State-owned Bank of Maharashtra (BoM) on Friday reported a 45 per cent jump in its net profit to Rs 1,218 crore for the March quarter, helped by a decline in bad loans and a rise in interest income. The Pune-based lender had earned a net profit of Rs 840 crore in the year-ago period.
Adenza is now fully integrated into the exchange operator’s ecosystem, bringing new opportunities for business and a fresh perspective on how fintech fits into
WASHINGTON (Reuters) -The U.S. Federal Reserve said last month it will make significant changes to a sweeping proposal for stricter bank capital requirements known as the "Basel III endgame" in a win for Wall Street banks that have waged an unprecedented campaign to water down the rule. Banks say additional capital is unnecessary and will hurt the economy, and have aggressively lobbied against the project. WHAT IS THE 'BASEL III' ENDGAME?