Mumbai (Maharashtra) [India], May 29 (ANI): Muthoot Capital Services has posted a net profit of Rs 13.6 crore in the quarter ended March as against Rs 22.7 crore in the same quarter of the previous fiscal year.
Singapore, May 29 (ANI): Indian banks are looking at significant asset quality challenges for at least the next two years despite regulatory measures, according to Fitch Ratings.
Tirumala (Andhra Pradesh) [India], May 29 (ANI): A meeting of Tirumala Tirupati Devasthanam (TTD) Trust Board held on Thursday has taken a decision not to sell any assets and gifts of the board, TTD chairman YV Subba Reddy said.
New Delhi [India], May 29 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.
Guntur (Andhra Pradesh) [India], May 26 (ANI): Brahmana Chaitanya Vedika president S Sridhar Sarma said that the forum condemned the sale of assets donated to Lord Balaji Temple by Tirumala Tirupati Devasthanams (TTD) Trust Board as directed by the state government.
New Delhi [India], May 22 (ANI): Edelweiss Asset Management on Friday announced the launch of the second tranche of Bharat Bond ETF in July with two new series after initial series in December last year.
Mumbai (Maharashtra) [India], May 21 (ANI): Bajaj Finserv on Thursday reported 77 per cent decline in its Q4 FY20 consolidated net profit to Rs 194 crore as compared to Rs 839 crore in the corresponding quarter of previous fiscal.
Singapore, May 21 (ANI): Indian non-bank financial institutions' (NBFI) funding and liquidity will continue to face pressure despite a pick-up in loan collections, according to Fitch Ratings.
New Delhi [India]/New York [USA] May 20 (ANI/Digpu): Molinari Media PBC today announced that it is going to open its first international subsidiary office in Delhi, India.
New Delhi [India], May 19 (ANI): Enforcement Directorate (ED) has attached 42 immovable properties and 7 movable properties in Punjab and Himachal Pradesh totalling to Rs 18.50 crore of Vikram Seth and his family members under the Prevention of Money Laundering Act, 2002 (PMLA) in a bank fra
Singapore, May 19 (ANI): Stimulus measures announced by the government last week as part of a Rs 20 lakh crore economic package will help ease asset risks for the financial sector but not fully offset the negative impact from coronavirus outbreak, Moody' s Investors Service said on Tuesday.
Singapore, May 19 (ANI): Disruptions from the coronavirus outbreak will worsen economic slowdown in India that has been underway in the past year, accelerating the deterioration in asset quality at non-bank financial institutions (NBFIs), Moody's Investors Service said on Tuesday.