The European Banking Authority's latest stress test reveals the resilience of 64 European banks under severe economic conditions, with strong income generation helping to mitigate ...
RBI deputy governor Swaminathan J warns banks and NBFCs against compromising internal safeguards and regulatory norms for growth, emphasizing the importance of governance and ethic...
IndusInd Bank reports a 72.2% drop in Q1 FY25 net profit to Rs 604.1 crore, attributed to higher provisions and reduced lending profitability, despite a significant rise in other i...
The RBI has extended the term of IndusInd Bank's interim executive committee until August 2025 or until a new CEO is appointed, following the resignation of the previous CEO over a...
Canara Bank reported a 21.6% increase in net profit to Rs 4,752 crore in Q1 FY26, driven by strong advances and improved asset quality, with global business growing 11% YoY to Rs 2...
SBI Chairman CS Setty highlights the pivotal role of the bank's historic listing in 1955 in its growth, revealing the success of its Rs 25,000 crore QIP and the overwhelming invest...
The merger of HDFC and HDFC Bank has slowed down the banking sector's credit growth, with the combined entity's loan growth falling to 5.4% in FY25. Strategic adjustments aim to re...
HDFC Bank and ICICI Bank report impressive Q1 earnings with record profits, despite margin pressures. Both banks show significant growth in interest and non-interest income, with H...
Financial Services Secretary M Nagaraju warns banks to enhance cybersecurity measures against increasing cyber threats, highlighting the 'Code Against Malware' hackathon's role in ...
AU Small Finance Bank announced a 16% increase in Q1 net profit to Rs 581 crore, with total income rising to Rs 5,189 crore. However, gross NPAs increased to 2.47%, and provisions ...
ICICI Bank reports a 15.9% rise in Q1 net profit to Rs 13,558 crore, with NII up by 10.6%. Despite a slight dip in NIM, the bank remains optimistic about asset quality and future g...
An Italian court has lifted key restrictions on UniCredit's takeover bid for Banco BPM, though it upheld the requirement for UniCredit to exit Russia, marking a pivotal moment in t...
SBI is preparing for a landmark share sale to raise Rs 25,000 crore ($2.9 billion), potentially the largest QIP in India's history. Aimed at supporting loan growth and regulatory c...
UniCredit S.p.A. has converted part of its synthetic position in Commerzbank into a 20% physical share ownership, with plans to increase its stake to 29%. This strategic expansion,...
UniCredit reports a 2.8% revenue increase to €6.5 billion in Q1 2025, with net profit up by 8.3% to €2.8 billion. The bank revises its 2025 net profit forecast to €9.3 billion, aim...
Canara Bank successfully mobilized Rs 16,700 crore in 10 weeks through a staff-led deposit campaign, improving its credit-deposit ratio and reducing reliance on bulk deposits.
Union Bank of India reports a 50% surge in Q4 net profit to Rs 4,985 crore, driven by higher non-interest income and lower provisions. However, it warns of margin pressures from ex...
NatWest has achieved a remarkable 20% increase in Q1 income, totaling £3.9 billion, signaling strong performance and strategic growth in challenging times.
ING kicks off the year with a strong Q1 revenue of €3.62 billion, showcasing its financial strength and promising outlook for the upcoming quarters. More details are expected to fo...
Indians are pledging more gold than ever, with outstanding bank loans against gold more than doubling in a year, even as overall bank credit growth slows. This surge is driven by R...
Barclays PLC announces an 11% increase in Q1 total income to £7.7 billion, with profits before and after tax rising by 19% and 16% respectively. The bank attributes this success to...
Barclays PLC announces an 11% increase in Q1 total income to £7.7 billion, with profits before and after tax growing by 19% and 16% respectively. The bank's strong performance is a...
Barclays PLC announces an 11% rise in Q1 total income to £7.7 billion, with significant growth in profits and earnings per share, showcasing strong financial health and strategic r...
Barclays PLC announced an 11% annual rise in total income to £7.7 billion for Q1 2025, with profits before and after tax growing by 19% and 16% respectively. The bank's strong perf...
Barclays PLC announced an 11% rise in Q1 total income to £7.7 billion, with profits before and after tax increasing by 19% and 16% respectively. The bank's strong performance is at...
Credit Agricole reports a 6.6% revenue increase to €7.2B in Q1, showcasing strong financial performance and operational efficiency. Further details and analysis to follow.
Deutsche Bank kicks off 2025 with a 39% surge in Q1 net profit to €2 billion, alongside a 10% rise in net revenues to €8.5 billion, signaling strong financial performance and strat...
The Reserve Bank of India (RBI) has directed banks and ATM operators to increase the availability of Rs 100 and Rs 200 notes in ATMs, setting deadlines for implementation to improv...
Erste Group Bank AG is in talks with Banco Santander SA to acquire a 49% stake in Santander Bank Polska. The deal, still under discussion, would be subject to standard closing cond...
Erste Group Bank AG is in discussions with Banco Santander SA about acquiring a 49% stake in Santander Bank Polska, a deal that could reshape Poland's banking sector but remains un...
European stock markets opened higher as investors prepare for a week packed with corporate earnings, focusing on banking, automotive, and pharmaceutical sectors. Key economic data ...
European stock markets opened higher, with investors eyeing a busy week of earnings from key sectors like banking and automotive, alongside important economic data including GDP an...
