banking and finance
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Baskar Babu Re-Appointed as Suryoday Bank’s Chief for 3 Years
Reserve Bank of India (RBI) has approved the reappointment of Baskar Babu Ramachandran as the MD & CEO of Suryoday Small Finance bank for three years effective from 23rd January 2023. The founder of the bank, Baskar Babu Ramachandran sold...
Published On December 28th, 2022 -
Indian Bank rolls out a bouquet of Digital products as part of “Project WAVE”
PSU lender Indian Bank has launched several digital initiatives under “Project WAVE” in a bid to enhance the customer experience through integrated services on its digital platform. Six digital initiatives were launched by the SL Jain, MD and CEO, Indian...
Published On October 28th, 2022 -
Public Sector Banks doubled their Net Profit to almost Rs 66,500 crore in FY22
Public sector banks (PSBs) more than quadrupled their net profit in the fiscal year 2021-2022. During the financial year 2021-22, the aggregate profit of 12 state-owned banks was Rs 66,539 crore, up 110 percent from Rs 31,816 crore in the...
Published On May 31st, 2022