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Banking

New formula proposed for banks dividend payout

ieeditor -
‘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...
Corporate

GROWTH WITH DIGITAL FOCUS

Balachandar Gangadharan -
PUBLIC SECTOR LENDER Indian Bank plans to main­tain its tech investment pace with an IT spend of around Rs 1500 crore in FY26, matching...
Banking

IOB reports record net profit in Q1

Balachandar Gangadharan -
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...
Banking

Less-known local area banks

Industrial Economist -
One bank per state would be the norm. The winds of change will blow away the remaining local area banks. In India, three local area...
Banking

Guide banks to absorb and adopt technology

Industrial Economist -
There is a growing public perception that all NPAs are the result of fraudulent practices. This is not true. Mortality is part of enterprise....

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