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Business News/Topic/ Banksnews

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British digital bank Monzos annual profit surges, revenue tops $1.35 billion

British digital bank Monzos annual profit surges, revenue tops $1.35 billion

1 min read . 02 Jun 2025

In the near term, though, MSMEs would feel the pinch as large businesses have delayed payment to small suppliers in many cases as they try and manage cash flows under GST. Photo: (Bloomberg)

Bank loan sanctions to MSMEs for job creation down nearly a third in FY25

3 min read . 02 Jun 2025

Goldman Bankers Roll Up Sleeves and Plead for LBOs to Return

Goldman Bankers Roll Up Sleeves and Plead for LBOs to Return

2 min read . 02 Jun 2025

It is common among investors to compare the interest rates offered by different banks before opening a fixed deposit

FD interest rates: THESE 6 banks offer highest rates on long tenure deposits

1 min read . 02 Jun 2025

Untested Banks Find Demand for Risky AT1 Bonds

Untested Banks Find Demand for Risky AT1 Bonds

2 min read . 01 Jun 2025

As the custodian of these mandatory savings, the EPFO must tackle any subscriber uncertainty over access to them. (Mint)

EPFO reforms: Getting PF dues shouldn’t require special services

3 min read . 27 May 2025

Ex-Goldman Sachs banker gets 2 years in prison for plot to fleece billions from Malaysias 1MDB fund

Ex-Goldman Sachs banker gets 2 years in prison for plot to fleece billions from Malaysias 1MDB fund

2 min read . 30 May 2025

Major NYC Landlord Blames Bankruptcy On High Interest Rates

Major NYC Landlord Blames Bankruptcy On High Interest Rates

2 min read . 29 May 2025

Vi's bank loan hopes hit as AGR relief looks unlikely after SC order.

Sword of Damocles hangs over Vodafone Idea’s bank guarantees

4 min read . 28 May 2025

HDFC Bank, Axis to Kotak Bank: Why did ICICI Sec downgrade these top private lenders? Explained

HDFC Bank, Axis to Kotak: Why did ICICI Sec downgrade these stocks? Explained

3 min read . 27 May 2025

EPFO: Overlap in service periods no longer grounds to deny transfer claims.

Can transfer claims be rejected for overlapping service period? EPFO clarifies

1 min read . 26 May 2025

The seal of the Federal Reserve Board of Governors. Photo: Samuel Corum/Bloomberg

How big banks can profit from bond market angst

3 min read . 26 May 2025

RBI cut bets cap upward move in bond yields post central bank's surplus letdown (Pixabay)

RBI cut bets cap upward move in bond yields post central bank's surplus letdown

1 min read . 26 May 2025

About 16 million PF claims are rejected every year. Some startups say they can help.

Is EPF advisory the next fintech goldmine?

9 min read . 25 May 2025

How best to manage the rupee is a complex question involving various macro variables. (REUTERS)

RBI’s ₹2.7 trillion: Many benefits arise from one big beautiful surplus

3 min read . 26 May 2025

Representative Image

'Oil, RBI surplus, falling inflation: India's recipe for a big comeback'

2 min read . 26 May 2025

The Reserve Bank of India released the foreign exchange (forex) reserves data on Friday, 23 May 2025. (REUTERS)

India's forex reserves drop $4.9 billion to $685.7 billion as of May 16: RBI

2 min read . 25 May 2025

RBI's record dividend payout is driven by foreign exchange gains and increased interest income.

RBI’s ₹2.7 trillion dividend: Key causes and what it means for govt

2 min read . 24 May 2025

SBI was the primary contributor, accounting for over 40% of the cumulative PSU Banks’ earnings in FY25. (Photo: REUTERS)

SBI fuels PSU Banks’ profit surge to record ₹1.78 lakh crore in FY25

2 min read . 23 May 2025

India Pakistan conflict takes a new turn

India to push FATF to put Pakistan under ‘grey list’ - Report

2 min read . 23 May 2025