Category : Search result: bank profit decline


4 Bank Holidays Next Week: Check State-Wise List

Banks will be closed for four days next week from 8-14 Dec 2025, but only in specific states. Check the full list of holidays for SBI, PNB, HDFC, ICICI and online banking options.

TSX Falls 0.5%, Canada Adds 53,600 Jobs in November

Canada's main stock index retreated from a record high, closing down 0.5% at 31,311.41. However, strong jobs data showing 53,600 new positions in November boosted economic optimism. Read the full analysis.

RBI Grants In-Principle SFB Approval to Fino Payments Bank

The Reserve Bank of India has given in-principle approval for Fino Payments Bank to transition into a small finance bank. This marks a major milestone for the 18-year-old company. Read more about the implications and Fino's unique strategy.

Yes Bank, Union Bank Enter Nifty Bank Index

Yes Bank and Union Bank of India set to join NSE's Nifty Bank index, expanding it to 14 stocks. New SEBI rules trigger $670M outflows from HDFC, ICICI Bank. Read the full analysis.

PNB LBO 2025 Application Deadline Today

Punjab National Bank closes applications for 750 Local Bank Officer posts today. Check eligibility, pay scale, and how to apply online at pnb.bank.in before the deadline.

India's Mega PSB Merger Plan: Balancing Scale and Risk

India plans new public sector bank mergers to create global-sized lenders. While aiming to fund major projects, the move raises concerns over heightened systemic risk and concentration. Can India achieve scale without amplifying vulnerabilities?

Bank Holidays: December 1-7 Closure Schedule

Banks in Itanagar, Kohima, and Panaji will remain closed next week for state holidays. Check complete December 2025 bank holiday calendar and available online services.

Banks Open Today: November 29, 2025 Status

Banks remain operational across India on November 29, 2025, being the fifth Saturday. Check regional exceptions in Arunachal Pradesh and Nagaland. Plan your banking activities accordingly.

PSU Bank Stocks Surge 30% in 2025, SBI at All-Time High

Public sector banks stage strong comeback with Nifty PSU Bank index surging 1.8%. Indian Bank leads with 65% returns as SBI crosses ₹9 lakh crore market cap. Discover the driving factors behind this impressive rally.

Indian Stock Market Falls for Second Straight Session

Indian stock markets declined for second consecutive day with Sensex falling 331 points. Sectoral weakness and global uncertainties drove profit-taking. Key stocks to watch include Dr Reddy's, HUDCO, and GAIL India.

Groww Q2 Profit Rises 12% as Revenue Declines

Groww reports 12.18% YoY profit growth to ₹471 crore in Q2 FY26 despite 9.4% revenue drop. First earnings after strong BSE debut shows mixed performance for trading platform.

Market Rally Ends, PSU Banks Defy Trend

Indian equities halted their six-session winning streak on November 18. Discover why PSU Bank stocks emerged as the sole gainers and what experts forecast for the sector's near-term trajectory.

Sheetal Tejwani's Rs 60.7 Cr Bank Fraud Exposed

Sheetal Tejwani, accused in Pune's Rs 300 Cr land deal, previously defrauded Seva Vikas Bank of Rs 60.7 Cr using fake documents including scooter plate for Mercedes loan. Read shocking details.

Bank Unions Oppose FM's Privatisation Remarks

Indian banking unions strongly oppose FM Nirmala Sitharaman's privatisation remarks, demand strengthening of public sector banks instead. Latest updates on the banking sector debate.

Novo Nordisk Profit Drops 27%, Cuts 9,000 Jobs

Danish pharmaceutical giant Novo Nordisk faces turbulent times as Q3 profits drop 27% despite Ozempic's success. The company announces massive restructuring with 9,000 job cuts worldwide. Get the inside story on what's happening behind the scenes.

PSU Banks Record ₹49,456 Cr Profit in Q2

India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.

NSE Q2 Profit Falls 33% to ₹2,098 Crore

National Stock Exchange reports significant 33% drop in net profit and 18% revenue decline in Q2 FY24 due to substantial one-time provision. Key financial metrics and performance analysis.

SBI Q2 Profit Soars 15% to ₹21,492 Crore

State Bank of India delivers stellar Q2 FY2026 performance with 15% profit surge, robust NII growth at ₹51,430 crore, and improved asset quality. Key highlights on NIM, CASA, and provisioning.

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