The Nifty PSU Bank index concluded the year with a gain of 14.48%. Among the top performers, State Bank of India (SBI) led ...

The merged bank also would be a mutual institution, and would keep the name of Reading Cooperative Bank. The current Reading president and CEO, Julieann Thurlow, would serve as CEO. Wakefield ...

Florida bank SouthState has completed its acquisition of Texas-based Independent Bank Group for around $2 billion in stock.

SouthState closed its acquisition of Independent Bank Group through the merger of Independent Financial with and into ...

SouthState Corporation recently finalized its merger with Independent Bank Group, Inc., marking a significant milestone for the financial industry. The merger, completed on January 1, 2025, involved ...

Independent Bank Group, Inc. (NASDAQ: IBTX) filed an 8-K form with the Securities and Exchange Commission (SEC) signaling the ...

Advances to medium industry rose by 20 per cent in November 2024, as against 12 per cent a year-ago, the RBI data showed.

Banks’ credit increased by 11.8% year-on-year last month, slower than the 16.5% rise in November 2023, excluding the impact of HDFC Bank’s merger with its parent Housing Development Finance Corp, ...

Apart from these, In October 2024, the Reserve Bank of India (RBI) took a firm stand by directing Asirvad Micro Finance ...

Public sector banks in India are witnessing a sharp decline in their workforce. Recent data from the Reserve Bank of India ...

Between FY17 and FY24, public sector banks lost more than 100,000 employees even as staff across the country's banking sector ...

This move is part of the company's efforts to simplify its operations. Mergers and Economic Interests Remain Intact The restructuring process, which took effect on December 18, 2024, does not involve ...