Latest co news

Regional Rural Banks may see a fourth round of amalgamation; number of banks likely to come down from 43 to 28

By www.thehindubusinessline.com
Published On :: Tue, 05 Nov 2024 08:59:29 +0530

The proposed move is part of the Government’s ‘One State-One RRB’ goal

Money & Banking

PB Fintech reports ₹51 crore profit in Q2, overcoming previous losses

By www.thehindubusinessline.com
Published On :: Tue, 05 Nov 2024 22:07:07 +0530

Although this profit figure is lower than the ₹60 crore recorded in the previous quarter, it marks the fourth consecutive profitable quarter for the company.

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Money & Banking

Bitcoin hits record high, soars above $75000 amid US election results

By www.thehindubusinessline.com
Published On :: Wed, 06 Nov 2024 15:12:06 +0530

Industry experts attribute surge to substantial inflows into exchange-traded funds (ETFs), increased speculation surrounding the election outcomes

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Crypto Currency

Results preview: SBI’s second-quarter net profit may rise 20%

By www.thehindubusinessline.com
Published On :: Fri, 08 Nov 2024 10:34:37 +0530

Axis Capital sees the SBI’s loan growth in at 15 per cent vs 16 per cent in the first quarter

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Money & Banking

SBI Q2 PAT rises 28 per cent to ₹18,331 crore on higher other income

By www.thehindubusinessline.com
Published On :: Fri, 08 Nov 2024 18:56:40 +0530

Higher non-interest income aids PAT growth; NIM moderates q-o-q

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Money & Banking

LIC Q2FY25 results second quarter standalone net profit declined about 4%

By www.thehindubusinessline.com
Published On :: Fri, 08 Nov 2024 20:30:08 +0530

Second quarter standalone net profit declined about 4 per cent year-on-year (y-o-y) to Rs ₹7,621 crore

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Money & Banking

Bitcoin nears $80,000 for first time as Trump’s pro-crypto stance sparks market optimism

By www.thehindubusinessline.com
Published On :: Sun, 10 Nov 2024 15:29:31 +0530

The cryptocurrency climbed as much as 4.3 per cent to an unprecedented $79,771 on Sunday

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Crypto Currency

Bitcoin nears $80k, little progress on crypto regulation in India

By www.thehindubusinessline.com
Published On :: Mon, 11 Nov 2024 10:11:12 +0530

A report by Chainalysis says India leads the world on global adoption index for crypto this year

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Crypto Currency

ICICI Prudential Multi asset completes 22 years

By www.thehindubusinessline.com
Published On :: Mon, 11 Nov 2024 14:51:39 +0530

A lump sum investment of ₹10 lakh at the time of inception in October 31, 2002 will be worth about ₹7.26 crore given compounded annual growth rate of 22 per cent

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Money & Banking

Bitcoin soars above $82,000 as Trump win boosts Crypto prospects

By www.thehindubusinessline.com
Published On :: Mon, 11 Nov 2024 16:40:30 +0530

The largest token climbed as much as 6.1 per cent on Sunday and extended gains to hit an unprecedented $82,300 on November 11

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Crypto Currency

Standard Chartered sets sights on economic hubs to drive affluent client growth

By www.thehindubusinessline.com
Published On :: Mon, 11 Nov 2024 21:01:03 +0530

The strategy is designed to tap into India’s burgeoning wealth market, with the high-net-worth (HNW) client base expected to soar from 0.7 million two years ago to 1.7 million by 2028

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Money & Banking

Delhi Insurance Ombudsman Office clears all complaints of 2023-24

By www.thehindubusinessline.com
Published On :: Mon, 11 Nov 2024 22:15:00 +0530

All 3,443 complaints received in 2023-24 have been disposed, says Sunita Sharma, Insurance Ombudsman

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Money & Banking