Search For "lender"
ICICI Bank Q4 profit drops 5 pc due to higher provisioning for bad loans
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], May 6 (ANI): Private lender ICICI Bank on Monday posted a 5 per cent drop in profit at Rs 969 crore in the quarter ended March 31 due to higher expenses.
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Pak appoints ex-IMF official as SBP head amid IMF talks
Updated : 7 years ago IST
Islamabad [Pakistan], May 5 (ANI): Pakistan on Saturday appointed Reza Baqir, a Pakistani economist working for the International Monetary Fund (IMF), as the governor of the State Bank of Pakistan (SBP), as the debt-ridden country seeks to finalise a bailout package from the global lender.
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ICRA downgrades Yes Bank's bonds as quality of large borrowers slides
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): Private lender Yes Bank said on Saturday that rating agency ICRA has downgraded its tier-I and tier-II bonds and infrastructure debt following deterioration in the credit quality of large ticket borrowers.
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GMR Rajahmundry Energy executes resolution plan
Updated : 7 years ago IST
New Delhi [India], May 3 (ANI): GMR Infrastructure on Friday announced execution of a bilateral resolution plan between its associate company GMR Rajahmundry Energy Ltd (GREL) and the lenders.
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SBI introduces new interest rates from May Day
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], May 1 (ANI): State Bank of India (SBI), the country's largest lender, on Wednesday linked loan and deposit rates to the repo rate of Reserve Bank of India (RBI).
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Axis Bank comes out of red with Rs 1,505 crore profit in Q4
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr 25 (ANI): Private lender Axis Bank on Thursday reported a net profit of Rs 1,505 crore during January to March of 2019 due to improved asset quality compared to a loss of R 2,189 crore in the corresponding period of last year.
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HDFC Bank reports 23 pc growth in Q4 profit due to strong loan growth
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr 20 (ANI): Private sector lender HDFC Bank on Saturday reported 22.6 per cent jump in net profit to Rs 5,885 crore during January to March 2019 from Rs 3,069 crore in the year-on period.
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Lenders pin hopes on bids from investors as 'best way forward' for surviva
Updated : 7 years, 1 month ago IST
New Delhi [India], April 18 (ANI): Expressing their faith in the bids from potential investors, Jet Airways Lenders have endorsed the process as the "best way forward" for the survival of the airline.
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Jet Airways cancels all flight operations; last flight to operate today
Updated : 7 years, 1 month ago IST
New Delhi (India), Apr 17 (ANI): Jet Airways on Wednesday cancelled all flights, including its international flights temporarily after failing to secure emergency funds from its lenders, according to a statement by the airlines.
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Jet has asked for emergency Rs 400 crore funding from lenders: Civil Aviat
Updated : 7 years, 1 month ago IST
New Delhi (India), Apr 16 (ANI): Jet Airways has requested for emergency funding of Rs 400 crore from banks and the debt-ridden airline is in talks with lenders Civil Aviation Secretary Pradeep Singh Kharola said on Tuesday. He stressed that a commercial decision is yet to be reached betw
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IMF delays multi-billion aid to debt-ridden Pakistan
Updated : 7 years, 1 month ago IST
Islamabad [Pakistan], Apr 15 (ANI): The International Monetary Fund (IMF) would delay the bailout package to debt-ridden Pakistan as the global money lender has sought details about China-Pakistan Economic Corridor (CPEC), and demanded a written guarantee that it will not use the aid to repa
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Jet Airways cancels international flights till Apr 18; SBI says bid proces
Updated : 7 years, 1 month ago IST
Mumbai [India] Apr 15 (ANI): Jet Airways on Monday cancelled its international operations till April 18 as the debt-ridden airline seeks interim funding from group of lenders headed by the State Bank of India, according to a statement sent out by the Jet CEO to its employees.
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