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.
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.
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.
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
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.
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).
Mumbai (Maharashtra) [India], May 17 (ANI): Private sector lender Federal Bank said on Monday its profit after tax for the January to March quarter was up by 58 per cent at Rs 521 crore.
Mumbai (Maharashtra) [India], May 1 (ANI): Private sector lender IndusInd Bank has reported three-fold jump in its consolidated net profit for the January to March quarter (Q4 FY21) at Rs 926 crore as compared to Rs 315 crore in Q4 FY20.
Mumbai (Maharashtra) [India], Apr 30 (ANI): Crisis-hit lender Yes Bank on Friday reported a standalone net loss of Rs 3,788 crore in the March quarter as against a net loss of Rs 3,668 crore in the year-ago period.
Mumbai (Maharashtra) [India], Apr 17 (ANI): HDFC Bank said on Saturday it recorded 18 per cent year-on-year growth in its standalone profit at Rs 8,186 crore for the Janaury to March quarter on account of low base in the corresponding period.
New Delhi [India], April 6 (ANI): Despite a decline in reported gross and net non-performing assets (NPAs) by banks, their assets quality continues to remain monitorable, ICRA Ratings has said.
Mumbai (Maharashtra) [India], Mar 3 (ANI): Crisil Ratings has revised the outlook on long-term debt instruments of Union Bank of India (UBI) to stable from negative while reaffirming ratings at AA-plus.