Mumbai (Maharashtra) [India], May 2 (ANI): Engineering major Greaves Cotton said on Thursday its profit after tax dropped to Rs 169 crore in 2018-19 from Rs 203 crore in the previous year.
New Delhi, Feb 5 (ANI): Punjab National Bank has done full provisioning after being hit by a Rs 14,356 crore fraud at its Brady House Mumbai branch involving certain accounts in the gems and jewellery sector.
New Delhi [India], Oct. 25 (ANI): Credit-rating body ICRA while welcoming the public sector unit (PSU) banks recapitalisation program that was announced on Tuesday said it would be "significantly positive" for banks to address their provisioning as well as growth capital requirements.
New Delhi [India], August 4 (ANI): Digital security provider Gemalto on Thursday announced that its on-demand connectivity service became the first in the world to demonstrate full compliance with the stringent security requirements of the GSMA's Security Accreditation Scheme for embedd
New Delhi [India], August 3, (ANI): Banks may require an incremental provisioning of 20 per cent against cumulative debt of 50 large stressed assets worth over Rs 4.3 lakh crore in construction, power, metals and other sectors that constitute about half of the gross non-performing assets of
New Delhi [India], June 27 (ANI): The Reserve Bank of India (RBI) on Tuesday issued an advisory letter to banks asking them to incorporate additional provisioning on the 12 loan accounts to be referred to the NCLT (National Company Law Tribunal) under the Insolvency and Bankruptcy Code (IBC)
New Delhi [India], Apr. 5 (ANI): Union Home Minister Rajnath Singh on Wednesday said special attention must be paid to the provisioning of quality standards of rations, adding that care should be taken to ensure that quality food is served in the Central Armed Police Forces (CAPFs).
Mumbai [India], Dec. 29 (ANI): Performance of the Indian banking sector remained subdued during 2015-16 year amidst rising proportion of banks' delinquent loans, consequent increase in provisioning and continued slowdown in credit growth, said Reserve Bank of India (RBI) on Thursday.
New Delhi [India], Nov 25 (ANI): World leader in digital security Gemalto has introduced an enhanced version of its LinqUs On-Demand Connectivity Platform that is fully compliant with the latest update to the GSMA Consumer Remote SIM Provisioning Specification.