RBI Proposed New Rules For Projects Funded Via Project Finance
The Reserve Bank of India (RBI) has proposed new rules for lending to projects that are still under construction. These new norms will help the...
Tag : Gross non-performing assets (NPAs)
SBI Reports 6.7% Dips Net Profit at Rs 6,068 Crore
On Yesterday, the State Bank of India (SBI) reported net profit fell 6.7% to Rs 6,068 crore in Q1FY23. The Net interest income of the...
BoM Q2 Net Profit Up 103% to Rs 264 Crore
On Thursday, the Bank of Maharashtra (BoM) had reported an over two-fold jump in net profit on a year-on-year (YoY) basis in the quarter ended...
Federal Bank Q3 Net Profit Declines 8% to Rs 404 Crore
Federal Bank on Wednesday posted an 8 per cent decline in net profit at Rs 404.10 crore for the third quarter ended December 2020, mainly due...
Bank Credit Grows 3.2% in This Fiscal
Bank credit grew 3.2 per cent to Rs 107.05 lakh crore in the first nine months of the current financial year, as against a growth...
Yes Bank Shares Gain Over 3% in Early Trade
Yes Bank kick-started this week with a 3.25 per cent gain in early trade on Monday. The troubled bank’s share opened at Rs 15.65. It touched...
PNB Reported Net Profit of Rs 308 Crore in June Quarter
On Friday, Country’s second-largest public bank, Punjab National Bank (PNB) has reported a net profit of Rs 308 crore in the quarter ended on June, 30. A...
UCO Bank Back in the Black, Reports Profit of Rs 17 Cr in Q4
UCO Bank on Friday reported a standalone net profit of Rs 16.78 crore for the March quarter due to substantial rise in other income and decrease...
PNB CEO Expects Recoveries Worth Rs 8,000 Crore
State-owned Punjab National Bank (PNB) has said its standalone net loss narrowed to Rs 697.20 crore in the fourth quarter ended March 31, due to lower provisioning...
Shriram Transport Slumps 5% on Weak March Quarter Performance
Shares of Shriram Transport Finance Company fell 4.8 per cent on Thursday after it reported a 70 per cent year-on-year slump in its March quarter net profit...