Utkarsh Small Finance Bank has reported losses in two out of the last three quarters. The third quarter of financial year 2025 saw the lender report a net loss of ₹168 crore, a net profit of just ₹3 ...

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch participating in electronic payment ...

The NPA is enhancing trade efficiency through the establishment of Export Processing Terminals (EPTs), designed to simplify and speed up the export process.

According to the CBI investigation, between 2011 and 2013 the company repeatedly enhanced its working capital limit — from Rs 6 crore to Rs 10 crore, then to Rs 20 crore, and eventually to Rs 37 crore ...

The shocking revelation of R2 billion siphoned from Tembisa Hospital exposes a deep-rooted corruption that implicates not only officials but also banks that profit from crime. Tahir Maepa delves into ...

A 2025 Transparency and Integrity Index report has revealed that only six out of 517 Ministries, Departments and Agencies (MDAs) passed the minimum benchmark, leaving 511 trapped in the red zone.The ...

Mumbai: The Enforcement Directorate (ED) conducted searches at eight locations across Nagpur and Bhandara in Maharashtra, and Guntur in Andhra Pradesh, as part of a sprawling money-laundering probe.

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch participating in electronic payment ...

Kotak Mahindra Bank shares ended higher on Tuesday after global brokerage Morgan Stanley initiated coverage on the lender with an ‘Overweight’ rating. It sees an upside of 31% in the banking stock.

Morgan Stanley just gave Kotak Mahindra Bank an "Overweight" rating, setting a target price of ₹2,600 per share. That's about 31% higher than where the stock closed on Monday (₹1,991.60). The bank's ...

Morgan Stanley assigns Kotak Mahindra Bank an ‘Overweight’ rating with a ₹2,600 target, highlighting robust loan diversification, improving spreads and core PPoP growth.

Small Industries Development Bank of India (SIDBI) posts a record net profit of ₹4,811 crore in FY25, up 19.5% from the previous year, reflecting strong growth and operational efficiency.