Mumbai (Maharashtra) [India], Jan 14 (ANI): Private sector lender IndusInd Bank on Tuesday reported 33 per cent jump in its net profit for the October to December quarter (Q3 FY20) at Rs 1,309 crore as against Rs 985 crore in the corresponding quarter of the previous year.
Mumbai (Maharashtra) [India], Jan 6 (ANI): The newly-formed Maharashtra government's announcement to waive off loans up to Rs 2 lakh for farmers with a cut-off date of September 30, 2019 and providing relief to non-defaulting farmers who have a loan above Rs 2 lakh can cost at between Rs 45,
Mumbai (Maharashtra) [India], Dec 26 (ANI): Brickwork Ratings has downgraded the rating of Yes Bank's various long-term bond issues worth Rs 1,330 crore as India's fourth largest private sector lender grapples with the overhang of stressed assets.
New Delhi [India], Dec 22 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar on Sunday said that the gross non-performing assets (GNPA) and non-performing assets (NPA) of all the banks are expected to decline by March 31, 2020.
Mumbai (Maharashtra) [India], Dec 18 (ANI): Shares of government-owned Bank of Baroda (BoB) fell by 2.93 per cent on Wednesday morning after the Reserve Bank of India (RBI) found that it had under-reported bad loans by Rs 5,250 crore in the financial year 2018-19.
Mumbai (Maharashtra) [India], Dec 10 (ANI): Government-owned State Bank of India (SBI) on Tuesday reported bad loan divergence of Rs 11,932 crore for the last financial year.
New Delhi [India], Nov 12 (ANI): To avoid situations like the PMC Bank scam, National Bank for Agriculture and Rural Development (NABARD) has directed cooperative and regional rural banks to submit information about their credit disbursal every month.
Bengaluru (Karnataka) [India], Nov 6 (ANI): Government-owned Canara Bank said on Wednesday its net profit during the July to September quarter jumped by 22 per cent year-on-year to Rs 365 crore.
New Delhi [India], Nov 5 (ANI): State-owned Punjab National Bank (PNB) on Tuesday reported a net profit of Rs 507 crore in the July to September quarter as against a loss of Rs 4,532 crore reported in Q2 FY19.
Mumbai (Maharashtra) [India], Nov 4 (ANI): Housing Development Finance Corporation (HDFC) on Monday reported a standalone net profit of Rs 3,961 crore for the quarter ended September, up 60 per cent year-on-year.
Mumbai (Maharashtra) [India], Nov 2 (ANI): Government-owned Bank of India has reported a net profit of Rs 266 crore in the July to September quarter of current fiscal compared to a net loss of Rs 1,156 crore in the corresponding period of last year.
Mumbai (Maharashtra) [India], Nov 1 (ANI): Private sector lender Yes Bank on Friday reported a whopping loss of Rs 600 crore in the second quarter of current fiscal year (Q2 FY20) due to a one-off deferred tax asset (DTA) adjustment of Rs 709 crore on account of change in corporate tax ra