Public Sector Banks Boost Dividend Payouts By 33% Following Record Profits
Public sector banks in India raised dividend payouts by 33% to Rs 27,830 crore in FY24, up from Rs 20,964 crore last year, govt data showed.
Digital Payments Industry Set To Lose Rs 500-600 Crore As Government Withdraws Subsidy On Rupay Debit Cards
The digital payments sector is facing significant financial losses of around Rs 500-600 crore after the government decided to withdraw its subsidy support on RuPay debit cards.
Indian Companies See High Retention And Diversity Gains From Returnship Programmes
Several major companies have scaled up their comeback programmes. In the last 10 months, Infosys hired over 800 restarters through its ‘Restart with Infosys’ initiative.
Sensex, Nifty Open Lower As Weak Global Cues Weigh On Markets; IT & Banking Stocks Drag
Indian equity markets opened weak on Tuesday, tracking global trends, with IT, media, and private banking sectors declining in early trade.
IndusInd Bank’s Strong Growth & Stability Highlight Positive Long-Term Prospects
IndusInd Bank maintains strong financial health, supported by a capable management team that is well-prepared to navigate challenges.
Women Borrowers Outpace Men In Loan Growth; Show Stronger Repayment Trends: CRIF Report
Women borrowers in India have surpassed men in terms of growth in active loans, according to a report by CRIF High Mark.
India’s Banking & Financial Sectors Show Robust Growth In FY24: Economic Survey
In its latest Economic Survey released on Monday, the Indian banking and financial sectors demonstrate exceptional performance in fiscal year 2024.
Banking Sector Achieves Decade-High Performance: RBI
As India is soon to become World's third largest Economy, Deputy Governor of RBI claimed that Indian banking sector is undergoing a decade-high performance in financial metrics.
PM Modi: Remarkable Turnaround As Banks’ Profits Cross Rs 3 Lakh Crore
In a historic milestone, India's banking sector achieved a profit of Rs 3 lakh crore for the first time in FY 2023-24.
Public Sector Banks Take Lead in Hiking Interest Rates; Private Banks Lagging Behind
Public Sector Banks Gain Edge Over Private Banks in Interest Rate Hike
