Search For "lender"
Manapurram Finance assigned BB-minus long-term issuer rating for EMTN prog
Updated : 6 years, 5 months ago IST
Thrissur (Kerala) [India], Nov 28 (ANI): Manapurram Finance, a sizable lender against gold jewellery and ornaments, said on Thursday that international credit rating agency S&P has assigned issuer rating to its proposed issue of debt instruments in the form of US dollar-denominated senior no
Read More
RCOM lenders reject Anil Ambani's resignation
Updated : 2 years, 7 months ago IST
Mumbai (Maharashtra) [India], Nov 24 (ANI): Reliance Communications Limited (RCOM) has rejected the resignations tendered by Anil Dhirubhai Ambani and four other directors, instructing them to continue holding their posts till the insolvency resolution process of RCOM is completed.
Read More
New RBI nominee on the board of Lakshmi Vilas Bank
Updated : 6 years, 6 months ago IST
Chennai (Tamil Nadu) [India], Nov 19 (ANI): Troubled private sector lender Lakshmi Vilas Bank (LVB) said on Tuesday that Sundaram Shankar, General Manager at the Reserve Bank of India (RBI) Hyderabad regional office, has been appointed as additional director on the board for a period of two
Read More
Essar Steel Insolvency: SC sets aside NCLT order, upholds rights of lender
Updated : 2 years, 7 months ago IST
New Delhi [India], Nov 15 (ANI): The Supreme Court on Friday allowed a petition filed by Committee of Creditors of Essar Steel India and set aside the National Company Law Tribunal (NCLT) order which had provided for an equal distribution of proceeds between financial and operational credito
Read More
Sensex falls by 330 points after Moody's downgrades India outlook to negat
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Nov 8 (ANI): Equity benchmark indices ended 0.8 per cent lower after a volatile afternoon session on Friday as Moody's Investors Service downgraded India's sovereign outlook from stable to negative on mounting concerns that the economic slowdown will be prolo
Read More
Moody's places Yes Bank's ratings under review for downgrade
Updated : 6 years, 6 months ago IST
Singapore, Nov 7 (ANI): A week after Yes Bank reported loss of Rs 600 crore in the second quarter of the current fiscal year (Q2 FY20), Moody's Investors Service has placed the private sector lender's foreign currency issuer rating of Ba3 under review for downgrade.
Read More
Yes Bank reports Q2 loss at Rs 600 crore on tax hit while asset quality wo
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Nov 1 (ANI): Private sector lender Yes Bank on Friday reported a whopping loss of Rs 600 crore in the second quarter of current fiscal year (Q2 FY20) due to a one-off deferred tax asset (DTA) adjustment of Rs 709 crore on account of change in corporate tax ra
Read More
Yes Bank gets binding offer of $1.2 billion, stock zooms by 30 pc
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Oct 31 (ANI): Private sector lender Yes Bank said on Thursday that it has received a 1.2 billion dollar (about Rs 8,520 crore) binding offer for a stake purchase from a global investor, adding it is in advanced talks with other investors.
Read More
ICICI Bank Q2 profit falls by 28 pc on deferred tax adjustment
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Oct 26 (ANI): India's largest private sector lender ICICI Bank said on Saturday its profit after tax dropped by 28 per cent to Rs 655 crore in the second quarter of current fiscal (Q2 FY20) due to deferred tax assets adjustment.
Read More
Axis Bank reports Q2 loss of Rs 112 crore due to one-time tax impact
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Oct 22 (ANI): Private lender Axis Bank on Tuesday reported a net loss of Rs 112 crore on a for the second quarter of current fiscal due to a one-time tax impact compared to a net profit of Rs 790 crore in the corresponding July to September quarter of previous f
Read More
HDFC Bank Q2 profit jumps 27 pc to Rs 6,345 crore
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Oct 19 (ANI): Private lender HDFC Bank on Saturday reported 26.8 per cent jump in its net profit of Rs 6,345 crore during the July to September quarter.
Read More
Federal Bank Q2 profit up 57 pc to Rs 417 crore, NII jumps 10 pc
Updated : 6 years, 7 months ago IST
New Delhi [India], Oct 16 (ANI): Private sector lender Federal Bank on Wednesday reported a healthy 56.7 per cent year-on-year growth in the second quarter profit due to other income and lower tax cost.
Read More