Tag: banking sector

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Banks, NBFCs must improve preventive and detective controls to mitigate cyber risks: RBI

Business GC NewsDesk GC NewsDesk -
Key TakeawaysBanks and NBFCs must continuously improve preventive and detective controls to mitigate cyber risks.The RBI has asked banks and NBFCs to develop robust...

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

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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...

ICICI Bank net profit jumps 14.6 pc to Rs 11,059 crore in Q1

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Key TakeawaysICICI Bank's net profit for Q1 was Rs 11,059 crore, a 14.6% year-on-year increase.Net interest income for ICICI Bank increased by 7.3% year-on-year...

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

Business GC NewsDesk GC NewsDesk -
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...