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RBL Bank Q3 profit jumps 36% to Rs 225 crore on healthy margins and decline in bad loan proportion

RBL Bank had registered a net profit of Rs 165.30 crore in October-December period of the previous financial year

The University of Adelaide in Australia is offering professional courses for flying drones and UAVs

The course is open to members of the public and costs AUD 3,500 (roughly Rs 1,72,031).

Mr FM, if PSU banks don't move their butts, payment banks will steal their lunch

E-wallets are already growing fast, and when payment banks enter the picture, public sector banks will find customers moving their low-cost deposits elsewhere. They are going to face further dents to their profitability.

IndusInd Bank Q3 net up 30% at Rs 347cr

The mid-sized private lender's other income rose 35 percent to Rs 480.27 crore in the October-December quarter as against Rs 355.80 crore in the year-ago period, largely on account of an increase in fee income.

Kotak Mahindra Bank plans to open 600 new branches

Out of the 600 odd branches, 45 percent of them would be in the rural and semi-urban areas.

Banking licence: Tata Sons' pullout points to a missing link in policy

The RBI is evidently trying to push these banks to doing something which others are not finding very attractive.

Crisil lowers Andhra Bank's Tier-I, Tier-II bond ratings to AA

The rating, however, continues to factor in the strong support that Andhra Bank will receive from the Government, and the bank's comfortable capitalization, Crisil said in its report.

Citi's India operations PAT up 78 pc in FY 11

American banking major Citi today reported a 78 per cent jump in its profit after tax from its India operations to Rs 1,859-crore in 2010-11.