Federal Bank gets RBI nod to enter Bahrain, Kuwait, Singapore

South-based private sector lender Federal Bank has received the regulatory nod to open offices in Bahrain, Kuwait and Singapore, but is awaiting loc

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South Indian Bank Q1 net declines 77.30%

South Indian Bank has posted a decline in its net profit in Q1 of FY19 at ₹23.04 crore against ₹101.47 crore in the corresponding period of the previ

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Nirav Modi scam: PNB, Allahabad Bank boards may decide on further action against EDs, MD

Soon after Central Bureau of Investigation (CBI) filed charge sheet in May pointed involvement of top officials of banks, PNB's board decided to divest two executive directors of all powers.

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HDFC Bank Q1 net up 18 pct at Rs 4,601 crore

HDFC Bank reported an 18.17% year-on-year (Y-o-Y) increase in its net profit for the first quarter of FY2019 at Rs 4,601.44 crore, but missed analysts’ expectations due to an increase in provisions.

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Corporation Bank to raise Rs 2,555 crore by issuing shares to government

Public sector lender Corporation Bank today said its Board has approved plan to raise Rs 2,555 crore by issuing shares to the government.

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