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DCB Bank sees significant jump in foreign remittance services on coronavirus pandemic
Business

DCB Bank sees significant jump in foreign remittance services on coronavirus pandemic

DCB Bank has witnessed a significant jump in its foreign remittance services on the coronavirus outbreak, specially for education purposes, as parents want to ensure their children abroad have sufficient money to sustain themselves in the situation of a lockdown

Whistleblowers open a Pandora’s box in Infosys, is the worst over for FMCG sector; all this and more on Moneycontrol Pro
Business

Whistleblowers open a Pandora’s box in Infosys, is the worst over for FMCG sector; all this and more on Moneycontrol Pro

A few anonymous employees of Infosys have accused its CEO Salil Parekh and CFO Nilanjan Roy of unethical practices for many quarters.

DCB Bank shares plunge 17% after private lender's bad loans rise in June quarter
Business

DCB Bank shares plunge 17% after private lender's bad loans rise in June quarter

Shares of DCB Bank plunged 14 percent on Wednesday after the company witnessed a rise in its bad loan proportion during the quarter ended June

40 stocks hit 52-week highs on BSE, 87 others hit one-year lows; domestic equities cheer exit poll results
Business

40 stocks hit 52-week highs on BSE, 87 others hit one-year lows; domestic equities cheer exit poll results

Some of the stocks that touched 52-week highs include Bajaj Finance, DCB Bank, Federal Bank, HDFC Bank, ICICI Bank, SRF, Titan, Kotak Mahindra and PVR

DCB Bank net profit rises 50% to Rs 96 crore in March quarter on healthy core income and restricted bad assets
Business

DCB Bank net profit rises 50% to Rs 96 crore in March quarter on healthy core income and restricted bad assets

DCB Bank's net profit was Rs 64 crore in the corresponding January-March quarter of 2017-18

Frauds cost Rs 18,170 cr in 12,553 cases to banking sector in FY17: Advisory firm report
Business

Frauds cost Rs 18,170 cr in 12,553 cases to banking sector in FY17: Advisory firm report

In terms of the quantum, Punjab National Bank (PNB) had reported the highest amount of frauds at Rs 2,810 crore in the last financial year, followed by Bank of India at Rs 2,770 crore, State Bank of India at Rs 2,420 crore and Bank of Maharashtra at Rs 2,041 crore

Only 12 banks score 'high' in rendering best customer services
Business

Only 12 banks score 'high' in rendering best customer services

BCSBI is an independent body set up by the RBI. It's objectives are to promote good banking practises, setting minimum standards, increasing transparency, achieving higher operating standards and promoting a cordial banker-customer relationship

Punters think DCB, Karnataka, LVB, City Union Bank may be next M&A targets
Data

Punters think DCB, Karnataka, LVB, City Union Bank may be next M&A targets

The quick run-up in some private bank shares suggests that some of them may be in line for a takeover in the wake of the Kotak Mahindra-ING Vysya Bank merger