Search For "asset quality"
Indian banks' loan write-offs to continue: Fitch Ratings
Updated : 6 years, 3 months ago IST
Singapore, Dec 5 (ANI): Indian banks are likely to take significantly more loan write-offs against a backdrop of rising provisions and weak recovery prospects, Fitch Ratings said on Thursday.
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Moody's places Yes Bank's ratings under review for downgrade
Updated : 6 years, 4 months ago IST
Singapore, Nov 7 (ANI): A week after Yes Bank reported loss of Rs 600 crore in the second quarter of the current fiscal year (Q2 FY20), Moody's Investors Service has placed the private sector lender's foreign currency issuer rating of Ba3 under review for downgrade.
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Canara Bank Q2 profit up 22 pc at Rs 365 crore, asset quality improves mar
Updated : 6 years, 4 months ago IST
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.
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PNB reports profit of Rs 507 crore in Q2 FY20
Updated : 6 years, 4 months ago IST
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.
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Bank of India reports Q2 profit of Rs 266 crore but asset quality remains
Updated : 6 years, 4 months ago IST
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.
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Yes Bank reports Q2 loss at Rs 600 crore on tax hit while asset quality wo
Updated : 6 years, 4 months ago IST
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
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SBI Q2 profit jumps by 219 pc at Rs 3,012 crore, asset quality improves
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 25 (ANI): Government-owned State Bank of India (SBI) on Friday reported a standalone net profit of Rs 3,012 crore for the July to September quarter (Q2 FY20), up 219 per cent from Rs 945 crore in the same quarter of previous fiscal.
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Axis Bank reports Q2 loss of Rs 112 crore due to one-time tax impact
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 22 (ANI): Private lender Axis Bank on Tuesday reported a net loss of Rs 112 crore on a for the second quarter of current fiscal due to a one-time tax impact compared to a net profit of Rs 790 crore in the corresponding July to September quarter of previous f
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Kotak Mahindra Bank Q2 profit gallops 51 pc to Rs 1,724 crore
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 22 (ANI): Kotak Mahindra Bank said on Tuesday its profit after tax totalled Rs 1,724 crore during the second quarter of the current financial year, up 51 per cent from Rs 1,142 crore in Q2 FY19.
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Federal Bank Q2 profit up 57 pc to Rs 417 crore, NII jumps 10 pc
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 16 (ANI): Private sector lender Federal Bank on Wednesday reported a healthy 56.7 per cent year-on-year growth in the second quarter profit due to other income and lower tax cost.
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Yes Bank sells 6.7 pc stake in Fortis Healthcare
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 15 (ANI): Yes Bank said on Tuesday it has recovered Rs 645 crore of Religare exposure through sale of a 6.77 per cent block of Fortis Healthcare Ltd shares.
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Tax cuts may bolster growth eventually but fiscal impact comes sooner: Fit
Updated : 6 years, 5 months ago IST
Hong Kong, Sep 26 (ANI): India's corporate tax cuts support efforts to stimulate investment and GDP growth in the medium term but will cause the fiscal deficit to widen in the near term, Fitch Ratings said on Thursday.
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