Mumbai (Maharashtra) [India], July 31 (ANI): Government-owned State Bank of India (SBI) on Friday reported 81 per cent year-on-year jump in its net profit at Rs 4,189 crore for the quarter ended June compared to Rs 2,312 crore in the same quarter last year.
New Delhi [India] July 31 (ANI/India PR Distribution): Amid the unprecedented uncertainty brought in by COVID-19, SAVE Solutions, backed by Incofin, has successfully raised its Series B funding of Rs 120 crores from Maj Invest, a Danish asset management company.
Mumbai (Maharashtra) [India], July 30 (ANI): Home loan lender Housing Development Finance Corporation (HDFC) on Thursday reported 4.7 per cent degrowth in its net profit during the quarter ended June at Rs 3,052 crore against Rs 3,203 crore in the year-ago period.
Singapore, July 30 (ANI): The Reserve Bank of India's recent financial stability report and results of banking system stress tests show that banks' gross non-performing assets will rise meaningfully under all four stress test scenarios with their common equity tier one ratio declining by one
Islamabad [Pakistan], July 29 (ANI): Tania Aidrus, special assistant to the prime minister (SAPM) on Digital Pakistan, has submitted her resignation following Pakistan government releasing a list of top 20 aides admitting to owning movable and immovable assets worth millions of dollars abroa
Mumbai (Maharashtra) [India], July 28 (ANI): Yes Bank on Tuesday reported 60 per cent dip in its net profit at Rs 45 crore for the quarter ended June 30 as compared to Rs 114 crore in the corresponding quarter of last year.
Mumbai (Maharashtra) [India], July 27 (ANI): Private sector lender Kotak Mahindra Bank on Monday reported 10 per cent fall in its standalone profit after tax at Rs 1,244 crore in the April to June quarter.
Jaunpur (Uttar Pradesh) [India], July 25 (ANI): Assets worth about Rs 40 lakhs belonging to a liquor smuggler were attached by the administration here on Friday, said officials.
Mumbai (Maharashtra) [India], July 25 (ANI): India's largest private sector lender ICICI Bank on Saturday reported 36 per cent rise in its net profit at Rs 2,599 crore for the April to June quarter compared with Rs 1,908 crore in the same period of last year.
New Delhi [India], July 24 (ANI): The Enforcement Directorate has attached assets worth Rs 3.88 crores belonging to an officer of Indian Revenue Services (IRS) and his associates under Prevention of Money Laundering Act (PMLA), 2002 in connection with a corruption case.
Mumbai (Maharashtra) [India], July 24 (ANI): The Reserve Bank of India's (RBI's) balance sheet has increased by about Rs 9.5 lakh crore since mid-February when the first-long term repo operation (LTRO) was conducted to Rs 54 lakh crore, Motilal Oswal Financial Services said on Friday.
New Delhi [India], July 22 (ANI): The COVID-19 pandemic has put a brake on strategic disinvestments, said Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM) here on Wednesday.