Banking Sector

However, the Joint Forum, which represents a tiny but substantial section of the workforce, has decided to proceed with its strike plans.

This new approval comes on top of the ₹5,000 Crore already raised earlier in the financial year 2024-25.

According to BSE block deal data, UBS Group's unit, UBS Principal Capital Asia, bought 30.72 lakh shares of Mumbai-based HDFC Bank.

Shri C S Setty, Chairman of SBI, emphasised the increased participation and diversity of bids, demonstrating investors' trust in the bank.

Gross non-performing assets (NPAs) ratio fell considerably, with the lender lowering its FY25 gross NPA projection to 4% from 5% previously.

Tata Power Solar & Bank of India partner to provide affordable financing to accelerate installation of Rooftop Solar and EV Charging Stations.

AU Small Finance Bank's pre-provisioning operating profit (PPoP) increased by 81% year on year to ₹988 Crore, up from ₹546 Crore in Q1 FY24.

Paytm Payments Bank (PPBL) restrictions by RBI impacting business significantly.

SBI stated that the profits from the bonds will be used to increase long-term resources for funding infrastructure and affordable housing.

Bank of Baroda reported a 2.3% increase in net profit for the fourth quarter of FY24. The bank achieved a net profit of ₹4,886.5 Crore.