Tag: Banks

New formula proposed for banks dividend payout

‘Dividend’ means dividend payable on equity shares and includes interim dividend. The aggregate dividend should not exceed 75 per cent of profit after tax for the...

RBI Governor warns of uncertain outlook

The year 2025 was challenging as geopolitical conflicts, trade tensions and persistent policy uncertainty had cast a shadow over the global economy and the...

What led to the repo rate cut

The minutes of the fifty-eighth meeting of the Monetary Policy Committee (MPC) of Reserve Bank of India released on Friday offers interesting insights into...

RBI cuts repo rate by 25 basis points

The repo rate is the interest rate at which the RBI lends money to commercial banks for short-term needs. The decision to cut the...

Scaling Up Security – Pushkar Yeshwant Gokhale, Godrej Security Solutions

Industrial Economist (IE): What are your main product plans for 2026? Pushkar Yeshwant Gokhale (PYG): We are expanding our security portfolio with products tailored to...

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...

Will banks become obsolete?

Fintechs have made deep inroads into banking and financial services. There is a feeling that over the next few decades it would make traditional...

A careful plan to balance and march ahead

“We can derive satisfaction from the fact that the Indian economy and the financial sector stand out as strong and resilient in a world...

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US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has...

US Trade court orders tariff refunds: report

"All importers of record whose entries were subject to...