Mumbai (Maharashtra) [India], Nov 7 (ANI): Indiabulls Housing Finance's consolidated net profit dipped by 32 per cent to Rs 702 crore in the July to September quarter from Rs 1,035 crore in the corresponding quarter of previous financial year.
Mumbai (Maharashtra) [India], Nov 1 (ANI): Private sector lender Yes Bank on Friday reported a whopping loss of Rs 600 crore in the second quarter of current fiscal year (Q2 FY20) due to a one-off deferred tax asset (DTA) adjustment of Rs 709 crore on account of change in corporate tax ra
Mumbai (Maharashtra) [India], Oct 25 (ANI): Government-owned State Bank of India (SBI) on Friday reported a standalone net profit of Rs 3,012 crore for the July to September quarter (Q2 FY20), up 219 per cent from Rs 945 crore in the same quarter of previous fiscal.
New Delhi [India], Sept 19 (ANI): Finance Minister Nirmala Sitharaman on Thursday said banks have been told that no stressed-asset MSME should be declared a non-performing asset (NPA) till March 31 next year.
Hyderabad (Telangana) [India] Aug 22 (ANI): Union Home Minister Amit Shah will on Saturday attend the Passing Out Parade ceremony of Indian Police Service (IPS) probationers at National Police Academy (NPA) in Hyderabad.
Mumbai (Maharashtra) [India], Aug 14 (ANI): Diversified financial services firm Edelweiss said on Wednesday its consolidated profit after tax fell to Rs 132 crore during April to June from Rs 264 crore in Q1 FY19 due to the economic slowdown and liquidity crunch facing several sectors.
Mumbai (Maharashtra) [India], July 30 (ANI): Private lender Axis Bank on Tuesday reported a net profit of Rs 1,370 crore, up 95.4 per cent from Rs 701.1 crore in the same quarter of last year.
Mumbai (Maharashtra) [India], July 27 (ANI): Private sector lender ICICI Bank said on Saturday its profit in June quarter (Q1) stood at Rs 1,908 crore against a loss of Rs 120 crore in the year-on period due to healthy net interest income and improved asset quality.
Mumbai (Maharashtra) [India], July 26 (ANI): Punjab National Bank (PNB) on Friday reported a net profit of Rs 1,018.6 crore for the quarter ended June 2019 (Q1 FY20) despite a marginal rise in non-performing assets (NPAs) against a net loss of Rs 940 crore in a year-ago period.
New Delhi [India], July 25 (ANI): The gross non-performing assets (NPAs) of public sector banks (PSBs) have declined by Rs 89,189 crore from a peak of more than Rs 8.95 lakh crore in March 2018 to over Rs 8.06 lakh crore in March this year, the government told the Rajya Sabha.
Mumbai (Maharashtra) [India], July 24 (ANI): State-owned Canara Bank said on Wednesday its net profit in the April to June quarter rose 17 per cent year-on-year to Rs 329 crore due to improved asset quality and lower provisions.