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private sector lender

25 Jun 2017

IDFC Bank elevates Sunil Kakar as MD and CEO for 3 years

Besides, the bank announced that the Board has approved the resignation of veteran banker Vikram Limaye from the post of MD and CEO who is set to join leading stock exchange NSE as its new Managing Director and CEO.

19 Jan 2017

Axis Bank Q3 net profit declines as bad loans rise

India's third larget private lender Aix Bank's net profit fell to 5.80 billion rupees ($85 million) for the three months ended Dec. 31, from 21.75 billion rupees a year earlier.

25 Oct 2016

HDFC Bank Q2 net profit up 20% at Rs 3,455 crore, total income also improves

The bank had earned Rs 2,869.5 crore profit in the same quarter of the last financial year.

private sector lender

10 Apr 2016

Yes Bank raises Rs 545 crore via Basel-III compliant bonds

Private sector lender Yes Bank today said it has raised Rs 545 crore by issuing Basel-III compliant tier-II bonds.

private sector lender

08 Oct 2015

ICICI launches 'mVisa' mobile payment service

The service, which can be used by customers who have installed an app of the bank's mobile wallet 'Pockets', works by scanning QR codes.

21 Jul 2015

HDFC Bank Q1 net jumps 21% to Rs 2,695.72 crore

The bank's had earned a net profit of Rs 2,233.04 crore in the April-June quarter of 2014-15.

private sector lender

28 Jun 2015

Yes Bank plans $1-billion ADR issue next fiscal

Mid-sized private sector lender Yes Bank has said it would prefer raising money through an ADR issue under its USD 1-billion capital infusion plan next fiscal and stressed that the court order in a case involving its promoters will not impact these plans.

private sector lender

31 Mar 2015

ICICI Bank achieves milestone of 4000th branches

Country's largest private sector lender ICICI Bank on Tuesday opened about 50 branches across the country, achieving the milestone of 4000th branches.

Competition Commission

27 Mar 2015

CCI dismisses case against Tamilnad Mercantile Bank

The Competition Commission has dismissed a complaint which alleged that private sector lender Tamilnad Mercantile Bank indulged in unfair business practices while providing banking services.

30 Jun 2014

IndusInd Bank launches tractor and farm equipment division

The bank will also ensure quick processing where the loan will be processed to farmers within four working days.

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