Search For "non performing assets"
SC to hear petitions seeking to initiate contempt of court against RBI Gov
Updated : 4 years, 6 months ago IST
New Delhi [India], September 2 (ANI): Supreme Court on Thursday would hear a batch of petitions seeking to initiate contempt of court proceedings against the RBI Governor, Shaktikant Das, Chief Executive of Indian Banks Association (IBA) and others concerned for allegedly flouting the apex c
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Naqvi takes jibe at Congress over C'garh crisis, compares party with NPAs
Updated : 4 years, 6 months ago IST
New Delhi [India], August 24 (ANI): Amid the ongoing rift in Chhattisgarh Congress, Union Minister Mukhtar Abbas Naqvi on Tuesday took a jibe and compared Congress with non-performing assets (NPAs).
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U GRO Capital AUMs total Rs 1,561 cr, monthly disbursals grow strong
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 12 (ANI): Small business lending fintech platform U GRO Capital said on Thursday its assets under management stood at Rs 1,375 crore at June-end compared to Rs 847 crore a year ago, marking an increase of 62 per cent.
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PNB Housing Finance PAT slips 5 pc to Rs 243 crore in Q1
Updated : 4 years, 7 months ago IST
New Delhi [India], Aug 4 (ANI): PNB Housing Finance Ltd said on Wednesday its profit after tax stood at Rs 243 crore in Q1 FY22 versus Rs 257 crore in Q1 FY21, registering a degrowth of 5 per cent.
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Kotak Mahindra Bank Q1 PAT up 32 pc at Rs 1,642 crore
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 26 (ANI): Private sector lender Kotak Mahindra Bank on Monday reported 32 per cent jump in its profit after tax for the April to June quarter to Rs 1,642 crore from Rs 1,244 crore in the same period of last year.
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SC refuses to entertain plea seeking direction for banks to count 90 days
Updated : 4 years, 8 months ago IST
New Delhi [India], July 9 (ANI): The Supreme Court on Friday refused to entertain the petition filed by lawyer Vishal Tiwari, seeking direction to modify its March 23, 2021, judgment and issue orders that the period of declaring any account as non-performing assets (NPA) shall be reckoned
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SC adjourns hearing in plea seeking modification of March 23 moratorium ju
Updated : 4 years, 8 months ago IST
New Delhi [India], July 2 (ANI): The Supreme Court on Friday adjourned the petition filed by lawyer Vishal Tiwari, seeking a direction to allow his plea and modified the SC's March 23, 2021 judgment and issue orders that the period of declaring any account as Non-performing Assets (NPA) shal
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IIFCL posts Rs 286 crore standalone PAT in FY21
Updated : 4 years, 8 months ago IST
New Delhi [India], June 22 (ANI): Government-owned India Infrastructure Finance Company Ltd (IIFCL) said on Tuesday it has returned to profitability with a standalone profit after tax of Rs 286 crore and consolidated profit after tax of Rs 325 crore in the fiscal year 2020-21.
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IOB clocks Q4 net profit at Rs 350 crore
Updated : 4 years, 9 months ago IST
Chennai (Tamil Nadu) [India], June 14 (ANI): Government-owned Indian Overseas Bank (IOB) on Monday reported a net profit of Rs 350 crore in the quarter ended March as against Rs 144 crore in the year-ago period.
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Yes Bank to raise Rs 10,000 crore via debt securities
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 11 (ANI): The board of directors at private sector lender Yes Bank has approved seeking shareholders' nod for raising up to Rs 10,000 crore in Indian or foreign currency by issuing debt securities, including but not limited to non-convertible debentures, bo
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Union Bank to pick up 9 pc stake in NARCL
Updated : 4 years, 9 months ago IST
New Delhi [India], June 7 (ANI): Union Bank of India (UBI) on Monday said it will pick stake in the National Asset Reconstruction Company Ltd (NARCL) and has identified Non Performing Assets (NPAs) worth Rs 7,800 crore to be transferred to the proposed bad bank for resolution.
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Bank of Baroda reports Q4 loss of Rs 1,047 crore on DTA reversal
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 29 (ANI): Bank of Baroda on Saturday reported a standalone net loss of Rs 1,047 crore for the January to March quarter (Q4 FY21) as against a profit of Rs 507 crore in the same period last year (Q4 FY20).
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