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FinMin to meet PSB CEOs to review Q1 performance

The New Indian Express Chennai

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August 18, 2025

The Finance Ministry has called a meeting of heads of public sector banks (PSBs) on Wednesday to review the first-quarter financial performance.

- PRESS TRUST OF INDIA @New Delhi

The meeting is scheduled to be chaired by Financial Services Secretary M Nagaraju. The review meeting on August 20 with PSU banks to assess performance of Q1FY26, as per sources. Led by State Bank of India (SBI), PSU banks, cumulatively, logged a record profit of ₹44,218 crore in the first quarter of the current fiscal, with an 11% YoY grow

The New Indian Express Chennai'den DAHA FAZLA HİKAYE

The New Indian Express

The New Indian Express

IndiGo to invest $820 mn in financial services business to acquire aircraft

NDIAS largest airline —-IndiGo — will invest $820 million (₹7,294 cr) in its wholly-owned subsidiary — InterGlobe Aviation Financial Services IFSC Private Limited (IndiGo IFSC) — to acquire aviation assets and enable ownership of aircraft.

time to read

1 min

November 22, 2025

The New Indian Express

Kotak Bank announces 5:1 stock split

THE country’s fourth-largest private sector lender Kotak Mahindra Bank on Friday announced a 5:1 stock split after 15 years.

time to read

1 min

November 22, 2025

The New Indian Express

The New Indian Express

The Book Show Effect

FROM a balcony in Assagao, the morning air carries the mingled scents of wet leaves and coastal sunblock.

time to read

4 mins

November 22, 2025

The New Indian Express

LEX HAS ALWAYS BEEN A FLEX

IT is fashionable to say in India that we did long ago what the West is doing now—though not always with sufficient evidence.

time to read

3 mins

November 22, 2025

The New Indian Express

The New Indian Express

DELECTABLE YET MIDDLING DARK COMEDY

MORALITY. In today's time and age, is there a place for absolutism? Probably why, in a world filled with morally grey people, the ones who manage to err on the side of caution are seen as good people.

time to read

3 mins

November 22, 2025

The New Indian Express

The New Indian Express

ED crackdown on coal mafia, raids 40 locations in J’khand and Bengal

THE Enforcement Directorate (ED) on Friday conducted raids at more than 40 locations across Jharkhand and West Bengal as part of a major push against the coal mafia.

time to read

1 mins

November 22, 2025

The New Indian Express Chennai

Re hits all-time low of 89.61 against USD

THE rupee, the worst among its Asian peers and has hit many lifetime lows this year, tumbled to a new all-time low on Friday, breaching the psychologically sensitive 89-mark for the first time.

time to read

1 mins

November 22, 2025

The New Indian Express

The New Indian Express

Moscow tells Kyiv: Negotiate now or lose more

Russia’s warning comes a day after Trump unveiled a 28-point peace plan that calls on Ukraine to cede territory

time to read

2 mins

November 22, 2025

The New Indian Express

Are tigers trying to reclaim their territory in Karnataka?

THERE has been a sudden spurt in tiger attacks on humans in Bandipur National Park and BRT Wildlife Sanctuaries in Chamrajanagar and Mysore districts of Karnataka.

time to read

3 mins

November 22, 2025

The New Indian Express

The New Indian Express

Oil refiners’ operating profit set to rise by 50% to $18-20/barrel

OIL marketing companies’ (OMCs) operating profit is likely to surge more than 50% to $18-20 a barrel this fiscal from $12 last fiscal on the back of stronger marketing margins due to stable retail prices and favourable crude oil dynamics.

time to read

1 min

November 22, 2025

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