These banks need to understand their limitations and balance tradition with new age banking systems, they say
The stock of Federal Bank has picked up momentum to improve the bias and with the RSI indicator indicating a trend reversal
The bank will rely only on in-house customers and also deploy its analytics engine to choose customers in a bid to take care of concerns on book quality
With new strategies in place, the coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank
The proposed governance norms for banks seem to be pushing for a role reversal - make the non-executive directors run the bank and take away the executive powers of the CEO
Federal Bank on Friday said it has received the Reserve Bank of India's approval for the reappointment of Shyam Srinivasan as Managing Director and Chief Executive Officer till September 22, 2021
June quarter results beat expectations, but nearly 12% of its loan book is not in receipt of even one installment
Its net profit for the quarter under review rose to Rs 400.77 crore compared to a net profit of Rs 384.21 crore in Q1FY20
The bank is targeting gold loan growth to touch 35 per cent during FY21 as against 29 per cent in FY20
Moratorium extension and business flow from March may have influenced figures
The stake buy from the state-run IDBI Bank will take Federal Bank's stake in the 12-year-old company to 30%
The FPIs are in advanced talks with an Indian bank to act as a custodian.
Nifty managed to close above 10,000 ahead of weekly expiry and is likely to expire above this important level.
The bank's provision coverage ratio improved to 72.48 per cent at end of March 2020, up from 67.16 per cent in March 2019
A total of 24 companies, including TVS Motor, Lupin, and Federal Bank, are scheduled to announce their March quarter results today
Peers investing indicates other investors' reluctance; banks must conserve capital first before bailing out the private lender
SBI Card, the second largest largest credit card issuer in the country, got listed at 13 per cent discount at Rs 658 on the BSE, against the issue price of Rs 755.
SBI is investing Rs 7,250 crore in the ailing lender. LIC, HDFC, ICICI, Axis and Kotak Mahindra and other investors have also come forward to invest in it
The Union Cabinet on Friday approved a reconstruction plan proposed by the RBI for bailing out fund-starved Yes Bank.
It had posted a PBT of Rs 517.71 crore in quarter ended December 2018 (Q3Fy19)