CSB Bank reported a marginal profit increase to Rs 138 crore in Q2 FY25. Total income rose, but asset quality deteriorated with NPAs increasing. Read more about the bank's performance.

The Reserve Bank of India has penalized CSB Bank, Union Bank of India, Muthoot Housing Finance, Nido Home Finance, and Ashoka Viniyoga for violating regulatory norms.

CSB Bank's net profit for Q1 FY24 declined by 14% to Rs 113 crore due to an increase in bad loans. Gross NPAs rose to 1.69% of gross advances.

Fairfax Group divested a 9.7% stake in CSB Bank for Rs 595 crore through an open market transaction, reducing its shareholding to 40%.

CSB Bank's net profit for Q4 FY24 declined by 3% to Rs 151 crore, impacted by rising bad loans. Total income rose to Rs 991 crore, while gross NPAs increased to 1.47%.

Rosmerta Digital Services Ltd has filed for insolvency proceedings against Ola Electric Technologies Pvt Ltd, alleging default in payment for services rendered. Ola Electric disputes the claims and...

The Bureau of Indian Standards (BIS) has conducted raids on Amazon and Flipkart warehouses, seizing thousands of uncertified products, including toys, appliances, and more. This comes after...

India's electronics industry is set to become the world's largest manufacturing sector, with Tamil Nadu leading the charge. MeitY Secretary S Krishnan highlighted the state's electronics...

Union Minister Piyush Goyal handed over keys of new homes to 91 slum dwellers displaced by a road project in Borivali West, Mumbai. The minister emphasized fair treatment and rehabilitation for all...

Angel One appoints Rohit Chatter as Chief Data Officer, strengthening its AI-driven innovation and customer-centric financial solutions. Chatter brings expertise from Walmart Global Tech to lead...

Rosmerta Digital Services Ltd has filed for insolvency proceedings against Ola Electric Technologies Pvt Ltd, alleging default in payment for services rendered. Ola Electric disputes the claims and...

The Jammu and Kashmir Assembly has approved over Rs 7,019 crore for five key departments, including mining, industries, public works, labour, and skill development. The grants aim to boost...

Jammu & Kashmir has received over 8,500 applications with investment proposals worth over Rs 1.69 lakh crore and employment proposals for over 6 lakh jobs, according to Deputy Chief...

The Bureau of Indian Standards (BIS) has conducted raids on Amazon and Flipkart warehouses, seizing thousands of uncertified products, including toys, appliances, and more. This comes after...

India's electronics industry is set to become the world's largest manufacturing sector, with Tamil Nadu leading the charge. MeitY Secretary S Krishnan highlighted the state's electronics...