The downgrade reflects renewed pressure on the cost and availability of funds for IBH and certain other finance companies in…
The company’s distressed credit business has capital employed of Rs 8,631 crore and recoveries stand at Rs 1,076 crore for…
The lender’s pre-provisioning operating profit dropped 12% year-on-year (y-o-y) to Rs 951 crore, led by a rise in employee cost…
The 10-year benchmark yield hit over a one-month high level to close 10 basis points higher at 6.63% on Wednesday.
Non-banking financial services under significant funding pressure as investors shy away
State Bank of India (SBI) on Wednesday said it has received in-principle approval from its central board to list SBI…
CDEL’s board has also provided its in-principle approval for disinvestment in its step down subsidiary, AlphaGrep Securities, in favour of…
Lenders have debited over Rs 750 crore from the accounts of IL&FS group entities between October 2018 and May 2019,…
The company had gained Rs 108.7 crore under ‘work in progress and stock in trade’ in the first quarter of…
EIH reported a consolidated net loss of Rs 1.13 crore for the first quarter of this fiscal, against a net…
The growth in profit was driven by performance of its subsidiaries UltraTech Cement and Aditya Birla Capital
Tata Motors-owned Jaguar has submitted a formal application to the Oxford English Dictionary (OED) and Oxford Dictionaries to change the…
Chief risk officers need to become strategic enablers by identifying and contextualising emerging risks for both disruptors as well as…
To further improve its rate of transmission, the bank is in the process of linking retail loan products with external…
Life Insurance Corporation of India (LIC) grew at a faster pace compared to private insurance players, shows data from the…
The organisation has also partnered at local and national levels with radio stations, billboard companies, media houses and digital groups…
During November 2018-July 2019, import of refined oil (RBD palmolein) increased to 2,090,381 tonne from 1,495,674 tonne in same period…
Under the terms of the licence agreement, Sun Pharma gets exclusive global licence for the said patents and any other…
