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
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
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
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
The centre has infused Rs 2 lakh crore as capital into various banks during the past three years.
29 Nov 2019 3:27 PM
The private sector lender had reported a net profit of Rs 1,720.28 crore in 2018-19.
20 Nov 2019 10:59 AM
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
Homebuyers can approach banks for loan revival, advised the Governmant.
07 Nov 2019 5:52 PM
DHFL’s creditors include mutual funds, pension funds, insurance firms and a wide array of retail investors.
07 Nov 2019 1:30 PM
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
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
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
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
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
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
‘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
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
The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.
09 Sep 2019 10:06 AM
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
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