Loan-related complaints up 43% in FY24, says RBI report
Complaints against banks and NBFCs represented 82.28 per cent and 14.53 per cent of the total complaints, respectively. MUMBAI: Consumer complaints related to loans and advances accounted for the largest share among grievances against entities regulated by the RBI, rising 43%, according to the annual report of the Reserve Bank’s
Yes Bank Q3FY25 net profit rises 164% to Rs 612 crore
MUMBAI: Yes Bank reported a net profit of Rs. 612 crore for the quarter ended Dec 31, 2024, marking a 164.5% increase from Rs. 231 crore in the same period last year and a 10.7% rise from the previous quarter.The bank’s net interest income (NII) grew 10.2% year-on-year to Rs.
ICICI Bank Q3 net profit up 15% to Rs 11k crore
MUMBAI: ICICI Bank reported a 14.8% year-on-year rise in profit after tax to Rs 11,792 crore for quarter ended Dec 31, 2024, compared to Rs 10,272 crore in Q3-2024. Sequentially, profit increased 1.8% from Rs 11,585 crore in Q2-2025. The growth was driven by higher net interest income and fee
38 Injured After ‘Unexpected Aircraft Movement’ on a United Flight
Thirty-eight people were injured on a United Airlines flight that was headed this week to Washington, D.C., from Lagos, Nigeria, officials in Nigeria said, after the plane experienced what the airline described as “a technical issue and an unexpected aircraft movement.” Six people were treated at a hospital for their
UBS to double its GCC footprint in Hyderabad with additional 1,800 jobs
HYDERABAD: Swiss banking giant UBS is doubling its global capability centre (GCC) footprint in Hyderabad with plans to create another 1,800 new jobs over the next two years.The expansion will mainly focus on beefing up UBS’s finance and operations functions by leveraging the quality talent pool available in the city,
Crafting a Haggis for American Tastes (and Import Restrictions)
When Scottish Americans and Scottish expats sit down on Saturday night to celebrate the birthday of the 18th-century poet Robert Burns, the traditional haggis will probably not be up to purist standards. Haggis, the savory Scottish dish of boiled sheep innards, oatmeal and spices, can be a real haggis, many
Financial Advice on Social Media Is Growing. And Risky.
Amy Ryan was panicking about her savings when she went online for advice. It was April 2020, and the stock market had plunged, draining a nest egg that she had built up over the years. Ms. Ryan, a 43-year-old sales engineer from Wales, had dumped her portfolio in the crash
Should Sports be a College Major? Some, including Nike, Say Yes
For decades, a small but passionate group of academics has offered a potential balm for the fraught relationship between athletics and education at major universities: Allow students to major in sports. One such educator is David Hollander, a clinical professor at New York University’s School of Professional Studies. He has
The Cheat Sheet on Trump’s First Week
During his first week in office, President Trump issued a barrage of executive orders, signing sweeping directives on immigration, D.E.I., energy policy, trade, TikTok and more. The blizzard of activity — some of which is bound to be challenged in court — was overwhelming. Here’s our cheat sheet. Tariffs and
The Surveillance Tools That Could Power Trump’s Immigration Crackdown
Apps and ankle monitors that track asylum seekers in real time wherever they go. Databases packed with personal information like fingerprints and faces. Investigative tools that can break into locked phones and search through gigabytes of emails, text messages and other files. These are pieces of a technology arsenal available