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Total 129 results found. Search for [ Devidutta-Tripathy ]

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Devidutta Tripathy and Suvashree Dey Choudhury
March 2, 2016
Government had estimated last year that lenders would need to raise about $17 billion from markets over four years to meet total funding requirements of about $28 billion beyond projected profits.


Devidutta Tripathy
Mumbai, March 1, 2016
Finance Ministry Arun Jaitley, in his budget speech, stuck to earlier plans to provide $3.7 billion in new capital next year towards the escalating cost of a sector-wide bailout that the government estimates at $26 billion over four years.


Devidutta Tripathy
January 28, 2016
Net profit rose 4.5 per cent to Rs 3,018 crore ($443 million) for its fiscal third quarter to December 31, from Rs 2,889 crore reported a year earlier, the bank said in a statement.


Devidutta Tripathy and Aditi Shah
Mumbai/New Delhi, January 28, 2016
Top lender State Bank of India (SBI), and two big private sector peers - ICICI Bank and Axis Bank - say demand for credit from smaller centres in the country is helping grow their overall home-loans books.


Devidutta Tripathy
January 25, 2016
Net profit rose to Rs 3,357 crore ($495 million) for its fiscal third quarter to December 31, from Rs 2,795 crore reported a year earlier, HDFC Bank said in a statement on Monday.


Devidutta Tripathy
Mumbai, January 20, 2016
Net profit rose to Rs 21.75 billion ($320 million) for the three months to December  31 from Rs 19 billion a year earlier, the Mumbai-based bank said on Wednesday.


Devidutta Tripathy and Clara Ferreira-Marques
December 9, 2015
Aditya Puri, a former Citibank executive, has been at the helm of HDFC Bank since its launch in 1994, making him the longest-serving head of any Indian bank.


Devidutta Tripathy and Clara Ferreira-Marques
Mumbai, December 9, 2015
Banks are grappling with more than $110 billion of corporate stressed debt, a burden that is holding back fresh loans and hampering a speedier economic recovery.


Suvashree De Choudhury and Devidutta Tripathy
December 1, 2015
The RBI said it was taking a \"more liberal approach\" for long-term foreign currency borrowing as well as for external commercial borrowings denominated in Indian rupees.


Sumeet Chatterjee and Devidutta Tripathy
Mumbai, November 24, 2015
The deal comes a month after the government allowed carriers to trade mobile airwaves, a move aimed at improving services in the world's second-biggest market by number of mobile customers.


Devidutta Tripathy
November 16, 2015
The stake sales will value ICICI Prudential Life Insurance Co Ltd at Rs 32,500 crore ($4.9 billion), the bank said in a statement. That would mean the deals would be worth a combined Rs 1,950 crore.


Devidutta Tripathy
November 10, 2015
The government, which owns 61.8 per cent of Container Corp, will sell the stake through a stock market auction, the notice said.


Devidutta Tripathy
Mumbai, October 30, 2015
Net profit rose to Rs 3030 crore ($465 million)for its fiscal second quarter to September 30 from Rs 2,709 crore reported a year earlier, ICICI, which is also listed in New York, said in a statement.


Suvashree Dey Choudhury and Devidutta Tripathy
Mumbai, August 20, 2015
The comments come amid rising market expectations for a rate cut at the RBI's next policy review on September 29 after consumer inflation eased to a record low in July.


Devidutta Tripathy
August 18, 2015
Investors, who have long favoured private banks for their comparative nimbleness and cleaner balance sheets, say the higher exposure to heavily indebted companies is becoming a cause for concern in an economy that has been slow to take off.


Devidutta Tripathy
Mumbai, August 11, 2015
On a standalone basis, the bank's net profit increased by 10.2 per cent to Rs 3,692.43 crore for the quarter under review as against Rs 3,349.08 crore a year ago.


Devidutta Tripathy
Mumbai, August 6, 2015
State-run lenders, who dominate country's banking sector with more than 70 per cent market share, will need Rs 93,000 crore to deal with stressed loans, India Ratings and Research said in a research published on Thursday.


Devidutta Tripathy
July 28, 2015
Net profit fell to Rs 130 crore ($20.3 million) for its fiscal first quarter to June 30, from Rs 806 crore reported a year earlier, the Mumbai-based lender said.


Devidutta Tripathy
July 28, 2015
Net profit fell to Rs 519 crore ($81 million) during its fiscal first quarter to June 30, from Rs 664 crore reported a year earlier, the Mumbai-based lender said.


Devidutta Tripathy
July 28, 2015
The stock, however, jumped as much 6.7 per cent as the bank's bad loan ratio fell marginally in the three months to June, compared with the previous quarter.


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