Mumbai (Maharashtra) [India], July 25 (ANI): India's largest private sector lender ICICI Bank on Saturday reported 36 per cent rise in its net profit at Rs 2,599 crore for the April to June quarter compared with Rs 1,908 crore in the same period of last year.
Mumbai (Maharashtra) [India], July 21 (ANI): Bajaj Finance Ltd, one of the largest players in consumer finance segment, on Tuesday posted 19 per cent year-on-year fall in consolidated net profit at Rs 962 crore for the April to June quarter.
Mumbai (Maharashtra) [India], July 11 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday that the central bank asked public and private sector banks to chalk out plans and keep adequate capital ready to deal with shocks that may come due to the coronavirus pandemic.
Mangaluru (Karnataka) [India], July 10 (ANI): Karnataka Bank on Friday reported an all-time high quarterly net profit of Rs 196 crore during Q1 of FY 2020-21 as against the previous high of Rs 175 crore during Q1 of previous fiscal.
Srinagar (Jammu and Kashmir) [India], June 30 (ANI): J&K Bank has registered a net loss of Rs 1,139 crore for the financial year ended March (FY20) due to higher provisioning for bad loans.
Mumbai (Maharashtra) [India], June 29 (ANI): Government-owned Central Bank of India said on Monday its net loss for FY20 reduced to Rs 1,121 crore from Rs 5,641 crore in FY19.
New Delhi [India], June 26 (ANI): Nearly 30 per cent of housing finance companies (HFCs) portfolio is under moratorium and their gross non-performing assets (GNPAs) are likely to increase to 2.5 to 3 per cent in FY21, rating agency ICRA said on Friday.
Mumbai (Maharashtra) [India], June 25 (ANI): Government-owned Bank of India on Thursday reported a net loss of Rs 3,571 crore in the quarter ended March against a profit of Rs 252 crore in Q4 FY19.
New Delhi [India], June 10 (ANI): In a relief to Amrapali homebuyers, the Supreme Court on Wednesday directed Reserve Bank of India (RBI) to allow banks to release sanctioned loans to home buyers notwithstanding their account being non-performing assets (NPAs).
Mumbai (Maharashtra) [India], May 9 (ANI): India's largest private sector lender ICICI Bank said on Saturday its profit after tax grew by 26 per cent year-on-year to Rs 1,221 crore in Q4 FY20 from Rs 969 crore in the quarter ended Q4 FY19.
New Delhi [India], April 14 (ANI): Delhi High Court has directed Punjab and Sind Bank not to declare the pending loans of Shakuntla Educational and Welfare Society (SEWS) as non-performing assets (NPA) till May 4, the next date of hearing in the case.
New Delhi [India], Mar 16 (ANI): Minister of State (MoS) Finance, Anurag Thakur on Monday said that as reported by the Life Insurance Corporation (LIC), its Non Performing Assets (NPAs) stood at Rs 1453.11 crore as on December 31, 2019.