Operating profit for FY25 grew by 17 per cent YoY to ₹16,412 crore. Bank of India's net interest income (NII) for FY25 increased by 6 per cent YoY, while domestic NIM for FY25 stood at 3.10 per ...

Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...

Sa-Dhan has signed a Memorandum of Understanding (MoU) with Bank of India (BoI) to expand financial access for small, micro, and women-led enterprises. The two entities will collaborate to achieve ...

The Reserve Bank of India significantly reduced its gold repatriation in the second half of fiscal year 2025, bringing home only 1.53 tonnes compared to 102.15 tonnes in the previous six months.

The Reserve Bank of India (RBI) has been aggressively buying gold for the last few years. Analysis of World Gold Council data shows that the percentage of gold in India’s total foreign exchange ...

Currently, State Bank of India (SBI) and other lenders hold 33% in Yes Bank. Also Read | Sumitomo gets RBI nod to pick 51% in Yes Bank “RBI has given SMBC the go-ahead for acquiring a majority ...

This move will make SMBC the largest shareholder in Yes Bank and marks a major foreign investment in India’s banking sector. State Bank of India (SBI) and seven other lenders, which had collectively ...

Union Bank of India's Regional Office, Ranchi successfully organized MSME/CASA Outreach Camp on 29-04-2025 at Hotel Maple Wood. Eminent entrepreneurs of the city and respected customers of the ...

Mumbai Police has so far arrested eight persons in the ₹122 crore New India Co-operative Bank embezzlement case. A delegation met the branch manager and submitted a detailed memorandum outlining ...

Union Bank of India decided to buy 200,000 copies of the book India@100 by former chief economic adviser Krishnamurthy Subramanian and the former executive director of India to the International ...

Sumitomo Mitsui Banking Corporation (SMBC) will acquire a 20% stake in Yes Bank for Rs 13,482 crore at a price of Rs 21.50 per share from multiple banks. As per the share purchase agreement ...

India central bank gives Emirates NBD 'in-principle' nod to set up local unit The Reserve Bank of India has given "in-principle" approval to Emirates NBD Bank PJSC to set up a wholly owned unit in ...