Monday, Aug 03, 2020 | Last Update : 09:19 PM IST

132nd Day Of Lockdown

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Kotak Mahindra Bank Q4 profit down 4% due to Covid19 related provisions

During the quarter, standalone profit also came down by 10% to Rs 1,267 crore as compared to Rs 1,408 crore in the same period a year ago

13 May 2020 3:33 PM

RBI sees corporate governance 'fault lines' at some lenders

Indian banks have shifted towards the retail market in recent years in response to a rise in soured corporate loans.

25 Dec 2019 10:49 AM

'Kotak Mahindra Bank best suited to acquire Yes Bank'

I think Uday (Kotak) is the best candidate to acquire Yes bank. You need deep pockets, Uday has that, said SBI's Rajnish Kumar.

17 Dec 2019 1:51 PM

Nearly 3 per cent of Mudra loans turn into bad loans: Govt

Minister of State for Finance Anurag Thakur gave this information in written reply to a question in the Rajya Sabha.

03 Dec 2019 4:21 PM

Not through bonds, only cash, says Rangarajan on banks recapitalisation

The centre has infused Rs 2 lakh crore as capital into various banks during the past three years.

29 Nov 2019 3:27 PM

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Yes Bank posts lower net profit for FY19 due to NPA divergence

The private sector lender had reported a net profit of Rs 1,720.28 crore in 2018-19.

20 Nov 2019 10:59 AM

NABARD seeks credit disbursal from banks on monthly basis

Speaking on the bank's Non-Performing Assets, the NABARD chief said that the bank's NPA has reduced last year.

13 Nov 2019 12:59 PM

Rs 25,000-cr fund not for projects with cases pending in higher courts: Govt

Homebuyers can approach banks for loan revival, advised the Governmant.

07 Nov 2019 5:52 PM

Govt not planning to help banks rescue shadow lender DHFL: sources

DHFL’s creditors include mutual funds, pension funds, insurance firms and a wide array of retail investors.

07 Nov 2019 1:30 PM

Yes Bank posts net loss of Rs 629 cr in Sept quarter as bad loans spike

The private sector lender had posted a net profit of Rs 951.47 crore in the corresponding period of the previous fiscal.

01 Nov 2019 6:42 PM

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Diluting govt stake below 50 per cent in PSBs no solution: Unions

Nobel laureate Abhijit Banerjee said that there was a need to bring down government stake to below 50 per cent in PSBs.

01 Nov 2019 2:26 PM

Bank of India post Rs 266 crore profit in Q2

The bank had posted a loss of Rs 1,156.25 crore in the July-September quarter last fiscal.

01 Nov 2019 1:48 PM

ICICI Bank rises 2 per cent after Q2 results

The ICICI Bank scrip rose 1.95 per cent to Rs 478.60 -- its 52-week high -- on the BSE.

29 Oct 2019 2:04 PM

SBI posts six-fold rise in Q2 profit at Rs 3,375 crore

The bank's net profit was Rs 576.46 crore in the July-September period of the previous fiscal.

25 Oct 2019 4:14 PM

AU Small Finance Bank reports 89 per cent jump in Q2 net profit

The bank's 79 per cent of the loan book is retail with around 95 per cent are secured.

22 Oct 2019 9:38 AM

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Suspended PMC bank chief hid information from RBI to save itself from ‘reputational loss’

‘As loans outstanding were huge and if these were classified as NPA it would have affected the profitability,’ the letter said.

01 Oct 2019 5:49 PM

No stressed MSME loan to be declared NPA till March 2020: FM

FM said banks have been asked to follow that circular and not declare any stressed MSME loan as NPA till March.

19 Sep 2019 8:24 PM

PNB puts up for sale 11 NPA accounts to recover dues of Rs 1,234 cr

The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.

09 Sep 2019 10:06 AM

From 27 to 12, Finance Minister announces mega PSU bank mergers

Non-performing assets have also been brought down from Rs 8.65 lakh crore to Rs 7.9 lakh crore.

30 Aug 2019 4:55 PM

IDBI Bank shares tank over 12 per cent after Q1 earnings

The scrip tanked 12.33 per cent to touch its 52-week low at Rs 23.80 on the BSE.

16 Aug 2019 1:50 PM

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