New Delhi [India], June 22 (ANI): Government-owned India Infrastructure Finance Company Ltd (IIFCL) said on Tuesday it has returned to profitability with a standalone profit after tax of Rs 286 crore and consolidated profit after tax of Rs 325 crore in the fiscal year 2020-21.
Mumbai (Maharashtra) [India], June 11 (ANI): The board of directors at private sector lender Yes Bank has approved seeking shareholders' nod for raising up to Rs 10,000 crore in Indian or foreign currency by issuing debt securities, including but not limited to non-convertible debentures, bo
New Delhi [India], June 7 (ANI): Union Bank of India (UBI) on Monday said it will pick stake in the National Asset Reconstruction Company Ltd (NARCL) and has identified Non Performing Assets (NPAs) worth Rs 7,800 crore to be transferred to the proposed bad bank for resolution.
New Delhi [India], June 6 (ANI): A petition has been filed before the Supreme Court by an NGO seeking appropriate directions to the Centre and the Reserve Bank of India (RBI) to issue a notification to all the banks to refrain from classifying any loan account as NPA for non-payment of EMI f
Mumbai (Maharashtra) [India], June 4 (ANI): Government-owned Bank of India said on Friday its standalone net profit for the quarter ended March totalled Rs 250 crore on the back of rise in other income and lower non-performing asset (NPA) provisions.
Mumbai (Maharashtra) [India], May 29 (ANI): Bank of Baroda on Saturday reported a standalone net loss of Rs 1,047 crore for the January to March quarter (Q4 FY21) as against a profit of Rs 507 crore in the same period last year (Q4 FY20).
New Delhi [India], May 29 (ANI): A number of petitions have been filed before the Supreme Court seeking to initiate contempt of court proceedings against Reserve Bank of India (RBI) Governor, Shaktikant Das, Chief Executive of Indian Banks Association (IBA) and others for allegedly flouting
New Delhi [India], May 27 (ANI): A petition was filed before the Supreme Court on Wednesday seeking to initiate contempt of court proceedings against RBI Governor Shaktikants Das, Chief Executive of Indian Banks Association (IBA) and others for allegedly flouting the top court's earlier o
Mumbai (Maharashtra) [India], May 17 (ANI): Private sector lender Federal Bank said on Monday its profit after tax for the January to March quarter was up by 58 per cent at Rs 521 crore.
Kolkata (West Bengal) [India], May 8 (ANI): Bandhan Bank said on Saturday its net profit for the January to March quarter crashed by 80 per cent to Rs 103 crore against Rs 517 crore in the corresponding quarter of previous year.
Singapore, May 3 (ANI): DBS Bank, Southeast Asia's largest bank by assets, reported its highest-ever quarterly profit aided in part by lower NPA (non-performing assets) provided for Lakshmi Villas Bank (LVB) which DBS acquired in November last year.
Mumbai (Maharashtra) [India], May 1 (ANI): Private sector lender IndusInd Bank has reported three-fold jump in its consolidated net profit for the January to March quarter (Q4 FY21) at Rs 926 crore as compared to Rs 315 crore in Q4 FY20.