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.
New Delhi [India] Feb 4 (ANI/PRNewswire): Sharik Currimbhoy led Goldstein, Roth & Co (GSR) has made plans to deploy Rs 10,000 crores (USD 1.4billion) into the distressed equity and debt markets in India.
Mumbai (Maharashtra) [India], Jan 29 (ANI): Bajaj Finance Ltd, one of the largest players in consumer finance segment, on Wednesday reported 52 per cent jump in its consolidated profit after tax of Rs 1,614 crore in the quarter ended December 2019 (Q3 FY20).
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.
New Delhi [India], Jan 22 (ANI): Petroleum refining company Indian Oil on Wednesday signed a Memorandum of Understanding (MoU) with the National Petroleum Authority (NPA) of Ghana for providing assistance and technical expertise in implementation of the National LPG Promotion Policy in the A
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.
Kolkata (West Bengal) [India], Jan 13 (ANI): West Bengal Chief Minister Mamata Banerjee on Monday slammed state BJP president Dilip Ghosh and said that he made "shameful" remarks and accused him of promoting violence.
Mumbai (Maharashtra) [India], Jan 6 (ANI): The newly-formed Maharashtra government's announcement to waive off loans up to Rs 2 lakh for farmers with a cut-off date of September 30, 2019 and providing relief to non-defaulting farmers who have a loan above Rs 2 lakh can cost at between Rs 45,
Mumbai (Maharashtra) [India], Dec 26 (ANI): Brickwork Ratings has downgraded the rating of Yes Bank's various long-term bond issues worth Rs 1,330 crore as India's fourth largest private sector lender grapples with the overhang of stressed assets.
New Delhi [India], Dec 22 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar on Sunday said that the gross non-performing assets (GNPA) and non-performing assets (NPA) of all the banks are expected to decline by March 31, 2020.
New Delhi [India], Dec 20 (ANI): Finance Minister Nirmala Sitharaman on Friday said that micro, small and medium enterprises (MSMEs) can approach any public sector bank to sort out their finances.
Mumbai (Maharashtra) [India], Dec 10 (ANI): Government-owned State Bank of India (SBI) on Tuesday reported bad loan divergence of Rs 11,932 crore for the last financial year.