CSB Bank net surges 180% on improved asset quality Provision Coverage of the bank is seen higher at 82.95 % and capital adequacy ratio stands at 20.74% , which… By FE BureauUpdated: January 22, 2022 8:47 am
IDBI Bank PAT jumps 53% YoY on higher NII growth For the quarter ended December, IDBI Bank’s NII or the difference between interest earned and expended, grew 31% on year… By FE BureauUpdated: January 21, 2022 11:04 pm
Bandhan Bank net rises 36% riding on growth of non-interest income The private sector lender had posted a whopping net loss of Rs 3008.59 crore for the second quarter in the… By FE BureauUpdated: January 21, 2022 11:06 pm
Interview| A Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC – ‘FPIs to find India relatively more attractive versus other EMs in 2022’ ‘We believe the uptick in GDP growth around 6.50% to 7% to come back this year, Balasubramanian says Updated: January 21, 2022 11:18 pm
Bankers await RBI nod on revised bad bank structure “What has been proposed now is a principal-agent relationship where the asset resolution will be outsourced to the IDRCL. So… By Shritama BoseUpdated: January 21, 2022 7:13 pm
Banks seek ECLGS extension, payments companies want zero-MDR gone In 2021, the outlay under the scheme was enhanced to Rs 4.5 lakh crore, with an incremental support of 10%… By Anish MondalUpdated: January 21, 2022 11:21 pm
Bandhan Bank Q3 profit rises 36 pc to Rs 859 cr The private sector lender had posted a net profit of Rs 633 crore in the same period of the previous… By PTIUpdated: January 21, 2022 6:42 pm
‘We expect growth in personal loan, SME & gold loan’ In all the areas of assets and liabilities, we are showing improvement year-on-year and quarter-on-quarter. Our fresh slippages for the… By Rajesh RaviUpdated: January 20, 2022 11:02 pm
South Indian Bank registers Rs 50-crore loss in Q3 Meanwhile, during this quarter Bank increased the provision coverage ratio from 65.02% to 68.08% on quarter-on-quarter basis with the help… By Anish MondalUpdated: January 20, 2022 10:56 pm
FACE applies to RBI to become self-regulatory organisation for digital lending Another industry body, Digital Lenders’ Association of India, which has over 80 members with $5-6 billion in annual disbursements, is… By FE BureauUpdated: January 20, 2022 11:12 pm
PNB Housing Finance’s Q3 PAT down 19% as NPAs rise During the quarter ended December, PNB Housing’s assets under management (AUM) de-grew 5% on a sequential basis and 14% on… By FE BureauUpdated: January 20, 2022 11:21 pm
Bank of Maharashtra’s net profit jumps 110.70% to Rs 325 crore A S Rajeev, managing director and CEO, BoM attributed this growth in profit to higher net interest income, growth in… By FE BureauUpdated: January 20, 2022 11:51 pm
Covid-19: No decision on resumption of offline classes at Pune schools yet, says Maharashtra Deputy CM Ajit Pawar
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