Search For "assets"
Central Bank's net loss down to Rs 1,121 crore in FY20
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 29 (ANI): Government-owned Central Bank of India said on Monday its net loss for FY20 reduced to Rs 1,121 crore from Rs 5,641 crore in FY19.
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ED attaches assets worth Rs 7.85 crore in corruption case
Updated : 5 years, 9 months ago IST
New Delhi [India], June 26 (ANI): Enforcement Directorate (ED) has provisionally attached immovable assets worth Rs 7.85 crore under the provisions of Prevention of Money Laundering Act, 2002 (PMLA) belonging to a person named Mahesh Chand Sharma and his family members and entities under the
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Asset quality pressures building in housing loan portfolio, NPAs to worsen
Updated : 5 years, 9 months ago IST
New Delhi [India], June 26 (ANI): Nearly 30 per cent of housing finance companies (HFCs) portfolio is under moratorium and their gross non-performing assets (GNPAs) are likely to increase to 2.5 to 3 per cent in FY21, rating agency ICRA said on Friday.
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Bank of India suffers a loss of Rs 3,571 crore in Q4 on bad debts
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): Government-owned Bank of India on Thursday reported a net loss of Rs 3,571 crore in the quarter ended March against a profit of Rs 252 crore in Q4 FY19.
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ICRA, CARE downgrade Yes Bank's rating on upper tier-2 bonds to D
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): Rating agencies ICRA and CARE have downgraded Yes Bank's rating on Rs 32,611.7 crore upper tier-2 bonds to D.
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SEBI announces relaxations for listed companies having stressed assets
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 23 (ANI): Stock market regulator Securities and Exchange Board of India (SEBI) on Tuesday decided to relax the pricing methodology for preferential issues by listed companies having stressed assets and exempt allottees of preferential issues from open offer
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IAF Chief visits Leh to review Ladakh operations, fighter aircraft moved t
Updated : 5 years, 9 months ago IST
New Delhi [India], June 19 (ANI): Even as the Indian Air Force (IAF) moved its assets including fighter aircraft to forward bases and airfields in view of the ongoing dispute with China, its chief RKS Bhadauria was on a two-day hush-hush visit to the Leh and Srinagar airbases, which would
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Muthoot Finance FY20 net profit up 53 pc at Rs 3,018 cr
Updated : 5 years, 9 months ago IST
Ernakulam (Kerala) [India], June 17 (ANI): Muthoot Finance, the country's largest gold financing company in terms of loan portfolio, on Wednesday, reported 53 per cent increase in net profit at Rs 3,018 crore for FY20 as against Rs 1,972 crore in the previous year.
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Real estate witnesses 93 pc drop in PE investments: Knight Frank India
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 10 (ANI): The private equity investment activity dropped to 238 million dollars with only five real estate deals getting concluded in the first five months of 2020, marking a 93 per cent drop year-on-year, according to a new report released on Wednesday by
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Amrapali case: SC directs RBI to allow banks to release sanctioned loans t
Updated : 5 years, 9 months ago IST
New Delhi [India], June 10 (ANI): In a relief to Amrapali homebuyers, the Supreme Court on Wednesday directed Reserve Bank of India (RBI) to allow banks to release sanctioned loans to home buyers notwithstanding their account being non-performing assets (NPAs).
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Bharti Axa posts 17 pc growth in renewal premiums to Rs 1,359 crore in FY2
Updated : 5 years, 9 months ago IST
New Delhi [India], June 8 (ANI): Bharti Axa Life Insurance said on Monday it registered 17 per cent growth in its renewal premiums to Rs 1,359 crore for the year ended March 31 against Rs 1,164 crore in the last financial year 2018-19.
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SBI Q4 net profit jumps four-fold to Rs 3,581 crore
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 5 (ANI): Government-owned State Bank of India (SBI) on Friday reported a four-fold jump in its net profit at Rs 3,581 crore during the quarter ended March.
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