Mumbai (Maharashtra) [India], May 25 (ANI): Housing Development Finance Corporation (HDFC) on Monday reported 22 per cent fall in net profit at Rs 2,233 crore for the January to March quarter.
Mumbai (Maharashtra) [India], April 28 (ANI): Private sector lender Axis Bank on Tuesday reported a loss of Rs 1,388 crore for the quarter ended March (Q4 FY20) compared to a profit of Rs 1,505 crore in the corresponding period of last year (Q4 FY19).
Singapore, Feb 21 (ANI): The latest move of India government of capital infusions will improve the solvency of banks and significantly boost their provisions for non-performing loans but large volumes of legacy problem loans are yet to be resolved, Moody’s Investors Service said on
New Delhi, July 19 (ANI): The government today announced infusion of Rs. 22,915 crore into 13 public sector (PSU) banks to help them cope with their non-performing loans and shore up their capitals levels.