YES Bank Q3: Net interest income (NII), the difference between interest earned and interest expended, jumped by 140.5 per cent to Rs 2,560 crore compared to Rs 1,065 crore in Q3 FY20

Stock of SBI Cards & Payments opened with a gain of 2.74% at Rs 1,006 and touched day's high of Rs 1,026 in the early session, rising 4.78%. The stock also touched day's low of Rs 979 against the last close of Rs 979.15.

SBI Cards & Payments had earlier seen its gross NPAs doubling to 4.29 per cent in the second quarter (July-Sept) of 2020-21. The gross NPAs stand at 1.61 per cent of gross advances in December 2020 as against 0.83 per cent a year ago

Misdirected stimulus that relies heavily on liquidity infusion when demand is depressed and incentivising loan defaults by routinely writing off NPAs threaten financial stability and economic recovery

Federal Bank Q3 results: The provisions (other than tax) and contingencies surged by 161 per cent to Rs 421 crore, from Rs 161 crore in the year-ago period

Ahead of the IPO, IRFC had raised Rs 1,398.63 crores from 31 anchor investors. IRFC is issuing shares at a price band of Rs 25 to Rs 26

DHFL was the first finance company to be referred to NCLT for insolvency proceedings. Before that, the company's board was superseded and R Subramaniakumar was appointed as the administrator

Piramal Enterprises' bid received 94 per cent votes as compared to 45 per cent for the US-based Oaktree Capital

Despite continuous and comprehensive attention to industry, its contribution to income (GDP) and employment didn't touch 25% and 14%, respectively. It is time to give equal, if not more, attention to services and agriculture that consistently contribute the most to income and employment, respectively

How the FM can make it a 'never before' Budget. Top experts weigh in

Share of Kotak Mahindra Bank rose 1.3% to Rs 2,026.55, its all-time high against its previous close of Rs 2,000 on BSE

Indian Banking Sector 2019-20: The credit off-take from the industry declined marginally while agri, services and retail were in positive territory in 2019-20

The reason being lifting of the loan moratorium, closure of restructuring window soon and the possible lifting of asset quality standstill, which actually saved the banks so far from higher provisioning because of COVID-19 relief

The six large PSBs have just seen consolidation. While the integration of IT infrastructure, people and branches will be a big headache, the market will be looking at synergies and gains

ICRA expects net non-performing assets (NNPAs) of the banks declining to 2.5 per cent by March 2022 from estimated 3.1 per cent as of March 2021 and 3 per cent for March 2020

Despite the pandemic, the lockdown and the consequent damage done to the economy, there are quick signs of recovery, Financial Services Secretary Debasish Panda said

Financial Services Secretary Debasish Panda said the work is in progress and the DFI should become a reality soon, may be by the end of the current financial year or early next year

RBI Governor Shaktikanta Das has been advising banks to proactively raise capital and not wait for a difficult situation to arise due to the ongoing COVID-19 crisis

SBI stock touched an intraday high of Rs 259, rising 4.94% on BSE.

Now, the bidders will have an option to either submit a fresh bid or continue with November 17 bid. Additionally, DHFL's creditors have also given the freedom to bid either for a portion of the loan book or for the entire portfolio