Search For "asset"
Refinancing needs to rise as NBFCs roll out restructuring plans: Ind-Ra
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 12 (ANI): The Reserve Bank of India's decision allowing lenders to restructure loans will increase their refinancing requirements, especially for non-banking banking companies (NBFCs), India Ratings and Research (Ind-Ra) said on Wednesday.
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140 percent increase in user engagement for assessment-based learning duri
Updated : 5 years, 11 months ago IST
Bengaluru (Karnataka) [India], Aug 11 (ANI/NewsVoir): As students, parents and teachers take to digital learning, the need for assessments to determine actual learning progress has been raised by many.
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India's bank debt restructuring to delay NPL recognition: Fitch
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 11 (ANI): The Reserve Bank of India's (RBI's) recent proposal to allow banks to restructure many types of loans will extend uncertainty over the banking sector's asset quality, Fitch Ratings said on Tuesday.
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BoB reports Q1 net loss at Rs 864 crore on higher provisioning
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 10 (ANI): Bank of Baroda on Monday reported a net loss of Rs 864 during the April to June quarter on higher provisioning as compared to a net profit of Rs 710 crore in Q1 FY20.
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DCB Bank Q1 gross NPAs jump to Rs 622 crore
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 8 (ANI): Private sector lender DCB Bank on Saturday reported a marginal decline in its net profit for Q1 FY21 at Rs 79 crore as compared to Rs 81 crore in the same period of last financial year.
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Odisha forest officer arrested in disproportionate assets case
Updated : 5 years, 11 months ago IST
Puri (Odisha) [India], Aug 7 (ANI): The Assistant Conservator of Forest (ACF) wildlife division, Puri was arrested by the vigilance department for possessing disproportionate assets worth Rs 1.16 crore.
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Gold ETFs clock 8th consecutive month of positive flows: WGC
Updated : 5 years, 11 months ago IST
New Delhi [India], Aug 7 (ANI): Gold-backed exchange-traded funds (ETFs) and similar products recorded their eighth consecutive month of positive flows, adding 166 tonnes in July -- equivalent to 9.7 billion dollars or 4 per cent of assets under management (AUMs), the World Gold Council has
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ED attaches assets worth Rs 7 crores of Chennai-based Bullion Trader in bo
Updated : 5 years, 11 months ago IST
New Delhi [India], Aug 6 (ANI): The Enforcement Directorate has attached immovable properties worth Rs 7 crores of a Chennai-based Bullion Trader and jewellery merchant under the provisions of Prevention of Money Laundering Act,2002 (PMLA), in a bogus import case.
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Asset quality risks for banks, NBFCs remain elevated: ICRA
Updated : 5 years, 11 months ago IST
New Delhi [India], Aug 5 (ANI): A further deterioration in asset quality and the risks for banks and non-banking finance companies (NBFCs ) continue to remain high despite most of them reporting a decline in the loans under moratorium phase two (June to August 2020), rating agency ICRA said
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Unicorn India invests in last-mile power distribution grid automation star
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 4 (ANI): Early-stage venture capital fund house Unicorn India Ventures on Tuesday announced its fourth investment from Rs 400 crore fund two in Internet of Things (IoT)-enabled smartgrid automation startup Probus Smart Things.
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Bank of India clocks Q1 net profit of Rs 844 cr on lower provisions
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], Aug 3 (ANI): Government-owned Bank of India on Monday reported a net profit of Rs 844 crore in the April to June quarter, up 247 per cent from Rs 243 crore in a year-ago period.
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Indian banks to require more capital as safeguard against stress: Fitch
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 1 (ANI): Indian state-owned banks' plans to raise capital from private sources will not be sufficient to mitigate anticipated risks unless supplemented with additional capital support from the government, according to Fitch Ratings.
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