Thu, Oct 17, 2024
Meanwhile, the company has reported a 21 per cent rise in the net profit for Q2FY25. Net profit of the company increased from Rs 2646 crore to Rs 3209 crore for the September quarter (YoY).
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Tue, Jul 09, 2024
India experiences a 33% year-on-year increase in diversity hiring in June, driven by the BFSI and IT sectors, with Delhi, Mumbai, and Bengaluru as prominent hiring hubs.
Wed, Feb 21, 2024
From enhancing customer experiences through personalized services to mitigating risks with advanced predictive analytics, AI's imprint on banking is multifaceted.
Fri, Oct 14, 2016
Infosys shares slumped 2.57 percent on the Bombay Stock Exchange in morning trade as a sluggish global economy hits India`s outsourcing industry hard with companies inclined to think twice before rushing to sign contracts.
Analysts expected India's IT sector to report growth but flagged banking & financial services (BFSI) vertical as the weakest link. The fears have come true.
Mon, Oct 10, 2016
"Of the 175 bps (1.75 per cent) cut that the Reserve Bank (RBI) has done, we as a bank have passed on 95 bps (0.95 per cent). More will get passed on in the near term rather than in the longer term," Bhattacharya said in an interview to CNBC TV18.
Thu, Oct 06, 2016
RBI said that a payment bank must adhere to a minimum capital requirment of 15%, minimum Tier 1 and Tier 2 capital of 7.5%, each. It further set a large exposure limit of 5% to a scheduled commercial bank. The bank said, "PBs will not be permitted to undertake any para-banking activity except those allowed as per the Licensing Guidelines and the related FAQs issued."
Sat, May 28, 2016
The banking sector still remains largely male-dominated and even this year the hiring trend is likely to continue being in the favour of men, an 'India Skill Report 2016', says.
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