Page 2 - Banking

TCS expects retail, manufacturing revival after banking recovery, says CFO

Retail and manufacturing are the second- and fourth- largest revenue contributors to the $29 billion behemoth

Argentina's Milei scores win with $1 bn repurchase deal from five top banks

Argentina's sovereign bonds climbed on Friday's announcement. Benchmark notes due in 2035 touched a session high before paring gains

India's investment banking fees reach $1.3 bn in 2024, Kotak Mahindra leads

Kotak Mahindra Bank took the top position for overall investment banking fee ranking in India with a total of US$92.8 million, accounting for 7.2% wallet share of India's investment banking fee pool

Banks urge RBI to inject liquidity via foreign-exchange swaps amid crunch

The higher financing costs are posing a challenge for the RBI to support an economy that's witnessing a slowdown in manufacturing activities

Karur Vysya Bank's Q3 FY25 business rises 15% to Rs 1.82 trillion

The lender's advances increased by 13.96 per cent Y-o-Y to Rs 82,842 crore, while deposits grew by 15.75 per cent Y-o-Y to Rs 99,155 crore as of the end of December 2024

Citigroup, BofA join US lenders in exiting Net-Zero Banking Alliance

They follow Wells Fargo and Goldman Sachs, which both left the alliance earlier this month

Indian banks' gross bad loan ratio may edge up by March 2026: RBI report

The bad loan ratio could rise to 5 per cent and 5.3 per cent under two separate high-risk scenarios

Mutual funds increase exposure to banking, IT stocks amid outperformance

Compared to a 6.5 per cent fall in the Nifty 50 during the October-November period, the Nifty IT index rose 2.9 per cent, and the Nifty Bank index declined 1.7 per cent

Banking liquidity deficit hits highest in 6 months on advance tax payments

Indian companies' advance tax payments, which come due in the last month of each quarter, are adding to the liquidity strain

Barclays reaches $19.5 mn settlement over $17.7 bn debt sale blunder

A preliminary settlement of the proposed class action was filed on Tuesday in Manhattan federal court

Bill to push banking reforms, strengthen governance gets Lok Sabha nod

Proposes up to 4 successive nominations by bank a/c holders

'Har Ghar Lakhpati': State Bank of India's new mantra for deposit accretion

Country's largest lender ups the ante for resources with two new schemes set to launch this month

Govt to revamp infrastructure lender IFCI by shutting its lending ops

The government plans to infuse Rs 500 crore into IFCI this year

Beating insurance mis-selling by banks: Use e-banking, reduce branch visits

Echoing her views, Debasish Panda, chairman of the Insurance Regulatory and Development Authority of India (IRDAI), also underscored growing concerns regarding banks mis-selling insurance products

Guru Nanak Jayanti 2024: Are banks closed on Friday, November 15?

Guru Nanak Jayanti bank holiday 2024: Banks will remain shut in several states on Friday, November 15, 2024, due to Guru Nanak Jayanti and Karthika Purnima. Check the state-wise list here

IndusInd keeps 'buy' tag after disappointing Q2 results' bring down stock

Most analysts expect the bank to return to stronger margins and optimise lending portfolio

Panel Discussion: Public markets puzzle for PE

Panel Discussion: Too many challenges in General Insurance sector

Address & Fireside chat with Dr V.Anantha Nageswaran, CEA, Govt of India

Fireside Chat KV Kamath, Independent Director and Non Executive Chairman, Jio Financial Services