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.
New Delhi [India], April 14 (ANI): Delhi High Court has directed Punjab and Sind Bank not to declare the pending loans of Shakuntla Educational and Welfare Society (SEWS) as non-performing assets (NPA) till May 4, the next date of hearing in the case.
New Delhi [India], Apr 4 (ANI): Government-owned Punjab & Sind Bank said on Saturday it will soon approach the Central Bureau of Investigation (CBI) to conduct a probe against Hyderabad-based Saptarishi Hotels for committing fraud involving Rs 76.58 crore.
New Delhi [India], Mar 16 (ANI): Minister of State (MoS) Finance, Anurag Thakur on Monday said that as reported by the Life Insurance Corporation (LIC), its Non Performing Assets (NPAs) stood at Rs 1453.11 crore as on December 31, 2019.
Mumbai (Maharashtra) [India], Mar 7 (ANI): India Ratings and Research (Ind-Ra) has downgraded PNB Housing Finance Ltd's (PNBHF) non-convertible debentures (NCDs) rating to AA from AA-plus with a stable outlook.
Mumbai (Maharashtra) [India], Feb 11 (ANI): Government-owned Syndicate Bank said on Tuesday its net profit in the October to December quarter (Q3 FY20) increased four-fold to Rs 435 crore from Rs 108 crore in the corresponding period of the previous year on declining bad loans.
Mumbai (Maharashtra) [India], Feb 10 (ANI): State-owned Union Bank of India on Monday reported a net profit for Q3 FY20 at Rs 575 crore as compared to a loss of Rs 1,194 crore in Q2 FY20.
New Delhi [India], Feb 4 (ANI): State-owned Punjab National Bank (PNB) on Tuesday reported a standalone net loss of Rs 492 crore for the October to December quarter compared with a profit of Rs 246 crore in the same period of last financial year.
Mumbai (Maharashtra) [India], Jan 31 (ANI): Government-owned State Bank of India (SBI) on Friday reported the highest-ever quarterly net profit of Rs 5,583 crore in the October to December quarter, up 41 per cent year-on-year due to lower provisions.
Bengaluru (Karnataka) [India], Jan 23 (ANI): Government-owned Canara Bank said on Thursday its standalone net profit rose by 3.81 per cent to Rs 330 crore in the third quarter ending December (Q3 FY20) as net non-performing assets (NPAs) came down from 10.25 per cent to 8.36 per cent.
Mumbai (Maharashtra) [India], Jan 22 (ANI): Private sector lender Axis Bank said on Wednesday its net profit rose by 5 per cent year-on-year in the third quarter of current fiscal year to Rs 1,757 crore on the back of higher net interest income.
Mumbai (Maharashtra) [India], Jan 20 (ANI): Private sector lender Federal Bank said on Monday its third quarter net profit rose by 32 per cent to Rs 441 crore compared to Rs 334 crore in the year-ago period.