Page 14 - Abhijit Lele

Fight for the future: BJP, Congress pull out all stops for Pune seat

The BJP won the seat in 2014 and 2019 with its candidate Girish Bapat emerging victorious

SBI to hire over 15,000 in FY25 to boost operations, expand network

The country's largest lender is also planning to open 300 new branches in the current financial year, as against 139 opened in Financial Year 24

Corporate loan rejig underway to improve margins: Canara Bank MD & CEO

Raju says the bank expects to improve net interest margin (NIM) on completion of this corporate loan rejig

IDBI Bank to increase tech spend to 8-9% of operating expenditure

IDBI Bank has 'immediate plans to invest in digital solutions, analytics, AI', says CEO

Treasury gains, fee income help State Bank of India Q4 net surge 24%

FY24 profit at a new high of Rs 61,067 crore

Canara Bank Q4 result: Net profit increases by 18% to Rs 3,557 cr

Minimal impact expected from RBI's draft project finance norms

RBI's draft project funding norms may create funding challenge: CareEdge

Reducing debt by 20% is seen as positive for demand-based projects, lowering risks from large repayments and refinancing

SMFG invests Rs 1,300 crore in its Indian unit to fuel NBFC growth

First fresh direct equity investment after 100% acquisition

Lok Sabha polls: Getting migrant voters back key for Satara suitors

Shinde says his priorities on getting elected will be to work for setting up an industrial estate and IT park and encourage tourism

Lok Sabha elections: Modi missing, it is Pawar vs Pawar in Baramati

The electoral battle here is shaped by a slew of local factors as well as the ongoing tussle between the two Pawar factions

RBI allows standalone primary dealers to borrow in foreign currency

May access overdraft facilities in nostro accounts solely for operational use

RBI revises banks' capital market exposure norms for T+1 settlement

The limit of 30 per cent for risk is based on the assumption of 20 per cent downward price movement of the equities on T+1

Breaking up of parties has not gone down well with people: Supriya Sule

Sule says: "There is no Modi wave"

L&T Finance plans to increase short term, ECB fundraise in FY25

Company aims for strategic adjustments to benefit from the anticipated softening of interest rates

L&T Finance Q4 results: Net profit up 11%, NIM plus fees stands at 11.15%

As for full financial year FY24, net profit rose by 43 per cent to Rs 2,320 crore as against Rs 1,623 crore on FY23

YES Bank Q4FY24 results: Net Profit more than doubles to Rs 452 cr

YES Bank Q4FY24 results: Bank's non-interest income surge, offsetting NIM decline; witness slippages in unsecured book

RBI lays out norms for voluntary conversion of SFBs into universal banks

AU SFB, a few others seen as contenders for conversion

Bank of Maharashtra Q4 results: Net profit up 45% at Rs 1,218 crore

Public sector lender mulls Rs 7,500 crore equity capital raise

Bajaj Finance Q4 results: Consolidated net up 21% at Rs 3,825 crore

The board of directors of Bajaj Finance has recommended a dividend on equity shares at the rate of Rs 36 per share of face value of Rs two each for the financial year ended March 31, 2024

DCB Bank Q4 results: Net up 9% at Rs 156 cr, board approves Rs 500 cr QIP

The capital adequacy ratio of DCB Bank stood at 16.59 per cent with Tier-I at 14.53 per cent at the end of March 2024