Singapore, July 30 (ANI): The Reserve Bank of India's recent financial stability report and results of banking system stress tests show that banks' gross non-performing assets will rise meaningfully under all four stress test scenarios with their common equity tier one ratio declining by one
Mumbai (Maharashtra) [India], July 28 (ANI): Yes Bank on Tuesday reported 60 per cent dip in its net profit at Rs 45 crore for the quarter ended June 30 as compared to Rs 114 crore in the corresponding quarter of last year.
Mumbai (Maharashtra) [India], July 27 (ANI): Private sector lender Kotak Mahindra Bank on Monday reported 10 per cent fall in its standalone profit after tax at Rs 1,244 crore in the April to June quarter.
Mumbai (Maharashtra) [India], July 25 (ANI): India's largest private sector lender ICICI Bank on Saturday reported 36 per cent rise in its net profit at Rs 2,599 crore for the April to June quarter compared with Rs 1,908 crore in the same period of last year.
Mumbai (Maharashtra) [India], July 21 (ANI): Bajaj Finance Ltd, one of the largest players in consumer finance segment, on Tuesday posted 19 per cent year-on-year fall in consolidated net profit at Rs 962 crore for the April to June quarter.
Mumbai (Maharashtra) [India], July 20 (ANI): SBI Cards and Payment Services Ltd on Monday reported a profit after tax of Rs 393 crore in the April to June quarter, up 14 per cent from Rs 346 crore in the corresponding period of previous fiscal.
Mumbai (Maharashtra) [India], July 11 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday that the central bank asked public and private sector banks to chalk out plans and keep adequate capital ready to deal with shocks that may come due to the coronavirus pandemic.
Mangaluru (Karnataka) [India], July 10 (ANI): Karnataka Bank on Friday reported an all-time high quarterly net profit of Rs 196 crore during Q1 of FY 2020-21 as against the previous high of Rs 175 crore during Q1 of previous fiscal.
New Delhi [India], July 10 (ANI): Government-owned Punjab National Bank (PNB) has reported a fraud of Rs 3,688.58 crore in the non-performing asset (NPA) account of non-banking financial company Dewan Housing Finance Ltd (DHFL) which is in bankruptcy proceedings.
Srinagar (Jammu and Kashmir) [India], June 30 (ANI): J&K Bank has registered a net loss of Rs 1,139 crore for the financial year ended March (FY20) due to higher provisioning for bad loans.
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.
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.