L&T Q1 net up 46 per cent at Rs 610 crore

Infrastructure giant Larsen & Toubro (L&T) on Friday reported a 46 per cent jump in consolidated net profit at Rs 610 crore for the quarter ended June 30, 2016.

ICICI Bank Q1 profit falls 25%, bad loans tick up

ICICI Bank Ltd, country's top private sector lender by assets, said quarterly profit fell 25 per cent as its bad loans ticked up, although the decline was smaller than expected.

Sensex trades in red, Nifty below 7,650 level after Bank of Japan meet; ICICI Bank top loser

The headline indices edged lower as investors booked profit in banks and financials while disappointing stimulus measures from the Bank of Japan also weighed on investor sentiment.

Monetary Policy Committee alone can't reduce friction between govt and RBI: D Subbarao

There were different views on what should be the constitution of MPC, what should be the role of the Governor  within the committee  and whether he should have the veto or casting vote, says former RBI governor D Subbarao.

Five reasons why bank unions' protest against SBI associates' merger is justified

Over 8 lakh employees of public sector banks went on a one-day strike on Friday to protest against the proposed merger of SBI associates with the parent, affecting services at around 80,000 bank branches in the country.

Fri Jul 29 19:27:05 IST 2016
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