Collaboration using blockchain technology is key to solving a lot of systemic issues in banking sector says IBM's Jitan Chandanani
In the first phase of this network, the banks set up a live network for supply-chain vendors across India to register themselves
Quarterly earnings to drive markets this week; indices may see volatility due to Fed policy meeting, monsoon, say analysts
Quarterly earnings from frontline companies such as HUL, Maruti Suzuki and Kotak Mahindra Bank would set the trend for equity markets
Infosys sets up blockchain trade network with seven lenders including Axis Bank, ICICI, Kotak Mahindra
Infosys on Wednesday said it has set up India Trade Connect, a blockchain-based trade network in India, in partnership with seven lenders
Gross non-performing assets of the bank rose to 3.96% of the gross advances as of September 30
Gross NPAs, as a proportion of advances, deteriorated to 3.96 percent in the first quarter as against 1.85 percent in the same period last fiscal
Total income of the private lender increased to Rs 1,526.19 crore during the quarter under review, up 8.55 percent from Rs 1,405.95 crore a year ago
Private banks have gained in the recent quarters with their increased focus on low-risk retail lending and gains from their investment portfolios.
SBI Chairperson Arundhati Bhattacharya today said they could look at issuing shares with differential voting rights to raise funds to meet the Basel-III capital adequacy norms.
NRI businessman Yusuffali M A has picked up more than two per cent stake in South Indian Bank for an estimated Rs 63 crore in a move to expand his investment portfolio in the financial sector.<br /><br />
ICICI, Karur Vysya and South Indian Bank earn award for managing IT risk.