Mumbai (Maharashtra) [India], Feb 6 (ANI): The Reserve Bank of India (RBI) on Thursday announced several measures to boost loan growth to sectors like residential real estate, automobiles, and micro, medium and small enterprises (MSMEs).
Singapore, Dec 5 (ANI): Indian banks are likely to take significantly more loan write-offs against a backdrop of rising provisions and weak recovery prospects, Fitch Ratings said on Thursday.
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.
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.
New Delhi [India], Apr 19 (ANI): Private sector lender IndusInd Bank on Wednesday announced its fourth quarter result which missed the analysts' estimates due to sharp jump in provisions despite stable asset quality while net interest income was ahead of expectations due to better loan
New Delhi [India], Jan 24 (ANI): HDFC Bank on Tuesday announced a growth in its profit in the third quarter, which grew by 15 percent to Rs. 3,865.3 crore compared with Rs. 3,356.84 crore in year-ago period.