New Delhi [India] Aug 6 (ANI): PNB Housing Finance Limited said on Tuesday it has raised fresh 75 million dollars (about Rs 522 crore) of external commercial borrowing (ECB) from Sumitomo Mitsui Banking Corporation (SMBC) in Singapore.
Mumbai (Maharashtra) [India], Aug 2 (ANI): State-owned Union Bank on Friday reported 73 per cent increase in its net profit at Rs 225 crore during the April to June quarter from Rs 130 crore in the corresponding quarter of previous fiscal year.
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.
New Delhi [India], Aug 1 (ANI): Enforcement Directorate (ED) on Thursday attached assets worth Rs. 1.73 crores of Zahoor Ahmad Shah Watali and his family members in connection with a terror-financing case.
New Delhi [India], Aug 1 (ANI): The Enforcement Directorate (ED) has provisionally attached assets of REI Agro Limited worth Rs 481 crore under Prevention of Money Laundering Act, 2002 (PMLA) in connection with a bank fraud case.
Mumbai (Maharashtra) [India], July 30 (ANI): IndiGrid, India's first power sector infrastructure investment trust, has clocked consolidated revenue of Rs 206 crore for the quarter ended June, up 21 per cent quarter-on-quarter.
New Delhi [India], July 29 (ANI): The Enforcement Directorate(ED) has provisionally attached immovable and movable properties worth Rs 246 crore under the provisions of Prevention of Money Laundering Act, 2002 (PMLA) in connection with the Gutkha scam.
Pune (Maharashtra) [India] July 29 (ANI/BusinessWire India): Owning an asset, either a residential or commercial property is one of the major milestones in an individual's life. This asset can come in handy when a person requires a large sum of money to fulfill any personal or business ne
New Delhi [India], July 28 (ANI): The Income Tax Department has detected undisclosed foreign assets approximately worth Rs 200 crore in searches conducted on 13 premises across Delhi, Haryana, and Himachal Pradesh.
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.
Mumbai (Maharashtra) [India], July 26 (ANI): Punjab National Bank (PNB) on Friday reported a net profit of Rs 1,018.6 crore for the quarter ended June 2019 (Q1 FY20) despite a marginal rise in non-performing assets (NPAs) against a net loss of Rs 940 crore in a year-ago period.
Mumbai (Maharashtra) [India] July 25 (ANI): The Indian government's partial credit guarantee on asset purchases from non-bank lenders will ease funding pressure on the non-bank sector in the short term, Fitch Ratings said on Thursday but added that it does not address investors' long-term co