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The BC Sakhi Yojana empowers over 50,000 women in rural Uttar Pradesh by providing banking correspondent roles, improving doorstep financial access, and promoting self-reliance through employment and digital literacy.

BC Sakhi Yojana Transforms Rural UP; Over 50,000 women trained as banking correspondents

<h2>An improvement in velocity of ICICI Bank's operating profit growth &amp; steady credit cost will bring down volatility in earnings, which has been a key reason for 55% discount in valuation vs. HDFC Bank.&nbsp;</h2>

ICICI Bank share price: Jefferies raise their price target to Rs 780 on ICICI Bank

ICICI Bank delivered strong Q3 FY21 results with a big core PPOP beat (+17.7% YoY), just 1.1% slippage and less than 0.4% in restructuring, leading to almost normalised profitability in Q3 FY21 itself (14% ROE). The retail slippage spike (2x vs FY20) for ICICI Bank was better than expected and corporate slippage of 1% of loans was a big positive surprise, and highlights its improvement in underwriting over the past 3-4 years. ICICI Bank share price today is Rs 616, up Rs 8 or 1.3%.

ICICI Bank Share price - CLSA raises target price to Rs 800 from Rs 675

Yes Bank margin expansion, higher non-interest income and lower opex led to a sharp, 1008 bps, sequential decrease in Cost to income ratio, which improved to 39.2%. With the standstill on NPA recognition, asset quality improved.

Yes Bank Share price I Anand Rathi maintains Sell rating with price target of Rs 14

Yes Bank Share price - Anand Rathi maintains Sell rating with price target of Rs 14

Yes Bank margin expansion, higher non-interest income and lower opex led to a sharp, 1008 bps, sequential decrease in Cost to income ratio, which improved to 39.2%. With the standstill on NPA recognition, asset quality improved. However, Yes Bank’s management disclosed a stressed pipeline of Rs 185 bn, almost twice as much as in Q2 FY21.

Yes Bank Share price: Anand Rathi maintains Sell rating with price target of Rs 14

Q3 FY21 numbers of ICICI Bank were strong with operational results coming in line with expectations. However, asset quality performance and loan growth were encouraging. Net interest income (NII) rose by 16% yoy and 5.8% qoq to Rs 9912 cr, matching expectations. PAT came in at Rs 4940 cr, up 19% yoy and 16% qoq, in line with estimates.

ICICI Bank Share price hits 10% upper circuit: Sharekhan raises target price to Rs 680

ICICI Bank delivered strong Q3 FY21 results with a big core PPOP beat (+17.7% YoY), just 1.1% slippage and less than 0.4% in restructuring, leading to almost normalised profitability in Q3 FY21 itself (14% ROE). The retail slippage spike (2x vs FY20) was better than expected and corporate slippage of 1% of loans was a big positive surprise, and highlights its improvement in underwriting over the past 3-4 years.

ICICI Bank Share price: CLSA raises target price to Rs 800 from Rs 675

Axis Bank operational performance was largely in line with expectations, but PAT slipped, owing to elevated provisions and slower advances growth. However, asset quality improved qoq. The front-loading of provisions on a proforma basis augurs well for the long term. Axis Bank's Net interest income (NII) grew 14% yoy to Rs 7373 cr and was in-line with estimates.

Axis Bank Share price:  In line Q3; prudent provisioning a positive II Sharekhan raises price target to Rs 800

Max group's realty arm Max Estates on Thursday said it has leased 62,500 sq ft of office space to Yes Bank in its commercial project in Noida, Uttar Pradesh.

Yes Bank takes on lease 62,500 sq ft office space in Noida from Max group

The government on Tuesday imposed moratorium on Lakshmi Vilas Bank (LVB) and capped cash withdrawal at Rs 25,000 in a month. The step was taken on the advice of the Reserve Bank in view of the private sector bank's deteriorating financial health.

Moratorium slapped on Lakshmi Vilas Bank, Rs 25,000 cap imposed: What it means for customers 

Lakshminarayanan joins from rating agency Crisil, where he was serving as the chief technology and information officer, HDFC Bank said in a statement, adding that he has also had stints with Kotak Mahindra Bank, Citibank and ABN Amro Bank.

HDFC Bank appoints Ramesh Lakshminarayanan as its new CIO

HDFC Bank Q2 2020 result: India’s largest private lender HDFC Bank on Saturday declared its second quarter results for 2020. As per the exchange filing by the bank, its consolidated net profit has increased by 16 per cent to Rs 7,703 crore in September quarter.

HDFC Bank Q2 2020 result: Net profit rises 16 pct to Rs 7,703 cr

This launch is a part of sustained initiatives the&nbsp;bank has taken to enable the customers to access banking services remotely at their convenience.&nbsp;

IDBI Bank WhatsApp service launched; now check account, request a cheque book and more 24/7  

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Bank Holidays in July 2020:&nbsp;The bank services in India will remain largely unaffected in July, with no major festival falling in the month. Banks in most cities across the country will be functioning all days of the month except for 2nd, 4th Saturday and all Sundays.

Bank Holidays in July 2020: Full list of days when branches will remain closed

Online SBI: Now, you can open State Bank of India account instantly; here is how

The country's largest lender State Bank of India (SBI) on Monday announced it will reduce marginal cost of fund based lending rate (MCLR) by 25 basis points across all tenors from Wednesday.&nbsp;The one year MCLR has been revised to 7 per cent from 7.25 per cent, the bank said in a release.&nbsp;

SBI to cut MCLR by 25 bps across all tenors from Jun 10

There are no major festivals in June. This means that for you, all operations across industries, including Banking, will work smoothly without any off days. However, as per the Reserve Bank of India guidelines, banks remain closed on the second and fourth Saturday and all Sundays of each month.

Bank holidays for June 2020: Full list of days when lenders will remain closed 

Private sector lender Kotak Mahindra Bank (KMB) has slashed the interest rate on savings deposits by a further 0.50 per cent. This means that customers of the bank will get lesser returns on their savings. This is the third cut by the bank in last two months.

Kotak Mahindra Bank savings account interest rates slashed by 0.5 pct