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Gurugram Bank Employee Opens Fake Accounts For Fraudsters To Meet Targets, Arrested
Police have arrested a deputy manager of a private sector bank from Mumbai who allegedly opened fake bank accounts for fraudsters to meet his targets, officials said.
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Kotak Mahindra Bank Joint MD KVS Manian Resigns
Kotak Mahindra Bank on Tuesday announced that its joint managing director KVS Manian, a veteran at the private sector lender, has stepped down with immediate effect.
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Axis Bank Credit Card Users Impacted By Fraudulent Transactions: Report
Several customers having Axis Bank credit cards have been impacted by fraudulent overseas transactions, a senior official from the third largest private sector lender said today.
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Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
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A $21 Billion Indian Banks Stock Rout Signals Heyday May Be Over
The outlook has quickly soured for India's $433 billion banking sector after a rare selloff in HDFC Bank Ltd., the country's biggest private sector lender.
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RBI Governor Says "Closely" Watching High Attrition At Some Private Banks
RBI Governor Shaktikanta Das on Tuesday said attrition is seen to be high at some private sector banks and that the central bank is watching the issue "closely".
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RBI Approves Reappointment Of Sandeep Bakhshi As ICICI Bank's CEO For 3 Years
Private sector ICICI Bank on Monday said the RBI has approved the reappointment of Sandeep Bakhshi as Managing Director and CEO of the private lender for three years.
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RBI Authorises Bandhan Bank For Disbursing Civil Pension
Private sector lender Bandhan Bank on Tuesday said it has been appointed by Reserve Bank of India as an authorised pension disbursement bank on behalf of the Central Pension Accounting Office (CPAO) for the civil pensioners.
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Kotak Mahindra Bank Clarifies No Communication From RBI On Succession Plan
Private sector lender Kotak Mahindra Bank on Monday said it has not received any communication from the Reserve Bank on the succession of its executive officer (CEO).
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Axis Bank Q1 Net Profit Rises 40% To Rs 5,797 Crore
Private sector lender Axis Bank on Wednesday posted a 40.5 per cent increase in standalone net profit at Rs 5,797 crore in the April-June quarter, mainly due to decline in bad loans and improvement in interest income.
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SEBI Orders Jailed Yes Bank Ex-CEO Rana Kapoor to Pay Rs 2.2 Crore
Sebi on Tuesday sent a notice to Yes Bank's former MD and CEO Rana Kapoor, asking him to pay Rs 2.22 crore in a case of mis-selling the private sector lender's AT1 bonds and warned of arrest and attachment of assets as well as bank accounts if he fails to make the payment within 15 days.
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HDFC Bank Q1 Net Profit Rises 29% To Rs 12,370 Crore
Largest private sector lender HDFC Bank on Monday reported a 29.13 per cent jump in consolidated net profit for the June quarter at Rs 12,370.38 crore.
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HDFC Bank Onboards Over 1 Lakh Customers, 1.7 Lakh Merchants On Digital Currency Pilot
The largest private sector lender HDFC Bank on Thursday claimed that it has on-boarded over 1 lakh customers and more than 1.7 lakh merchants on the CBDC pilot programme and activated an interoperable UPI QR code with the e-rupee platform.
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HDFC Bank Records 15.8% Loan Growth In Q1
Private sector lender HDFC Bank on Wednesday said it has registered a 15.8 per cent rise in loans to Rs 16,15,500 crore in the first quarter of current fiscal year.
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Axis Bank Q4 Results: Net Loss At Rs 5,728 Crore
Private sector lender Axis Bank on Thursday reported a net loss of Rs 5728.42 crore for the March 2023 quarter on account of the acquisition of the retail consumer business of CitiIndia.
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Gurugram Bank Employee Opens Fake Accounts For Fraudsters To Meet Targets, Arrested
Police have arrested a deputy manager of a private sector bank from Mumbai who allegedly opened fake bank accounts for fraudsters to meet his targets, officials said.
-
Kotak Mahindra Bank Joint MD KVS Manian Resigns
Kotak Mahindra Bank on Tuesday announced that its joint managing director KVS Manian, a veteran at the private sector lender, has stepped down with immediate effect.
-
Axis Bank Credit Card Users Impacted By Fraudulent Transactions: Report
Several customers having Axis Bank credit cards have been impacted by fraudulent overseas transactions, a senior official from the third largest private sector lender said today.
-
Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
-
A $21 Billion Indian Banks Stock Rout Signals Heyday May Be Over
The outlook has quickly soured for India's $433 billion banking sector after a rare selloff in HDFC Bank Ltd., the country's biggest private sector lender.
-
RBI Governor Says "Closely" Watching High Attrition At Some Private Banks
RBI Governor Shaktikanta Das on Tuesday said attrition is seen to be high at some private sector banks and that the central bank is watching the issue "closely".
-
RBI Approves Reappointment Of Sandeep Bakhshi As ICICI Bank's CEO For 3 Years
Private sector ICICI Bank on Monday said the RBI has approved the reappointment of Sandeep Bakhshi as Managing Director and CEO of the private lender for three years.
-
RBI Authorises Bandhan Bank For Disbursing Civil Pension
Private sector lender Bandhan Bank on Tuesday said it has been appointed by Reserve Bank of India as an authorised pension disbursement bank on behalf of the Central Pension Accounting Office (CPAO) for the civil pensioners.
-
Kotak Mahindra Bank Clarifies No Communication From RBI On Succession Plan
Private sector lender Kotak Mahindra Bank on Monday said it has not received any communication from the Reserve Bank on the succession of its executive officer (CEO).
-
Axis Bank Q1 Net Profit Rises 40% To Rs 5,797 Crore
Private sector lender Axis Bank on Wednesday posted a 40.5 per cent increase in standalone net profit at Rs 5,797 crore in the April-June quarter, mainly due to decline in bad loans and improvement in interest income.
-
SEBI Orders Jailed Yes Bank Ex-CEO Rana Kapoor to Pay Rs 2.2 Crore
Sebi on Tuesday sent a notice to Yes Bank's former MD and CEO Rana Kapoor, asking him to pay Rs 2.22 crore in a case of mis-selling the private sector lender's AT1 bonds and warned of arrest and attachment of assets as well as bank accounts if he fails to make the payment within 15 days.
-
HDFC Bank Q1 Net Profit Rises 29% To Rs 12,370 Crore
Largest private sector lender HDFC Bank on Monday reported a 29.13 per cent jump in consolidated net profit for the June quarter at Rs 12,370.38 crore.
-
HDFC Bank Onboards Over 1 Lakh Customers, 1.7 Lakh Merchants On Digital Currency Pilot
The largest private sector lender HDFC Bank on Thursday claimed that it has on-boarded over 1 lakh customers and more than 1.7 lakh merchants on the CBDC pilot programme and activated an interoperable UPI QR code with the e-rupee platform.
-
HDFC Bank Records 15.8% Loan Growth In Q1
Private sector lender HDFC Bank on Wednesday said it has registered a 15.8 per cent rise in loans to Rs 16,15,500 crore in the first quarter of current fiscal year.
-
Axis Bank Q4 Results: Net Loss At Rs 5,728 Crore
Private sector lender Axis Bank on Thursday reported a net loss of Rs 5728.42 crore for the March 2023 quarter on account of the acquisition of the retail consumer business of CitiIndia.
