Latest News for: Private lenders bank

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Banks should be forced to disclose why they debank small businesses, MPs say

This is Money 08 May 2024
It comes as more than 140,000 small businesses have been de-banked by major lenders in the past year, often immediately and with no explanation.
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Banks fortify wealth management while shuttering regular branches

Korea Times 07 May 2024
The lenders plan to fortify premium private banking centers to include customers with assets surpassing 3 billion won. Woori plans to increase the number of private banking centers for customers whose ...
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Turkish banks post $4.8B net profit in 1st quarter

Anadolu Agency 06 May 2024
As of end-March, a total of 61 state/private/foreign lenders – including deposit banks, participation banks, and development and investment banks – were operating in Türkiye.
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Core business growth lifts Chinabank earnings to P5.9B

The Manila Times 06 May 2024
CHINA Banking Corp. (Chinabank), the country's fourth-largest private lender by asset size, reported earning P5.9 billion in the first quarter of 2024, up 18 percent year-on-year, amid the brisk growth of its core businesses.
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RBI may give final nod for stake increase in IndusInd Bank soon: Ashok Hinduja

Live Mint 06 May 2024
IndusInd International Holdings Ltd (IIHL), promoter of IndusInd Bank, said it is likely to receive the Reserve Bank of India's final approval to increase its stake in the private-sector lender over ...
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Kotak Mahindra Bank share price gains over 4% after Q4 results beat estimates. Should you buy, sell or hold the stock?

Live Mint 06 May 2024
Kotak Mahindra Bank share price gained over 4% in early trade on Monday after the private sector lender reported better than expected Q4 results. Kotak Mahindra Bank ... Kotak Mahindra Bank Q4FY24 results.
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RBI curbs to impact Kotak Mahindra's FY25 profit by up to ₹450 crore: CEO

Hindustan Times 05 May 2024
He also emphasised that the financial impact of the RBI's action on the private lender's business was “minimum,” as the central bank had only banned onboarding of new customers by Kotak Mahindra, ...
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Kotak Bank Q4 PAT up 18%, MD says mitigating RBI action is priority

Business Line 04 May 2024
The central bank, on April 24, asked the private sector lender to stop onboarding new customers through online and mobile banking ...
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IDBI Bank Q4 net profit jumps 44% to ₹1,628 crore

Business Line 04 May 2024
Private sector lender IDBI Bank on Saturday reported a 44 per cent jump in net profit at ₹1,628 crore in the ...
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IDBI Bank Q4 net profit jumps 44% to Rs 1,628 cr

Deccan Herald 04 May 2024
Private sector lender IDBI Bank on Saturday reported a 44 per cent jump in net profit at Rs 1,628 crore in the March quarter of financial year 2023-24.</p>.<p> In comparison, the bank had ...
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Kotak Bank's Q4 Net Profit Rises 18 Pc To Rs 4,133 Crore

MENA FN 04 May 2024
(MENAFN - IANS) Mumbai, May 4 (IANS) Mid-sized private sector lender Kotak Mahindra Bank on Saturday reported an 18 per cent increase in net profit to Rs 4,133 crore for the January-March quarter of ... .
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Kotak Bank posts 18% rise in Q4 profit at Rs 4,133 crore

Deccan Herald 04 May 2024
Private sector lender Kotak Mahindra Bank on Saturday reported an 18 per cent growth in standalone net profit at Rs 4,133 crore for the quarter ended March 31, 2024.</p>.<p>In the fourth ...
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Kotak Bank Q4 results: Sees 18% rise in profit at ₹4,133 cr

Hindustan Times 04 May 2024
Private sector lender Kotak Mahindra Bank on Saturday reported an 18 per cent growth in standalone net profit at ₹4,133 crore for the quarter ended March 31, 2024 ... A man walks past the Kotak Mahindra Bank branch in New Delhi, India, September 6, 2017.
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Carlyle Group sells 2% stake worth Rs 1,442 crore in YES Bank via block deal

The Times of India 03 May 2024
... private lender through an entity named CA Basque Investments.
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Deutsche Bank Plans to Double Wealth Business in Five Years After Hiring Push in Asia

Caixin Online 03 May 2024
... five years, tapping growing ties between ultra-rich clans in both regions, the lender’s global private banking head said.

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