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IOB lowers net loss to Rs 342 crore in Q1
Updated : 6 years, 10 months ago IST
Chennai (Tamil Nadu) [India], July 23 (ANI): The government-owned Indian Overseas Bank (IOB) on Tuesday reported a net loss of Rs 342 crore during the April to June quarter of current fiscal versus a loss of Rs 919 crore in Q1 of FY19.
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Bandhan Bank Q1 FY20 net profit jumps 45 pc at Rs 701 crore
Updated : 6 years, 10 months ago IST
Kolkata (West Bengal) [India], July 22 (ANI): Bandhan Bank has reported a net profit of Rs 701 crore during April to June, up 45 per cent from Rs 482 crore in the corresponding quarter of the previous year.
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OBC's Q1 net profit at Rs 112 cr on better asset quality
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 22 (ANI): Oriental Bank of Commerce (OBC) on Monday reported a net profit of Rs 112.7 crore during the first quarter (April to June) of 2019-20 due to better asset quality and fewer provisions.
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Yes Bank Q1 profit down 91 pc to Rs 114 crore
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 17 (ANI): Yes Bank said on Wednesday its first-quarter net profit dropped 90.97 per cent to Rs 113.76 crore during three months ending June 30 due to lower other income and higher provisioning.
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Dhanlaxmi Bank posts Q1 net profit of Rs 19.8 crore vs loss of Rs 45 crore
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 17 (ANI): Kerala-based Dhanlaxmi Bank on Wednesday reported a net profit of Rs 19.84 crore in the April to June quarter as against a loss of Rs 44.99 crore in Q1 of FY19.
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Rs 15,310.73 billion returned from circulation post-demonetisation
Updated : 6 years, 10 months ago IST
New Delhi [India], July 15 (ANI): The total value of specified bank notes returned from circulation during 2016-'17 was Rs 15,310.73 billion, Minister of State for Finance Anurag Thakur informed the Lok Sabha in a written reply on Monday.
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CBI conducts searches at 18 locations, arrested 7 in NPCC bribery case
Updated : 6 years, 10 months ago IST
New Delhi (India), July 15 (ANI): The Central Bureau of Investigation (CBI) have arrested 7 persons including public servants in an alleged bribery case pertaining to contracts awarded by National Projects Construction Corporation Ltd.
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Hospital sector on recovery path after more than two years of underperform
Updated : 6 years, 11 months ago IST
New Delhi [India], July 10 (ANI): The hospital sector is seeing better days ahead after more than two years of subdued performance, investment information agency ICRA said on Wednesday.
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Budget 2019-20: Six months' partial credit guarantee proposed for PSBs
Updated : 6 years, 11 months ago IST
New Delhi [India], July 5 (ANI): Finance Minister Nirmala Sitharaman on Friday said the government has proposed to provide a one-time six-month partial credit guarantee to public sector banks (PSBs) for first loss of up to 10 per cent.
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NPAs worth Rs 4 lakh crore recovered in past four years
Updated : 6 years, 11 months ago IST
New Delhi [India], July 5 (ANI): The government has recovered non-performing assets (NPAs) worth Rs 4 lakh crore over the past four years, Finance Minister Nirmala Sitharaman said on Friday.
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Performance of banking system improved as NPA ratios declined: Economic Su
Updated : 6 years, 11 months ago IST
New Delhi [India], July 4 (ANI): The performance of banking system improved as non-performing asset (NPA) ratios declined and credit growth accelerated, says the Economic Survey 2018-19 report which Finance and Corporate Affairs Minister Nirmala Sitharaman tabled in Parliament on Thursday.
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NSG urges North Korea to abondon nuke weapons
Updated : 6 years, 11 months ago IST
Nur-Sultan [Kazakhstan], Jun 21 (ANI): Nuclear Supplier Group (NSG) on Friday urged North Korea to immediately abandon all nuclear weapons and existing nuclear programs in a "complete, verifiable and irreversible manner".
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