BANKING & FINANCE
Kotak Mahindra Bank Net Rises 29% To ₹4,212 Cr In September Quarter
Private sector lender Kotak Mahindra Bank reported a 29% year-on-year increase in standalone net profit to ₹4,212 crore for the September quarter, compared with ₹3,253 crore in the corresponding period last year. Net interest income (NII) rose 16% to ₹8,459 crore from ₹7,311 crore, while net advances increased 25% to ₹5,77,295 crore from ₹4,62,688 crore. […]
CW Bureau
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Oct 24, 2026
BANKING & FINANCE
Equitas SFB Next Big Leap: Universal Bank Licence Under Its Consideration
Equitas Small Finance Bank (SFB) has begun internal deliberations on applying for a universal banking licence and believes it is technically compliant with the Reserve Bank of India’s (RBI) eligibility norms, though the lender has not set a timeline for filing the application. Speaking during the bank’s Q1 FY27 post-results analyst call, Equitas Small Finance […]
CW Bureau
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Aug 1, 2026
BANKING & FINANCE
Karur Vysya Bank Targets NRI, SME Growth; Sees Margin Pressure Ahead
Karur Vysya Bank (KVB) is stepping up its focus on NRI deposits and small business lending while preparing for pressure on lending yields as competition for quality borrowers intensifies. Speaking during the bank’s post-earnings conference call, Managing Director & CEO B. Ramesh Babu said the lender has begun seeing traction in customised lending products and […]
Sajan C Kumar
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Jul 24, 2026
BANKING & FINANCE
RBI’s Policy Signals Focus On Stability Amid Global Uncertainties: IOB Chief
The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% and maintain a neutral policy stance reflects a balanced and prudent approach aimed at preserving macroeconomic stability amid an uncertain global environment, according to Indian Overseas Bank (IOB). Growth momentum remains resilient Commenting on the RBI’s latest monetary policy decision, Indian […]
CW Bureau
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Jun 6, 2026
