Mumbai (Maharashtra) [India], May 7 (ANI): Shares of Yes Bank rose by 7.6 per cent on Thursday afternoon, a day after the private sector lender reported a net profit of Rs 2,629 crore in the January to March quarter against a loss of Rs 1,507 crore a year ago.
Mumbai (Maharashtra) [India], April 28 (ANI): Private sector lender Axis Bank on Tuesday reported a loss of Rs 1,388 crore for the quarter ended March (Q4 FY20) compared to a profit of Rs 1,505 crore in the corresponding period of last year (Q4 FY19).
Mumbai (Maharashtra) [India], April 28 (ANI): Axis Bank and Max Financial Services on Tuesday announced the signing of definitive agreements to become joint venture partners in Max Life Insurance Company in which the private sector lender will hold 30 per cent stake in Max Life post transact
Mumbai (Maharashtra) [India], Apr 27 (ANI): Private sector lender IndusInd Bank on Monday reported 77 per cent sequential decline in its net profit at Rs 302 crore in the March quarter of FY20 against Rs 1,300 crore in the December quarter.
Mumbai (Maharashtra) [India], April 22 (ANI): The board of directors at private sector lender Kotak Mahindra Bank on Wednesday approved a proposal to issue 6.5 crore equity shares of Rs 5 each as part of its plans to raise equity capital.
Mumbai (Maharashtra) [India], Apr 18 (ANI): Private sector lender HDFC Bank on Saturday reported a 17.7 per cent year-on-year rise in net profit at Rs 6,928 crore during the January to March quarter.
Singapore, Apr 18 (ANI): S&P has affirmed its stable rating on HDFC Bank to reflect the lender's strong business franchise besides its better funding and liquidity profile than industry peers.
Mumbai (Maharashtra) [India], Apr 4 (ANI): Private sector lender HDFC Bank has said its advances aggregated to Rs 9.93 lakh crore as of March 31, marking a growth of about 21 per cent as compared to Rs 8.19 lakh crore a year ago and Rs 9.36 lakh crore on December 31, 2019.
Washington DC [USA], Apr 3 (ANI): Due to COVID-19 outbreak, businesses around the world are struggling to maintain their financial health. US President Donald Trump's company is no exception. It is asking its primary lenders to for breathing space amid the global pandemic, The New York Times
Mumbai (Maharashtra) [India], Mar 27 (ANI): Private sector lender Yes Bank will raise up to Rs 5,000 crore as equity capital in the second round to meet regulatory requirements and support business.
Mumbai (Maharashtra) [India], Mar 26 (ANI): Shares of private sector lender IndusInd Bank touched upper circuit on Thursday afternoon, snapping an eight-day losing streak and clocking the biggest-ever intra-day gain.
Mumbai (Maharashtra) [India], Mar 24 (ANI): Private sector lender IndusInd Bank has said that newly-appointed Managing Director and Chief Executive Officer (CEO) Sumant Kathpalia will take charge from Tuesday for three years.