Tag: banking industry

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Trump to abolish bank regulators: Reports

Key TakeawaysTrump's transition team is exploring ways to downsize or eliminate key US banking regulatorsFDIC abolition could put deposits at risk and cause panic...

Kotak Mahindra Bank Q2 profit rises 5 pc to Rs 3,342 crore

Key TakeawaysKotak Mahindra Bank reported a 4.79% year-on-year rise in standalone net profit to Rs 3,342 crore for Q2 FY 2024-25.The bank's Net Interest...

Karur Vysya Bank reports 43% jump in Q3 net profit, balance sheet crosses Rs 1 lakh cr

Key TakeawaysKarur Vysya Bank reported a 43% jump in Q3 net profit to Rs 412 crore.The bank's balance sheet crossed Rs 1 lakh crore...

Mysore Silk Cloth Merchants Cooperative Bank registers Rs 1,300 cr annual turnover

Key TakeawaysThe Mysore Silk Cloth Merchants Cooperative Bank has achieved an annual turnover of Rs 1,300 crore.The bank has set expansion plans to open...