Search For "provisioning"
RBI proposal of higher provisioning for under-construction projects will h
Updated : 2 years ago IST
The Reserve Bank of India's (RBI) proposal to set aside 5 per cent of the loan for construction projects, which is significantly higher than the 0.4% that it used to be earlier, has raised the concerns of the builders. The proposal, however, also provisioned it to be lowered to 2.5% when the
Read More
Odisha Cabinet approves financial support for self-help group members for
Updated : 2 years, 3 months ago IST
Financial assistance will also be made to the provisioning of uniforms for more than 1.5 lakh Executive Committee (EC) members of Gram Panchayat Level Federations (GPLFs), Block Level Federations (BLFs) & District Level Federations (DLFs) and Management Committee (MC) members of Area
Read More
Reserve Bank of India penalizes Pusad Urban Co-operative Bank Ltd. for non
Updated : 2 years, 3 months ago IST
According to a press release, the penalty was levied due to the bank's failure to comply with RBI directives concerning 'Income Recognition, Asset Classification, Provisioning, and Other Related Matters.'
Read More
CRPF meet focuses on facilitating operational, protected mobility of troop
Updated : 2 years, 7 months ago IST
The Central Reserve Police Force (CRPF) on Thursday discussed in a departmental meeting over key issues like facilitating the operational and protected mobility of troops in sensitive areas as well as more efficient and hassle-free procurement and provisioning for troops on the ground. Read More
Yes Bank's shares fall 3.40 pc during Monday afternoon
Updated : 3 years, 1 month ago IST
Yes Bank on Saturday posted a drop of 45 per cent to Rs 206.21 crore for the quarter ended March 31, 2023, against Rs 371.88 crore in the year-ago period, due to rising provisioning.
Read More
Yes Bank net profit drops 45 pc in fourth quarter
Updated : 3 years, 1 month ago IST
During the reviewed quarter, interest expended surged 32 per cent to Rs 4117.12 lakh, against Rs 3,130.10 crore in the year-ago period.
Read More
Avancer Consulting, Indian arm of US-based identity security company Avanc
Updated : 3 years, 6 months ago IST
New Delhi (India), November 24 (ANI/PNN): Avancer Consulting Services Private Limited, the Indian arm of Avancer Corp., a New Jersey, US- based leading provider of Identity and Access Management (IAM) solutions, is expanding its services in India, by providing consulting-based and value-adde
Read More
Cloud4C achieves AWS DevOps Competency status
Updated : 3 years, 6 months ago IST
Singapore, November 24 (ANI/PRNewswire): Cloud4C, a globally leading cloud specialist for mission-critical environments, announced today that it has achieved Amazon Web Services (AWS) DevOps Competency status. This designation recognizes Cloud4C's proven technology and deep expertise to help
Read More
Prospects for bank credit growth promising, to grow 12-13 pc in 2022-23: R
Updated : 3 years, 10 months ago IST
New Delhi [India], July 28 (ANI): The medium-term prospects for bank credit growth look promising with rising personal and wholesale borrowings and a substantial buffer for loan provisioning. Credit rating agency CareEdge estimates the credit growth to be in the range of 12-13 per cent durin
Read More
ICICI Bank's gross NPA ratio declines to 3.41 per cent
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): India's second-largest private sector lender ICICI Bank on Saturday reported an improvement in its asset quality with gross non-performing asset (NPA) declining to 3.41 per cent as of June 30, 2022, as compared to 5.15 per cent recorded on the sam
Read More
Kotak Mahindra Bank Q1 profit rises 26 per cent to Rs 2,071 crore
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): Private sector lender Kotak Mahindra Bank on Saturday reported a standalone net profit of Rs 2,071 crore for the first quarter of the current financial year, registering a year-on-year growth of 26 per cent.
Read More
IDFC First Bank Q4 profit rises 168 per cent to Rs 343 crore
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 30 (ANI): IDFC First Bank on Saturday said its net profit for the quarter ended March 2022 surged 168 per cent year-on-year to Rs 343 crore as compared to Rs 128 crore recorded in the corresponding period of last year.
Read More