New Delhi [India], July 25 (ANI): The gross non-performing assets (NPAs) of public sector banks (PSBs) have declined by Rs 89,189 crore from a peak of more than Rs 8.95 lakh crore in March 2018 to over Rs 8.06 lakh crore in March this year, the government told the Rajya Sabha.
Amaravati (Andhra Pradesh) [India], July 25 (ANI): The Telugu Desam Party (TDP) MLAs on Thursday walked out from Andhra Pradesh Assembly alleging that Speaker K Siva Prasad Rao did not give them a chance to speak on the issue pertaining to asset division between Telangana and Andhra Pradesh.
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.
New Delhi [India], July 24 (ANI): The Central Board of Direct Taxes (CBDT) said a search operation was conducted on a business group which led to the seizure of unaccounted jewellery and undisclosed cash of more than Rs 1.28 crore from the promoter of the group, in connection with the Jam
Mumbai (Maharashtra) [India], July 24 (ANI): India Ratings and Research (Ind-Ra) has revised IDBI's long-term issuer rating at IND A and short-term issuer rating at IND A1 besides changing the rating outlook from 'rating watch negative' to 'negative.
Sangrur/Patiala (Punjab) [India], July 23 (ANI): Blaming the Akalis for the control of Ghaggar river going to the Central Water Commission (CWC), Punjab Chief Minister Captain Amarinder Singh on Tuesday said that he would meet Central government ministers and officials to press for reinforce
Coimbatore (Tamil Nadu) [India], July 22 (ANI): The Enforcement Directorate (ED) attached assets consisting of 61 flats, 82 open plots and six plots with buildings located in Coimbatore worth Rs 119.6 crore of 'lottery king' Santiago Martin and his associates in connection with a lottery sca
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.
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.
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
Mumbai (Maharashtra) [India], June 20 (ANI): Private lender HDFC Bank on Saturday reported a net profit of Rs 5,568 crore for the quarter ended June 30, marking an increase of 21 per cent in the year-on period.
Bengaluru (Karnataka) [India], July 19 (ANI): The Enforcement Directorate (ED) on Friday attached the assets worth Rs 3.10 crores of a private company under the Prevention of Money Laundering Act (PMLA) here.