Updated : 3 weeks, 4 days ago IST
Singapore, Aug 28 (ANI): Moody's Investors Service on Wednesday downgraded Yes Bank Ltd's long-term foreign-currency issuer rating to Ba3 from Ba1.
Updated : 1 month, 3 weeks ago IST
Mumbai (Maharashtra) [India], Aug 2 (ANI): State Bank of India (SBI) was back in the black on Friday as it reported a net profit of Rs 2,312 crore for the April to June quarter of 2019-20 (Q1 FY20) due to healthy growth in advances and stable asset quality.
Mumbai (Maharashtra) [India], July 27 (ANI): Private sector lender ICICI Bank said on Saturday its profit in June quarter (Q1) stood at Rs 1,908 crore against a loss of Rs 120 crore in the year-on period due to healthy net interest income and improved asset quality.
Updated : 2 months ago IST
Mumbai (Maharashtra) [India], July 24 (ANI): State-owned Canara Bank said on Wednesday its net profit in the April to June quarter rose 17 per cent year-on-year to Rs 329 crore due to improved asset quality and lower provisions.
Kolkata (West Bengal) [India], July 22 (ANI): Bandhan Bank has reported a net profit of Rs 701 crore during April to June, up 45 per cent from Rs 482 crore in the corresponding quarter of the previous year.
Mumbai (Maharashtra) [India], July 22 (ANI): Oriental Bank of Commerce (OBC) on Monday reported a net profit of Rs 112.7 crore during the first quarter (April to June) of 2019-20 due to better asset quality and fewer provisions.
Updated : 3 months, 3 weeks ago IST
Singapore, June 2 (ANI): Fitch Ratings believes that the Indian banking sector is still struggling with poor asset quality and weak core capitalisation.
Updated : 1 year, 8 months ago IST
New Delhi [India], Jan 10 (ANI India's Gross Domestic Product (GDP) is expected to grow by 6.7 percent in FY 2017-18 and will pick up to 7.3 percent in 2018-19, and to 7.5 percent a year in the medium term, a report released by the World Bank on Wednesday stated.
Updated : 1 year, 10 months ago IST
New Delhi [India], Oct 30 (ANI): The market on Monday witnessed a rally in the Midcap and Smallcap indices by more than one percent, though equity benchmarks ended at fresh record closing high.
Updated : 2 years, 5 months ago IST
New Delhi [India], Apr. 13 (ANI): Based on an analysis of the asset quality of the Indian banking sector conducted by credit-rating body ICRA, it can be observed that although the fresh non-performing asset (NPA) generation rate continues to show signs of moderation, declining asset quality
Updated : 2 years, 7 months ago IST
New Delhi [India], Feb 16 (ANI): Credit rating agency ICRA on Thursday revised its portfolio growth outlook for FY2017 to 17 to 19 percent vis-a- vis the previous estimate of 19 to 22 percent as retail credit off-take has been impacted post demonetization.
Updated : 2 years, 8 months ago IST
New Delhi [India], Jan 25 (ANI): Largest private sector lenders Kotak Mahindra Bank on Wednesday announced its profit on standalone basis up by 38.6 percent year-on-year to Rs. 880 crore in October-December quarter.