Fino Payments Bank reported a 14% rise in Q4 profit to Rs 25.21 crore, driven by strong revenue growth and increased customer base. The bank also achieved the milestone of 1 crore customers.

Fino Payments Bank reported a 19% rise in net profit to Rs 22.8 crore in the December quarter, with revenue growth of 18% to Rs 370.2 crore. Read more.

Fino Payments Bank is expanding its presence in West Bengal and the North-East, adding more touchpoints for banking services. The bank also applied for a small finance bank license.

The Reserve Bank of India (RBI) has doubled the minimum capital requirement for small finance banks (SFBs) to Rs 200 crore. The move allows Payments Banks to upgrade to SFBs after five years of...

Get the latest business news: Yes Securities appoints new MD, Godrej Capital partners with DBS Bank & Visa, Fino Payments Bank names new chairman, and Kotak Mahindra Bank launches new...

Sebi extends deadline for public comments on proposals aimed at simplifying business processes and reducing compliance burden for listed firms.

MEHAIR, a domestic seaplane operator, has placed an order for up to 50 amphibious aircraft from Mallard Enterprises, aiming to re-launch operations in December 2024.

Indian Overseas Bank reported a 26.60% rise in net profit for Q1 FY25, reaching Rs 633 crore. Total income grew by 21.54%, driven by increased interest and non-interest income. The bank also saw...

CapitaLand India Trust (CLINT) has completed the acquisition of a 0.82 million sq ft office building in Navi Mumbai for Rs 676 crore. The building is fully leased to reputed Indian and...

Economic Survey 2023-24 highlights the rise of retail investor participation in derivatives trading, linking it to 'gambling instincts' and warning of potential risks. The survey emphasizes the...

Sebi extends deadline for public comments on proposals aimed at simplifying business processes and reducing compliance burden for listed firms.

MEHAIR, a domestic seaplane operator, has placed an order for up to 50 amphibious aircraft from Mallard Enterprises, aiming to re-launch operations in December 2024.

Indian Overseas Bank reported a 26.60% rise in net profit for Q1 FY25, reaching Rs 633 crore. Total income grew by 21.54%, driven by increased interest and non-interest income. The bank also saw...

India's Economic Survey 2023-24 suggests governments should relinquish some powers to improve governance, promote economic growth, and enhance public well-being.

CapitaLand India Trust (CLINT) has completed the acquisition of a 0.82 million sq ft office building in Navi Mumbai for Rs 676 crore. The building is fully leased to reputed Indian and...