Banking

PLI schemes attracted over Rs 2.40 lakh crore investment

Indian government launched PLI Schemes for 14 key sectors with an approved financial outlay of Rs 1.91 lakh crore. PLI Schemes have collectively enabled exports...

SBI Funds Management makes softer debut

The shares of India’s largest asset management company, listed at Rs 613.30 on BSE, when compared to Rs 574. The initial public offering comprised of...

Maruti to hike prices

For the past few months, the company has been making continuous efforts to mitigate the cost impact to the extent possible through cost reduction...

RBI holds repo rate at 5.5% amid US tariff shock, ₹ pressures

The RBI’s six-member rate-setting panel met over three days—August 4th, 5th, and 6th—to assess macroeconomic conditions and calibrate its response to the shifting global...

TMB trains focus on RAM & CASA

Currently, the bank’s focus remains on the RAM sectors—Retail, Agriculture, and MSME—while corporate lending is on hold. In parallel, TMB is investing in building...

APY crosses 8 crore enrolments

In the current financial year alone (FY 2025–26), the scheme has added 39 lakh new subscribers, reflecting its continued popularity and outreach. Launched on May...

Indian Bank’s Q1 net up 24% to ₹2,973 cr

The bank’s net profit grew by 24% to ₹2,973 crore when compared with ₹2,403 crore in the year-ago period, supported by higher income and...

HK branch of IOB draws ire

In a regulatory filing with the stock exchanges under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the bank disclosed that HKMA found contraventions...

Gross NPA of PSB drops sharply

Gross NPAs decreased from ₹6.16 lakh crore in March 2021 to ₹2.83 lakh crore by March 2025, reflecting a consistent improvement in asset quality...

IOB reports record net profit in Q1

IOB delivered its best-ever quarterly net profit, sustained strong growth in the retail and agriculture segments, significantly improved asset quality, and maintained a robust...

IOB cuts MCLR by 10 basis points

The decision follows a recent review by the bank’s Asset Liability Management Committee (ALCO), which convened on July 14, said a statement. The revised MCLR...

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PLI schemes attracted over Rs 2.40 lakh crore investment

Indian government launched PLI Schemes for 14 key sectors...

SBI Funds Management makes softer debut

The shares of India’s largest asset management company, listed...

Maruti to hike prices

For the past few months, the company has been...

Commodity prices surged in Q1: TVS Motor

The company partially mitigated the cost increases through price...

TVK government’s maiden budget on 5 August

The Tamil Nadu Legislative Assembly will convene on 5...