Latest News for: Banking retail

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ICICI Bank Q1 Results Preview: Net profit to rise over 8% YoY on steady loan growth; NIM key monitorable

Live Mint 27 Jul 2024
ICICI Bank Q1 Results Preview ... ICICI Bank Q4 Results ... The bank commands a market cap of ₹8,50,020.53 crore ... The bank will experience some NIM compression owing to an increase in the cost of funds, especially in the retail deposits ... ICICI Bank.
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Experts weigh in on what the massive CrowdStrike tech outage means for Australia

The Daily Mail 27 Jul 2024
Banks, ... Last week a worldwide tech outage threw Australia's banking, retail, travel, broadcasting, hospitality and government sectors into turmoil ... 'Our governments and banks know this,' he wrote.
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RBI has proposed a higher liquidity coverage ratio for retail deposits

Beijing News 26 Jul 2024
After reviewing the LCR framework for banks in India, the RBI decided that banks should assign an additional five percent run-off factor for retail deposits enabled with internet and mobile banking facilities (IMB).
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RBI’s new liquidity coverage guidelines for banks could slow credit growth

Live Mint 26 Jul 2024
Typically, the run-off factor on retail deposits is lower as these are considered stable.Run-offs happen when individuals or businesses withdraw their deposits, which are not anticipated by banks.
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NatWest snaps up 10,000 mortgages from Metro

The Times/The Sunday Times 26 Jul 2024
NatWest has bought a £2.5 billion mortgage portfolio from Metro Bank in a further push by the taxpayer-backed lender to grow its retail business ... banking assets of Sainsbury’s, the supermarket group.
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Banks may be required to assign higher run-off rates on deposits for LCR purposes

Business Line 26 Jul 2024
Banks with a higher proportion of retail deposits enabled with internet and mobile banking (IMB) may have to step up investments in liquid assets such as Government Securities (G-Secs) as RBI may ...
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Businessman Wins Brand New SUV at Access Bank Promo

This Day 26 Jul 2024
Access Bank Plc has ... While congratulating the lucky winner, Senior Retail Advisor, Retail Banking, Access Bank, Robert Giles  expressed the bank’s commitment to rewarding its customers.
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China Bank Savings posts record profit again

Manila Bulletin 26 Jul 2024
CBS China Bank Savings is the retail banking arm of the listed China Banking Corporation ... CBS is committed to providing for the financing needs of the SME sector and retail customers and improving the ...
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Competition Watchdog Warns 4 Banks Over Inaccurate Information

The Epoch Times 26 Jul 2024
The Competition and Markets Authority (CMA) on Thursday wrote to HSBC, Lloyds, TSB, and AIB, about various breaches of the Retail Banking Market Investigation Order 2017.
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QSE sees shakers outnumber movers; M-cap adds QR4.68bn

Gulf-Times 26 Jul 2024
... Bank announce net profit of QR54.13mn in H1-2024.Major shakers in the main bourse included QLM, Baladna, QNB, Ooredoo, QIIB, Inma Holding, Qatar Industrial Manufacturing, Industries Qatar and Milaha.
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NatWest to buy Metro Bank mortgage portfolio after 16% profit fall

RTE 26 Jul 2024
The British bank also said it would buy a portfolio of prime residential mortgages from Metro Bank for £2.4 billion as it looks to build up its retail banking business ... The British bank said this month ...
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NatWest setback as Labour kiboshes

The Daily Mail 26 Jul 2024
The move is a hammer blow to the bank and retail investors, with critics saying it is a missed opportunity to encourage more people to develop long-term saving and investment habits ... NatWest to buy £2.5bn of Metro Bank mortgages as profits dip.
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NatWest operating profit falls by less than expected 16%

The Irish Times 26 Jul 2024
The British bank also said it would buy a portfolio of prime residential mortgages from Metro Bank for £2.4 billion as it looks to build up its retail banking business ... The British bank said this month ...
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Palawan Group of Companies sweeps awards at ABF Fintech and Retail Awards 2024 for championing ...

The Philippine Star 26 Jul 2024
Pawnshop and remittance company Palawan Group of Companies achieved remarkable success at the recent Asian Banking and Finance (ABF) Fintech and Retail Banking Awards ....
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