Search For "asset quality"
Moody's downgrades Yes Bank's ratings with outlook negative, concludes rev
Updated : 6 years, 6 months 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.
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SBI reports first quarter profit of Rs 2,312 crore with improved asset qua
Updated : 6 years, 7 months 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.
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ICICI Bank posts Q1 profit of Rs 1,908 crore
Updated : 6 years, 7 months ago IST
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.
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Canara Bank net profit up 17 pc in Q1 FY20
Updated : 6 years, 7 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.
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Bandhan Bank Q1 FY20 net profit jumps 45 pc at Rs 701 crore
Updated : 6 years, 7 months ago IST
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.
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OBC's Q1 net profit at Rs 112 cr on better asset quality
Updated : 6 years, 7 months ago IST
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.
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DHFL's solvency stress is credit negative for Indian banks: Moody's
Updated : 6 years, 7 months ago IST
Singapore, July 22 (ANI): Dewan Housing Finance Corporation Limited's (DHFL's) weakening solvency is credit negative for Indian banks because they are key lenders to the company and its default will negatively affect their asset quality and profitability, Moody's Investors Service said on Mo
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Indian banks struggling with poor asset quality amid challenging environme
Updated : 6 years, 9 months 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.
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Axis Bank comes out of red with Rs 1,505 crore profit in Q4
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], Apr 25 (ANI): Private lender Axis Bank on Thursday reported a net profit of Rs 1,505 crore during January to March of 2019 due to improved asset quality compared to a loss of R 2,189 crore in the corresponding period of last year.
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RBI exempts BoI, BoM, OBC from PCAF
Updated : 7 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): The Reserve Bank of India has exempted Bank of India, Bank of Maharashtra and Oriental Bank of Commerce from PCAF (Prompt Corrective Action Framework) following improvements in their capital position and asset quality in the December 2018 quarter, said an o
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India`s GDP growth to touch 7.3 percent in 2018-19: World Bank
Updated : 8 years, 2 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.
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Sensex, Nifty end at fresh record closing high
Updated : 8 years, 4 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.
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