares of RBL Bank dropped more than 3% on Monday, April 29, despite the Mumbai-headquartered lender reporting a strong growth in net profit in March quarter (Q4FY24).
In its quarterly results released on Saturday, April 27, the private lender reported a net profit of ₹353 crore in Q4FY24, reflecting a 30% growth compared to ₹271 crore in the same period last year.
RBL Bank’s net interest income (NIIs) surged 18% year-on-year to ₹1,599.8 crore in Q4FY24, up from ₹1,357 crore in Q4FY23.
RBL Bank’s net interest margin was at…
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CSB Bank Q4 results: Net profit falls 3% to Rs 151 crore, asset quality weakens – MSN
CSB Bank Q4 results: Net profit falls 3% to Rs 151 crore, asset quality weakens MSN
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City Union Bank Outlook for the Week (May 06, 2024 – May 10, 2024)
Will Bank Employees Get A 5-Day Work Week? Key Approval Pending
The demand for a 5-day work week by bank employees is likely to be fulfilled soon, as an agreement in this regard has already been signed between the Indian Banks’ Association (IBA) and employee unions. Now, just the government’s approval is pending, which the bank employees expect to get through later in 2024.Bank employee unions, like the United Forum of Bank Unions, have been pushing for a 5-day workweek with Saturdays off for a while. They have assured that this would not lead to a reduction in customer service hours.Following this, in December 2023, a memorandum of understanding was signed between the Indian Banks’ Association (IBA), which includes both government-run and…
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Assam Career : Bank of Baroda Recruitment 2024
Applications are invited for recruitment of various administrative positions or career in Bank of Baroda Assam.Bank of Baroda Assam is inviting applications from eligible candidates for recruitment to the post or career of Business Correspondent Supervisors on contractual basis under Dhamtari Region (Location – Bastar, Bijapur, Dantewada, Kanker, Gariaband). The contract will be initially for a period of 12 months subject to review after every 6 months. Region will review the performance of the BC supervisors on half-yearly basis. On the basis of the performance the contract will altogether be renewed for next 6 months.Name of post : Business Correspondent Supervisors No….
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Source: https://m.nenow.in/article/assam-career-bank-of-baroda-recruitment-2024-5/364853/amp
HDFC & Kotak Bank: DOUBLE or Trouble?
Kotak Bank has lost more than 10% of its market value following the ban by the RBI. It has pushed an already underperforming stock deeper into the underperforming zone.HDFC has also disappointed investors in the last few years. ICICI Bank on the other hand has been a stellar outperformer.Can HDFC and Kotak manage a turnaround? Can ICICI Bank continue to shine? We delve into this and more in the video.Do check it out.
Hello everyone, Rahul Shah here, trying to make investing accessible and profitable for the average investor.
RBI’s orders to Kotak Bank to stop onboarding new mobile and online banking customers as well as cease issuing new credit cards, has certainly not gone down well…
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IDFC First Bank | V Vaidyanathan: Expect a capital call from IDFC First Bank in FY25: V Vaidyanathan
V Vaidyanathan, MD & CEO, IDFC First Bank, says: “You should expect a call to raise capital from us in FY25. Frankly, the markets have been quite giving for us in terms of the price to book. We are well-valued. We are running at a premium to the book. So, therefore, if you raise capital premium, it actually helps existing shareholders because book value per share goes up and also, it will allow the bank to have a stronger capital base and can help us grow in a more safe way going forward.”Vaidyanathan also says: “We expect income to grow faster and by a meaningful number and maybe by 400-500 basis points, which will open up the jaw of profitability.”As we understand, the big…
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Good news for PNB customers! Take loan up to Rs 5 lakh sitting at home, low interest and easy process
Are you a PNB account holder? If yes, then this news is special for you! PNB is giving great offers to its customers on taking loans. Whether you want to buy a house, a car or start your own business, PNB is ready to help you in every possible way.
PNB Loan Offers:
Loan amount: ₹50,000 to ₹5 lakhProcessing Fee: NilInterest rate: minimumLoan tenure: 1 to 5 years
Properties:
online application sitting at homeLoan approval within 15 daysless paperworkeasy installments
How to avail the offer:
Visit the official website of PNB: https://www.pnbindia.in/Click on “Loan” tabSelect “Personal Loan” optionClick on “Apply Online” buttonFill your required information and…
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