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HDFC Bank Receives SEBI Warning Over Compliance Lapses HDFC Bank has received a warning letter from SEBI regarding compliance issues with capital-markets regulations, including merchant banking, capital, disclosure requirements, and insider trading. The warning, issued on December 9, led to a slight decline in the bank’s stock. HDFC Bank has committed to addressing the concerns and ensuring future compliance. This regulatory scrutiny highlights the importance of maintaining strict adherence to market rules for major financial institutions.   #Full_Article: https://lnkd.in/dM9rH8EP   📢 Stay updated with more insights: 📰 Newsletter: https://lnkd.in/d8uRSdZA 🔗 Follow on LinkedIn: https://lnkd.in/dKkmyBqh

Askari Bank Limited (PSX: AKBL) has reported a profit-after-tax (PAT) of Rs. 5.9 billion for Q3CY24, a 4.4% increase year-over-year, with earnings per share (EPS) at Rs. 4.13. For the first nine months of CY24, PAT reached Rs. 14.1 billion, down 3.4% from last year. The bank earned Rs. 104.5 billion in interest for Q3CY24, a 17.7% increase YoY. Net interest income was Rs. 18.5 billion, up 17.8% YoY. Non-funded income rose 10.8% YoY to Rs. 11.3 billion. OPEX increased 18.0% YoY to Rs. 8.8 billion, with a cost/income ratio of 39.9%. #AskariBank #FinancialResults #Q3CY24 #ProfitAfterTax #EarningsReport #BankingSector #PakistanEconomy #InterestIncome #EPS #FinancialGrowth #Investors #BusinessNews #StockMarket #PSX #BankingUpdates

Al-Arafah Islami Bank PLC has officially launched the bKash option in its iBanking service. This new feature allows customers to seamlessly transfer funds between their iBanking accounts and bKash, enhancing convenience and accessibility.

Composite Index of top 5 Private Bank nearly all time high Composite Index Include : HDFCBANK + ICICIBANK + KOTAKBANK + AXISBANK + INDUSINDBK + IDFCFIRSTB - That shows smart money shifts towards Private Sector Bank.

Pubali Bank reported a significant 55 percent year-on-year increase in profits for the first six months of this year. According to its unaudited financial statements, the amount was Tk 431.44 crore, compared to Tk 278.27 crore in the same period the previous year. 👉 As a result, the bank's consolidated earnings per share rose to Tk 3.73, up from Tk 2.41 in the same period last year. Additionally, Pubali Bank's net operating cash flow per share saw a substantial turnaround, reaching Tk 17.15 from a negative Tk 2.28. 👉The net asset value (NAV) per share was Tk 44.29. #PubaliBank #BrandTrack #Bangladesh #Markedium

We should teach these banks a lesson by shifting our accounts to IDFC First Bank. Among the few banks in Category A, IDFC First is the only one offering zero-fee services. Why should we stick with banks that charge exorbitant fees when we have a better option? Let's support fair practices by choosing banks that prioritise their customers. IDFC FIRST Bank Do read this latest report on bank charges: https://lnkd.in/ggSt-vbf

Askari Bank Limited (PSX: AKBL) has reported a profit-after-tax (PAT) of Rs. 5.9 billion for Q3CY24, a 4.4% increase year-over-year, with earnings per share (EPS) at Rs. 4.13. For the first nine months of CY24, PAT reached Rs. 14.1 billion, down 3.4% from last year. The bank earned Rs. 104.5 billion in interest for Q3CY24, a 17.7% increase YoY. Net interest income was Rs. 18.5 billion, up 17.8% YoY. Non-funded income rose 10.8% YoY to Rs. 11.3 billion. OPEX increased 18.0% YoY to Rs. 8.8 billion, with a cost/income ratio of 39.9%. I think we should give the remaining (if any) institutions in the askari hands. What are your thoughts on it? #AskariBank #ProfitReport #Q3CY24 #PakistanBanking #FinancialResults

How to File RTI for Public Sector Bank Information | RTIwala Guide Want transparency in public sector banking? Learn how to file an RTI through RTIwala to access details about loan policies, NPA data, governance practices, and more. This guide simplifies the RTI process, empowering you to hold public sector banks accountable. 🎥 Share the knowledge! Spread it to friends and family—find more at https://cc.rti.link/tv now! #RTIwala #PublicSectorBanks #RTIFiling #OnlineRTI #BankingTransparency #FinancialAccountability #NPAData #RTIIndia #GovtBanks #HowToGuide

SEBI's Warning Letter to HDFC Bank - 1. Issuance of Warning Letter - SEBI issued an administrative warning letter to HDFC Bank on December 9, 2024. The bank received the letter on December 11, 2024. 2. Compliance Lapses Highlighted by SEBI - The warning letter identified non-compliance with the following - Merchant Banking Rules. Capital and Disclosure Requirements. Prohibition of Insider Trading Regulations. 3. HDFC Bank's Disclosure - The bank revealed this information in an exchange filing. Specific details about the irregularities were not disclosed. 4. Bank's Response - HDFC Bank stated that it will take necessary steps to address the concerns and directives outlined in SEBI's letter. 5. Capital Markets Connection - The lapses relate to the capital markets domain, as indicated by SEBI. #hdfcbank #Sebi @HDFCBankNews

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